From Financial Modeling Prep: 2024-11-08 01:02:39

In Q3 2024, APA Corporation (NASDAQ:APA) reported a slight EPS miss but exceeded revenue expectations. The company’s financial ratios show low valuation and strong financial stability, with consistent outperformance in revenue estimates. APA operates in the US, Egypt, UK, and offshore Suriname in the oil and natural gas sector, highlighting its strategic position in the industry. APA’s Q3 2024 revenue of $2.54 billion surpassed estimates by 11.71%, demonstrating strong operational performance. With a P/E ratio of 4.40 and solid financial metrics, APA maintains a stable financial foundation despite fluctuating earnings.



Read more at Financial Modeling Prep:: APA Corporation’s Financial Overview and Market Pe…