Natixis Advisors L.P. Increases Stake in APA Corporation
April 20, 2023
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APA ($NASDAQ:APA) Corporation is an energy company headquartered in Houston, Texas. The company produces, transports, and markets crude oil and natural gas. It has a wide array of operations across the United States and Canada. Recently, Natixis Advisors L.P. announced that it had increased its stake in APA Corporation’s stock.
Natixis Advisors L.P. is a global asset management firm that manages a variety of equity, fixed income, and alternative investments. Natixis Advisors L.P.’s increased stake in APA Corporation can be seen as a vote of confidence in the company and its prospects for the future. This news has been welcomed by investors and analysts alike, as it could possibly lead to an increase in the stock price of APA Corporation in the near future.
Stock Price
APA Corporation is an energy company that focuses on the exploration, development, and production of oil, gas, and related products. At the market’s open, the stock opened at $38.6, and closed the day at $38.8, down 1.6% from the prior closing price of $39.4. This news was met with some investor hesitation, as APA Corporation’s stock has been volatile over the past week due to uncertainty in the oil market. The increased stake taken by Natixis Advisors L.P. marks a long-term investment in the company, signaling that they are expecting the stock to rebound in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Apa Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 11.07k | 3.67k | 27.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Apa Corporation. More…
| Operations | Investing | Financing |
| 4.94k | -1.51k | -3.49k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Apa Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.15k | 11.8k | 1.85 |
Key Ratios Snapshot
Some of the financial key ratios for Apa Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.6% | 133.7% | 54.6% |
| FCF Margin | ROE | ROA |
| 23.0% | 739.0% | 28.8% |
Analysis
At GoodWhale, we have conducted an analysis of APA CORPORATION‘s financials. Our Star Chart shows that the company is strong in dividend and growth, moderate in profitability, and weak in asset. With regards to its cashflows and debt, APA CORPORATION has an intermediate health score of 6/10, which signals that the company may be able to sustain future operations in times of crisis. In addition, we have classified APA CORPORATION as a ‘gorilla’, which is a type of company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. As such, investors who are looking for companies with strong competitive advantages and stable, high growth potential may be interested in APA CORPORATION. More…
Peers
The company has operations in the United States, Canada, and Australia. Pioneer Natural Resources Co, Continental Resources Inc, Hess Corp are some of APA Corp’s main competitors in the oil and gas industry.
– Pioneer Natural Resources Co ($NYSE:PXD)
Pioneer Natural Resources Co is an American oil and gas exploration and production company with operations in the United States, Canada, and Trinidad and Tobago. The company has a market capitalization of $59.39 billion and a return on equity of 24.61%. Pioneer Natural Resources is engaged in the exploration, development, and production of oil and gas properties. The company was founded in 1997 and is headquartered in Irving, Texas.
– Continental Resources Inc ($NYSE:CLR)
Continental Resources Inc is an American petroleum and natural gas exploration and production company with operations in the Bakken formation of North Dakota, Montana, and southern Saskatchewan. The company has a market cap of 26.94B as of 2022 and a Return on Equity of 32.98%. Continental Resources is one of the largest crude oil producers in the United States and is one of the leading operators in the Bakken formation.
– Hess Corp ($NYSE:HES)
Hess Corporation is an American multinational oil and gas company with operations in the United States, Canada, the North Sea, South America, and Africa. The company is headquartered in New York City and has been in operation since 1933. Hess is one of the largest independent oil and gas companies in the world with a market capitalization of $44.39 billion as of 2022. The company’s return on equity is 31.73%.
Hess Corporation is engaged in the exploration, production, purchase, transportation, and sale of crude oil and natural gas. The company also refines, markets, and supplies petroleum products. Hess operates through two segments: Upstream and Downstream. The Upstream segment explores for, develops, produces, transports, and sells crude oil and natural gas. The Downstream segment refines crude oil into finished petroleum products; markets and supplies refined products; and engages in trading operations.
Summary
APA Corporation is an attractive investment opportunity for those seeking to diversify their portfolios. Its stock has seen strong returns, with Natixis Advisors L.P. recently boosting its holdings. Analysts consider the company’s strong balance sheet and attractive dividend yield as key factors in their buy recommendation. It has a low debt-to-equity ratio and robust cash flow that gives it the necessary resilience to weather any economic downturns.
Additionally, the company has been able to maintain a steady upward trajectory in revenues and profits, signaling continued growth for the future. Overall, APA Corporation presents a compelling investment analysis, making it an ideal choice for any investor.
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