APA

APAB

Nasdaq / Energy

At close

2026-06-02

Current thesis

The bull case is that APA's Q1 results and guidance reset show real operating momentum: adjusted earnings came in at $489 million, free cash flow was strong, U.S. oil guidance was raised, and management kept the 2026 savings target intact.

Posture

Constructive

Lead driver

Value

What changed

6 setup hits (3d) with net bullish as of 2026-06-02.

What can break

APA still needs commodity, basis, and execution discipline to convert the Q1 beat into durable per-share value; if gas-basis relief comes slower than expected, margins and cash flow could lag.

Momentum

Value

Sentiment

Setup hits (3d)

6 · Net Bullish

AI TargetsBase $34.00 · Bull $43.00 · Bear $26.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Bullish

Target $28.93

Why

Momentum55 · Δ7d -16.7

Value73 · Δ7d -0.1

Sentiment48 · Δ7d +2.2

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Value · See fundamentals

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

-16.7

Δ21d

-1.0

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.1

Δ21d

-0.1

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+2.2

Δ21d

+5.7

Why this grade

Composite grade B. Momentum 54.9 / Value 72.9 / Sentiment 47.7

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$13.34B

Beta

0.74

Shares Out

354.67M

P/E (TTM)

5.9

P/S (TTM)

0.90

P/FCF (TTM)

1.98

Rev YoY

-16.4%

EPS YoY

+195.0%

Gross Margin

+69.2%

Op Margin

+34.0%

Net Debt

$5.42B

Current Ratio

0.78

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology