APA Corporation, an independent energy company based in Houston, operates in oil and gas exploration and production with a market cap of $9.2 billion. The stock touched a 52-week high of $27.72 and is currently trading 8.8% below that peak. APA has outperformed the iShares U.S. Oil & Gas Exploration & Production ETF significantly, with a 10.3% surge in the past three months. The company’s Q3 results showed an 18.2% drop in oil revenues but a notable uptick in natural gas revenues, leading to a 16.4% decline in total revenues. APA’s adjusted EPS of $0.93 surpassed consensus estimates by 25.7%.
Read more at Barchart: How Is APA’s Stock Performance Compared to Other Oil & Gas Stocks?
