Apache Stock Bullish Momentum With A 9% Rise As Session Comes To An End Today

(VIANEWS) – Shares of Apache (NASDAQ: APA) rose 9.15% to $39.36 at 15:17 EST on Monday, after two consecutive sessions in a row of gains. NASDAQ is dropping 0.96% to $12,105.13, after three sequential sessions in a row of gains. This seems, so far, a somewhat bearish trend exchanging session today.

Apache’s last close was $36.06, 30.59% under 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.

Moving Average

Apache’s worth is under its 50-day moving average of $40.17 and under its 200-day moving average of $40.41.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1 and the estimated forward annual dividend yield is 2.37%.

More news about Apache (APA).

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