APA (APA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2025, APA (APA) reported revenue of $2.61 billion, up 37.3% over the same period last year. EPS came in at $1.06, compared to $0.78 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of +18.00%. The company delivered an EPS surprise of +27.71%, with the consensus EPS estimate being $0.83.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how APA performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Production volume per day - Total: 468.98 KBOE/D versus 464.29 KBOE/D estimated by seven analysts on average. Average price - Natural gas - Total: $2.81 versus the six-analyst average estimate of $3.01. Production volume per day - Natural gas - Total: 923.55 millions of cubic feet versus 900 millions of cubic feet estimated by six analysts on average. Average price per barrel - NGL - Total: $28.75 compared to the $27.08 average estimate based on five analysts. Production volume per day - NGL - Total: 78.55 thousands of barrels of oil versus the five-analyst average estimate of 80.45 thousands of barrels of oil. Production volume per day - Oil - Total: 236.5 thousands of barrels of oil compared to the 233.11 thousands of barrels of oil average estimate based on five analysts. Average price per barrel - Oil - Total: $73.73 compared to the $73 average estimate based on five analysts. Oil, natural gas, and natural gas liquids production revenues- Gas revenues: $233 million compared to the $237.04 million average estimate based on four analysts. The reported number represents a change of +32.4% year over year. Oil, natural gas, and natural gas liquids production revenues: $2.04 billion versus $1.95 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +16.7% change. Oil, natural gas, and natural gas liquids production revenues- Natural gas liquids revenues: $206 million versus $188.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +47.1% change. Purchased oil and gas sales: $597 million versus $395.32 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +194.1% change. Oil, natural gas, and natural gas liquids production revenues- Oil revenues: $1.60 billion versus the three-analyst average estimate of $1.52 billion. The reported number represents a year-over-year change of +11.7%. View all Key Company Metrics for APA here>>>Shares of APA have returned +12.1% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report APA Corporation (APA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks