On 2016-05-13, Apache Corporation (NYSE:APA) confirmed the dividend disbursement of $0.25 a share to shareholders as on record 2016-07-22. The firm will release dividend on 2016-08-22 while ex-dividend date is reported to be 2016-07-20.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Apache Corporation (NYSE:APA) paid a total of $0.25 per share in dividends. This figure stood at $0.25 a share in the same period a year ago indicating a deviation of 5.2632%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $57.071 on the stock. This figure is the average of recommendations offered by 14 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $70 and $42, respectively.
Taking the mathematical rating formula, the price for Apache Corporation (NYSE:APA) stands at 2.63. Earnings Review Apache Corporation (NYSE:APA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.
Coming to the quarter ending on 2015-12-31, Apache Corporation (NYSE:APA) recorded EPS of $-0.26. The reported numbers came lower than the analysts’ estimates of $-0.24, demonstrating a miss of $-0.02 as against reported figures.
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