APA Corporation stock gets 10.5 million Q3 buybacks in focus

Published on 10/08/2026 at 05:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

APA Corporation stock was last at USD 43.81 on October 7, 2026, down 0.66 percent. APA estimated a USD 190 million pretax gain for Q3.

APA Corporation, US03743Q1085, Illustration mit AI erstellt.

APA Corporation (ISIN US03743Q1085) was last at USD 43.81 on Nasdaq on October 7, 2026 at 4:00 p.m. ET, down 0.66 percent. The company had repurchased 10.5 million shares during the third quarter at an average price of USD 42.78, according to GlobeNewswire on October 7, 2026.

Q3 estimates include a USD 190 million gain

APA's preliminary third-quarter estimates included a USD 190 million pretax net gain on oil and gas purchases and sales. The gain included a USD 8 million realized gain from commodity derivatives, making the one-off item important when investors compare the estimate with recurring operating performance.

The company estimated 348 million weighted-average basic shares for Q3 and reported USD 87.50 per barrel for U.S. oil, USD 26.00 per barrel for U.S. natural gas liquids and USD 1.45 per thousand cubic feet for U.S. natural gas. The figures remain estimates pending the final reporting process, as GlobeNewswire reported on October 7, 2026.

Analyst views remain close to the share price

MarketBeat reported on October 7, 2026 that Zacks Research upgraded APA from Hold to Strong Buy and raised its Q3 2026 earnings estimate from USD 0.66 to USD 0.68 per share. The same report listed a Hold consensus from 31 analysts and an average price target of USD 43.14.

That consensus target sits below the October 7 price of USD 43.81, while the stock remains USD 3.63 below its 52-week high of USD 47.44. The range extends down to USD 21.63, showing how much of the year's trading span is already reflected in the share price.

Buyback meets the next reporting date

APA will discuss its third-quarter results on November 5, 2026, at 10:00 a.m. CT. The date was included in the company's October 7 release, which also stated that the webcast would be available through APA's investor website.

The next shareholder checkpoint comes on October 22, 2026, the ex-dividend date for APA's USD 0.25 quarterly dividend, according to Yahoo Finance. For investors, the key distinction is between the announced buyback activity, preliminary Q3 operating figures and the final results that will follow.

APA stock stays below its yearly high

APA stock was last at USD 43.81 on Nasdaq on October 7, 2026, with a daily volume of 3,584,409 shares and a market capitalization of USD 15.5 billion. APA Corporation operates in the energy sector and explores for and produces oil, natural gas and natural gas liquids.