(VIANEWS) – Shares of Apache (NASDAQ: APA) dropped by a staggering 22.24% in 10 sessions from $41.15 at 2023-03-03, to $32.00 at 12:29 EST on Friday, following the last session’s upward trend. NASDAQ is dropping 0.82% to $11,621.27, after four sequential sessions in a row of gains.
Apache’s last close was $32.81, 36.84% below its 52-week high of $51.95.
About Apache
APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.
Earnings Per Share
As for profitability, Apache has a trailing twelve months EPS of $-12.86.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 373.66%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 37.4%, now sitting on 10.87B for the twelve trailing months.
Sales Growth
Apache’s sales growth is negative 12.9% for the ongoing quarter and negative 41% for the next.
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