APA Corporation — Cyborg Score 6/10

Solid
Oil & Gas Exploration and Production

Strategic Profile

APA maintains a diversified geographic portfolio with operations spanning North America, Africa, and Europe. The company benefits from Permian Basin infrastructure including four long-haul pipelines and associated gathering/compression assets that provide both operational and commercial advantages in a volatile energy market.

Cyborg Score Rationale

APA operates a geographically diversified upstream portfolio with meaningful infrastructure assets, generating strong EBITDA margins above 60%. However, exposure to commodity price volatility and regulatory risks in multiple jurisdictions create earnings uncertainty.

Top Insights

  • EBITDA of $5.59B USD as of February 2026 with 60.07% EBITDA margin indicates strong operational efficiency
  • Dividend yield increased significantly to 4.33% in 2024 from 2.79% in 2023, reflecting capital return prioritization
  • Operations span three continents (US, Egypt, North Sea) reducing single-geography risk exposure
  • Q4 2025 earnings call scheduled for February 26, 2026 with updated guidance expected

Named Competitors

  • EOG Resources — Independent oil and gas producer
  • Diamondback Energy — Permian Basin focused producer
  • Coterra Energy — Natural gas and oil producer

Recent Developments

  • (February 2026) Q4 2025 supplemental information and conference call scheduled for Feb 26 at 10am Central
  • (January 2026) Wells Fargo maintained Hold rating on APA amid energy sector analysis
  • (2024) Dividend policy shift resulted in 4.33% yield and 43.91% payout ratio

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