APA (APA) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $1.89
- Estimate
- $1.87
- Surprise
- +1.0%
- Score at report (before → after)
- 6.3 → 6.2/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
APA (APA) beat the $1.87 estimate with adjusted EPS of $1.89 — a modest 1.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.3/10) to Hold at 6.2/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates APA Buy (Wait) at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +1.0% surprise compares with a +20.3% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.2 in RISK_OFF)
- Sector modifier (Energy): +1.2
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (2.9% away)
- Target reached (-10.5% upside)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $47.18
- Entry target
- $41.96
- Price target
- $54.26
- Stop
- $39.99
- Upside to target
- +15.0%
At 10.0× trailing and 10.2× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 74 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-15 — shown for context, not personalized investment advice.
APA at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $16.60B
- P/E (fwd)
- 10.2
- P/E (ttm)
- 10.0
- 52-week range
- $21.63–$48.60
- Off 52-week high
- 2.9%
- RSI (14)
- 74
- Volume vs avg
- 0.32×
- Score today
- 6.3/10