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Added to YB: 2026-04-30

Pitch date: 2026-04-21

APA [neutral]

APA Corporation

+6.86%

current return

Author Info

No bio for this author

Company Info

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids.

Market Cap

$13.6B

Pitch Price

$37.73

Price Target

N/A

Dividend

2.60%

EV/EBITDA

3.60

P/E

9.63

EV/Sales

2.16

Sector

Oil, Gas and Consumable Fuels

Category

value

Show full summary:
Hotchkis & Wiley Large Cap Fundamental Value Fund Portfolio Holding: APA Corporation

APA (holding update): Independent E&P in Permian & Egypt w/ exploration in Suriname. Lucrative nat gas financial contracts capturing Waha/Houston Ship Channel/Henry Hub/LNG basis differentials. Outperformed Q1 as Brent hit ~$127 on Hormuz closure & US-Israel-Iran conflict; wider basis spreads boosted contract value. Trades at discount despite strong FCF in undersupplied energy market.

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