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APA

Apache Corp.

$27.82

Earnings Summary

Revenue
$1951Mn
Net Profits
$132Mn
Net Profit Margins
6.77%
PE Ratio
3.21

Highlights

Revenue:

Apache Corp.’s revenue fell -2.84% since last year same period to $1951Mn in the Q1 2024. On a quarterly growth basis, Apache Corp. has generated -9.97% fall in its revenue since last 3-months.

Net Profits:

Apache Corp.’s net profit fell -59.51% since last year same period to $132Mn in the Q1 2024. On a quarterly growth basis, Apache Corp. has generated -92.55% fall in its net profits since last 3-months.

Net Profit Margins:

Apache Corp.’s net profit margin fell -58.33% since last year same period to 6.77% in the Q1 2024. On a quarterly growth basis, Apache Corp. has generated -91.73% fall in its net profit margins since last 3-months.

PE Ratio:

Apache Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 3.21.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Apache Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1.11
EPS Estimate Current Year
1.11

Highlights

EPS Estimate Current Quarter:

Apache Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.11 - a 18.09% jump from last quarter’s estimates.

EPS Estimate Current Year:

Apache Corp.’s earning per share (EPS) estimates for the current year stand at 1.11.

Key Ratios

Key ratios of the Apache Corp. post its Q1 2024 earnings

Earning Per Share (EPS)
0.78
Return on Assets (ROA)
0.14
Return on Equity (ROE)
1.22
Dividend Per Share (DPS)
0.25

Highlights

Earning Per Share (EPS):

Apache Corp.’s earning per share (EPS) fell -34.45% since last year same period to 0.78 in the Q1 2024. This indicates that the Apache Corp. has generated -34.45% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Apache Corp.’s return on assets (ROA) stands at 0.14.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Apache Corp.’s return on equity (ROE) stands at 1.22.

Dividend Per Share (DPS):

Apache Corp. declared 0.25 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
0.94
0.78
-17.02%