- APA's revenue growth has slightly outpaced the industry average of 36.2%. Since the same quarter one year prior, revenues rose by 40.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
- APACHE CORP has improved earnings per share by 17.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, APACHE CORP turned its bottom line around by earning $8.50 versus -$0.92 in the prior year. This year, the market expects an improvement in earnings ($11.88 versus $8.50).
- The gross profit margin for APACHE CORP is currently very high, coming in at 77.20%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 23.40% significantly outperformed against the industry average.
- Net operating cash flow has increased to $2,447.00 million or 42.70% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 29.70%.
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Oil, Gas & Consumable Fuels industry average. The net income increased by 28.7% when compared to the same quarter one year prior, rising from $778.27 million to $1,002.00 million.
TheStreet Ratings Top 10 Rating Changes
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