APA Corporation(NASDAQ:APA): Russia is threatening to cut energy supplies to Europe, which could keep oil prices elevated this year. While rising oil prices should help the energy industry thrive, Occidental Petroleum (OXY) is not well-positioned to capitalize on the industry tailwinds. However, one could benefit from the industry’s solid prospects by investing in fundamentally strong oil stocks APA Corporation (APA), PBF Energy (PBF), and Adams Resources & Energy (AE) instead. Keep reading…
APA Corporation (NASDAQ:APA): A higher-than-expected May inflation report has concerned investors since this could force the Federal Reserve to hike interest rates aggressively. Since the possibility of the economy slipping into a recession is expected to keep the stock market under pressure, investors could consider stocks that tend to perform well amid an inflationary environment. Three such stocks, APA Corporation (APA), Genco Shipping & Trading (GNK), and PBF Energy (PBF), could be worth adding to your portfolio now. Let’s discuss.
Analysts predict that APA Co. (NYSE:APA – Get Rating) will post $2.66 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for APA’s earnings, with estimates ranging from $2.34 billion to $3.01 billion. APA posted sales of $1.78 billion in the same quarter last year, which suggests a […]
Equities research analysts expect that APA Co. (NYSE:APA – Get Rating) will announce earnings per share of $2.79 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for APA’s earnings, with the highest EPS estimate coming in at $3.38 and the lowest estimate coming in at $2.43. APA reported earnings per share […]
Equities analysts expect that APA Co. (NYSE:APA – Get Rating) will announce $2.72 billion in sales for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for APA’s earnings. The lowest sales estimate is $2.34 billion and the highest is $3.01 billion. APA reported sales of $1.78 billion during the same quarter last […]