---
title: APA (APA) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/apa
ticker: APA
as_of: 2026-10-17
sector: Energy
industry: Oil & Gas Exploration & Production
---
# APA (APA)

APA (APA) closed at $49.15 on Oct 16, 2026, undervalued by 8% vs its model value of $53.15 (from its peers' median P/E).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $49.15 (Oct 16, 2026) |
| Model value (from its peers' median P/E) | $53.15 |
| Price vs model | undervalued by 8% vs model |
| Range of that model | $48.30 – $57.74 |
| Market value | $17.2B |
| P/E (fiscal 2025) | 12.3 |
| Net margin (fiscal 2025) | 16.1% |
| Free cash flow (fiscal 2025) | $1.8B |
| Dividend yield (trailing twelve months) | 2.03% |
| Beta | 0.37 |
| Cost of capital (WACC) | 6.83% |
| Business classification | Cyclical (Revenue declining (~0% recent), Currently unprofitable, Pays dividends) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest free cash flow yield | #30 | 10.5% | https://sweetvaluelab.com/lists/highest-free-cash-flow-yield |
| Lowest P/E | #39 | 12.3× | https://sweetvaluelab.com/lists/lowest-pe |
| Near 52-week highs | #1 | 0.0% | https://sweetvaluelab.com/lists/near-52-week-highs |
| Best performing this year | #16 | +100.9% | https://sweetvaluelab.com/lists/best-performing-this-year |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 2.03% |
| Dividends per share, last 12 months | $1.00 |
| Dividends / free cash flow (fiscal 2025) | 19.9% |
| Raised | — |
| Growth over 5 years | 58.5% a year |
| Latest payment | $0.25, ex-date Jul 22, 2026, paid Aug 21, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Jul 21, 2021 | $0.10 |
| To Jul 21, 2022 | $0.44 |
| To Jul 20, 2023 | $1.00 |
| To Jul 22, 2024 | $1.00 |
| To Jul 22, 2025 | $1.00 |
| Trailing twelve months (to Jul 22, 2026) | $1.00 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $0.00 | $0.00 | $0.00 |
| DCF · Perpetuity growth · 10y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 5y | cross check | $0.00 | $0.00 | $0.00 |
| DCF · EBITDA exit · 10y | cross check | $0.00 | $0.00 | $0.00 |
| P/E · peers | cross check | $53.15 | $48.30 | $57.74 |
| P/E · own history | cross check | $42.36 | $17.62 | $56.67 |
| PEG | sanity check | $51.41 | $51.41 | $51.41 |
| EV/EBITDA · peers | cross check | $66.75 | $65.59 | $67.63 |
| EV/Revenue · peers | cross check | $0.00 | $0.00 | $0.00 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $20.78 | $13.59 | $38.11 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 30, 2026 | Weaving Anya | Director | Grant / award | 1,203 | $0 |
| Sep 30, 2026 | STOVER DAVID L | Director | Grant / award | 1,203 | $0 |
| Sep 30, 2026 | Ragauss Peter A | Director | Grant / award | 1,203 | $0 |
| Sep 30, 2026 | McKay Lamar | Director | Grant / award | 1,804 | $0 |
| Sep 30, 2026 | Joung Chansoo | Director | Grant / award | 1,203 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Oct 7, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1841666/000184166626000058/apa8k-20261007.htm |
| Aug 6, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1841666/000184166626000053/apa-20260630.htm |
| Aug 5, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1841666/000184166626000050/apa8k-20260805.htm |
| Jul 8, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1841666/000184166626000045/apa8k-20260708.htm |
| Jun 1, 2026 | S-8 | Employee stock plan registration | https://www.sec.gov/Archives/edgar/data/1841666/000184166626000042/forms-8.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Bridgewater | 2026-06-30 | 1,444,176 | $47.0M |
| John Rogers | 2026-06-30 | 186,521 | $6.1M |
| Samantha McLemore | 2026-06-30 | 50,000 | $1.6M |
| Dodge & Cox | 2026-06-30 | 19,500 | $635,115 |

4 tracked managers in all.

## About

APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, and produce hydrocarbon assets. The company maintains significant operational presences in the United States, Egypt, and the United Kingdom, while also conducting exploration activities offshore Suriname. Furthermore, APA Corporation manages critical gathering, processing, and transmission infrastructure within West Texas and holds ownership interests in four major pipelines connecting the Permian Basin to the Gulf Coast. Established in 1954, the company is headquartered in Houston, Texas.

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Source: https://sweetvaluelab.com/stocks/apa (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.