APA Corp(APA)Stock Analysis
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This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
APA Stock Analysis & AI Quality Score
AI stock analysis and institutional research for APA Corp (APA), a Energy sector company. APA is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), APA Corp reports net income of $446.0M, free cash flow of $554.0M. Top institutional holders of APA by reported 13-F value include BlackRock,, HOTCHKIS & WILEY CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. APA trades on the Nasdaq exchange and files with the SEC under CIK 1841666. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate APA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for APA Corp directly from SEC EDGAR.
Net Income
Q1 2026
$446.0M
Free Cash Flow
Q1 2026
$554.0M
ROIC
Q1 2026
9.8%
D/E Ratio
Q1 2026
0.70
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Net Income
-71.8% YoYOperating Income
-33.9% YoYEPS (Diluted)
-75.5% YoYTotal Assets
+27.2% YoYTotal Debt
+17.5% YoYOp. Cash Flow
+15.7% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Net Income | $804.0M -71.8% | $2.85B -22.3% | $3.67B | — | — | — |
| Operating Income | $2.44B -33.9% | $3.70B -33.6% | $5.57B +235.7% | $-4.10B -90.6% | $-2.15B | — |
| EPS (Diluted) | $2.27 -75.5% | $9.25 -16.1% | $11.02 +185.7% | $-12.86 -36.4% | $-9.43 | — |
| Total Assets | $19.39B +27.2% | $15.24B +16.0% | $13.15B +3.1% | $12.75B -29.6% | $18.11B | — |
| Total Debt | $6.10B +17.5% | $5.19B -4.9% | $5.46B -37.9% | $8.78B | — | — |
| Operating Cash Flow | $3.62B +15.7% | $3.13B -36.7% | $4.94B +256.1% | $1.39B -51.6% | $2.87B | — |
AI Insight: APA Financial Trends
APA's balance sheet is healing fast — total debt down ~$2.2B in six quarters while equity climbed to a fresh high of $6,456M in Q1 2026.
• Total debt fell from $6,745M in Q2 2024 to $4,548M in Q1 2026, a ~33% reduction over six quarters.
• Equity rose steadily from $5,114M in Q3 2024 to $6,456M in Q1 2026, its highest level in the data set.
• Net income accelerated sharply, growing from $205M in Q3 2025 to $446M in Q1 2026.
• Operating cash flow dropped to $554M in Q1 2026, the lowest reading since Q2 2024's $877M.
⚠ Op CF collapsed from $1,460M in Q3 2025 to $554M in Q1 2026 — working capital timing or structural pressure warrants scrutiny.
⚠ Operating income declined from $1,055M in Q1 2026 context looks strong, but Q4 2025 dipped to $718M — trend is uneven.
⚠ Debt reduction pace may slow as outstanding balance stabilizes near $4.5–4.7B for two consecutive quarters.
AI Insight: APA Ratio Trends
APA's leverage nearly halved from 1.25x to 0.70x D/E while Q1 2026 ROIC surged to 38.4%, signaling a meaningful balance-sheet and capital-efficiency inflection.
• D/E ratio fell from 1.25 in Q3 2024 to 0.70 in Q1 2026, the lowest level in the observed period.
• ROIC rebounded sharply to 38.4% in Q1 2026 after dipping to 26.6% in Q4 2025, a 11.8pp quarter-over-quarter recovery.
• ROE accelerated from 13.8% in Q3 2025 to 27.6% in Q1 2026, while ROA rose from 4.6% to 9.9% over the same span.
⚠ Q3 2024 ROIC crashed to -5.0% — a stark one-quarter anomaly; any recurrence would signal operational or asset-impairment risk.
⚠ TTM ROIC of 29.8% trails the Q1 2026 single-quarter read of 38.4%, suggesting recent strength may include seasonal or one-off tailwinds.
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Available Research
13F Pro tracks comprehensive data for APA Corp including:
Top Institutional Holders of APA
BlackRock, Inc.
$1.4B33,780,445 shHOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
$1.4B32,015,114 shSTATE STREET CORP
$1.1B24,803,994 shVANGUARD CAPITAL MANAGEMENT LLC
$975.0M22,973,674 shVANGUARD PORTFOLIO MANAGEMENT LLC
$733.4M17,279,938 shDIMENSIONAL FUND ADVISORS LP
$695.1M16,376,952 shInvesco Ltd.
$668.6M15,753,595 shFMR LLC
$542.3M12,777,533 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$523.7M12,340,424 shGEODE CAPITAL MANAGEMENT, LLC
$445.4M10,511,439 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $1.4B | 33,780,445 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $1.4B | 32,015,114 |
| STATE STREET CORP | $1.1B | 24,803,994 |
| VANGUARD CAPITAL MANAGEMENT LLC | $975.0M | 22,973,674 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $733.4M | 17,279,938 |
| DIMENSIONAL FUND ADVISORS LP | $695.1M | 16,376,952 |
| Invesco Ltd. | $668.6M | 15,753,595 |
| FMR LLC | $542.3M | 12,777,533 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $523.7M | 12,340,424 |
| GEODE CAPITAL MANAGEMENT, LLC | $445.4M | 10,511,439 |
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Popular Research
Is APA a good stock to buy?
13F Pro's AI-powered analysis of APA Corp (APA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for APA are available on the APA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own APA?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling APA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of APA Corp's investment landscape.