股市趋势分析 - 主要股市达到新高，投资者寻找股票以利用“广度”不足[1] - 市场广度有迹象增加，表明表现不佳的股票可能开始加速[2] - 选取三只落后股票进行分析，包括烃类、区域银行和农业[3]

美国原油产量 - 美国连续第六年保持世界顶级石油生产国地位，2023年美国原油产量达到历史新高，平均每天产量达到12.9百万桶，12月更是达到超过13.3百万桶的里程碑[1][2] - 美国的原油产量持续增长，预计今年将达到创纪录的1321万桶/日，这一增长的主要驱动力是井操作效率的提高，巩固了美国在全球石油市场中的主导地位[2] 受益公司 - APA公司、Diamondback Energy公司和Magnolia Oil & Gas公司是一些可能受益于这一生产繁荣的原油勘探公司[3]

公司概况 - APA Corp. (NASDAQ:APA)是一家油气勘探和生产公司，总部位于休斯顿，德克萨斯州[1] - APA公司是一家规模相对较小且未受关注的O&G勘探和生产公司[37] 生产情况 - APA在2023年生产了大约1.48亿桶油当量，拥有约8.07亿桶的估计证明储量，生产收入为74亿美元，主要集中在美国、埃及和北海地区[5] - APA的美国资源占据了大部分的证明储量和超过50%的产量，主要位于Permian盆地，但由于2023年美国Henry Hub天然气价格疲软，导致APA股价表现不佳[6] - APA计划收购Callon Petroleum Company (CPE)，使其成为一个日产超过500千桶油当量的公司，预计美国部门的产量将增长近50%[7] - APA与TotalEnergies SE在苏里南的Block 58进行50/50合资，预计最终产能约为每天20万桶油当量，这对APA来说将是一项具有转型意义的发现[18] 财务状况 - APA的经营现金流有所改善，资本支出减少，自由现金流增加，股票回购也有所增加，公司计划将至少60%的自由现金流返还给股东[20] - APA公司的债务相对较高，但短期到期债务可管理[30] - APA公司的债务仍然可控，即使不偿还2026年的债券[31] - Moody's将Apache的长期信用评级从Ba1升级至Baa3[32] - APA公司的债务到期情况和加权平均利率[33] 风险因素 - O&G公司面临的风险包括油污和重大事故[34] - APA公司面临的地缘政治风险主要来自埃及和苏里南[35] - 汇率风险对APA公司来说更多是理论上的风险[36] - APA公司的生产来自埃及，可能受到地缘政治动荡和通货膨胀率的影响[39] - APA公司在苏里南的勘探活动风险较高，但回报也较大[40] 股票表现 - APA公司的股票价格便宜，主要原因包括天然气价格下跌、地缘政治风险等[42] - APA公司的股票被认为是低估的，即使不考虑苏里南的发现[43]

Despite escalating geopolitical risks, concerns over global demand have offset any price support, which, in turn, has affected the Zacks Oil and Gas - Exploration and Production - United States industry. The Fed’s emphasis that there was no urgency to reduce rates, citing robust inflation and economic indicators observed since the year's commencement, adds to concerns. The market hasn't been kind to natural gas either, with the commodity continuing to trade under $2. Although macro challenges are leading to ...

While conservative plays can move you up the gridiron, sometimes you need the long ball, which is exactly the situation speculative stocks to buy specializes in. No, you’re not going to bet your lifesavings on these ideas. And no, you shouldn’t expect a smooth ride.However, what you can expect is the possibility of significant upside returns. Given that the equities market in some angles can be viewed a zero-sum game, it’s inevitable that certain companies will draw the ire of investors. Nevertheless, the s ...

收购情况 - APA公司宣布了对Callon公司的收购，预计将于2024年4月1日左右完成[1] - 收购预计将对所有财务指标产生增值效应，并提供重要的成本协同效应[2] Permian盆地表现 - APA公司在Permian盆地的表现一直处于行业前列，通过专有方法取得了卓越的成果[3]

APA Corporation (NASDAQ:APA) Q4 2023 Earnings Conference Call February 22, 2024 11:00 AM ET Company Participants Gary Clark - VP, IR John Christmann - CEO & Director Stephen Riney - President & CFO Tracey Henderson - EVP, Exploration Conference Call Participants Doug Leggate - Bank of America Merrill Lynch Neal Dingmann - Truist Securities Robert Brackett - Sanford C. Bernstein & Co. Charles Meade - Johnson Rice & Company Arun Jayaram - JPMorgan Chase & Co. Paul Cheng - Scotiabank Leo Mariani - ROTH MKM Par ...

财务表现 - APA公司第四季度调整后每股收益为1.15美元，低于预期且较去年同期的1.48美元下降[1] - 第四季度营收为19亿美元，低于预期且较去年同期下降20.5%[2] - APA公司在第四季度继续向股东支付股息和回购股票，回购了价值3764万美元的320万股股票，并支付了7600万美元的股息[3] 产量情况 - APA公司的石油和天然气产量为414,430桶油当量/天，其中67%为液体，略高于预期[4] - APA公司预计2024年第一季度和全年调整后的产量分别为328,000-330,000桶油当量/天和323,000-325,000桶油当量/天[11]

APA (APA) reported $1.89 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 20.5%. EPS of $1.15 for the same period compares to $1.48 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.05 billion, representing a surprise of -7.49%. The company delivered an EPS surprise of -16.67%, with the consensus EPS estimate being $1.38.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

APA (APA) came out with quarterly earnings of $1.15 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.67%. A quarter ago, it was expected that this oil and natural gas producer would post earnings of $1.08 per share when it actually produced earnings of $1.33, delivering a surprise of 23.15%.Over the last four quarters, the ...