APA

Dollar General (DG) is highlighted as the Bull of the Day with a Zacks Rank #1 (Strong Buy) following a successful turnaround with four consecutive quarters of earnings beats and 35% share appreciation over the past year. Las Vegas Sands (LVS) is the Bear of the Day with a Zacks Rank #5 (Strong Sell), down 43% year-to-date due to two consecutive earnings misses by ~24% and deteriorating margins in both Singapore and Macao operations. The article also analyzes three energy stocks (Chevron, Diamondback Energy, and APA Corp) positioned to benefit from rising oil prices.

APA Corporation plans to maintain operations at the Forties Charlie platform in the U.K. North Sea despite a threatened 24-hour strike by over 160 offshore workers represented by the Unite union over pay disputes. The company will retain experienced personnel to support pipeline flows and third-party oil production even if its own output is temporarily suspended. Another strike is scheduled for November 4 if the compensation dispute remains unresolved.

With crude oil prices climbing amid geopolitical tensions, three major energy companies—Chevron, Diamondback Energy, and APA Corporation—are positioned to benefit from higher oil prices. Chevron reported 20% production growth and record refinery throughput, Diamondback generated $2.3 billion in free cash flow with raised 2026 guidance, and APA exceeded oil production guidance with $738 million in free cash flow. However, benefits depend on production volumes, operating costs, and hedging strategies.

Apache Corporation (APA) closed at $49.76, up 1.24%, outperforming the S&P 500. The oil and gas producer has gained 9.54% over the past month.

With a Zacks Rank #1 (Strong Buy) rating, analysts expect Q3 2026 earnings of $1.27 per share (up 36.56% YoY) and full-year earnings of $6 per share (up 59.15% YoY). The stock trades at a Forward P/E of 8.2, below its industry average of 9.4, and has a PEG ratio of 0.82.

Apache Corporation (APA), an oil and natural gas producer, has received a Zacks Rank #1 (Strong Buy) rating due to solid upward revisions in earnings estimates. The company is expected to earn $1.27 per share for the current quarter (+36.6% YoY) and $6.00 for the full year (+59.2% YoY).

Over the past 30 days, consensus estimates have increased significantly with five analysts raising estimates versus one lowering them. The stock has gained 9.5% in the past four weeks.

Apache Corporation (APA) is highlighted as a strong momentum pick with a Zacks Rank #1 (Strong Buy) and Momentum Style Score of B. The oil and gas exploration company has outperformed its industry significantly, with shares up 7.13% weekly and 118.25% annually, while earnings estimates have been revised upward over the past two months, supporting its bullish outlook.

Zacks highlights five non-tech Nasdaq stocks with Zacks Rank #1 (Strong Buy) ratings positioned for Q4 gains. Ross Stores benefits from strong sales momentum and store expansion; Roku capitalizes on the shift from linear TV to streaming advertising; APA Corp offers favorable capital efficiency and long-term growth; Corcept Therapeutics sees strong demand for Korlym and new product launches; Halozyme benefits from collaboration royalties and milestone payments.

FXN is a smart beta ETF launched in 2007 that tracks the StrataQuant Energy Index with a 0.63% expense ratio. The fund has delivered strong year-to-date returns of 45.33% and 54.47% over the past year, but carries higher risk with a beta of 0.62 and 25.13% standard deviation. It holds approximately 40 energy stocks with top holdings including HF Sinclair Corp., APA Corporation, and Devon Energy Corporation.

Despite the Nasdaq's tech-heavy composition, five non-tech Nasdaq-listed stocks with Zacks Rank #1 ratings are positioned for strong growth. Ross Stores plans 115 store openings with 13% Q2 sales growth, Roku's advertising revenue climbed 24.8%, APA Corp benefits from cost savings and long-term growth projects, Corcept Therapeutics sees strong drug demand with recent FDA approvals, and Halozyme generates royalties from pharma collaborations.

APA (Apache Corporation), an oil and gas exploration and production company, demonstrates strong potential for another earnings beat. The company has surpassed earnings estimates by an average of 19.40% in the last two quarters and currently has a positive Earnings ESP of +1.40% combined with a Zacks Rank #1 (Strong Buy) rating, suggesting a high probability of beating consensus estimates in its next quarterly report expected on November 4, 2026.

Zacks highlights two oil and energy stocks with positive Earnings Surprise Prediction (ESP) figures that could beat quarterly earnings expectations. APA (Apache Corporation) holds a Strong Buy rating with a +1.40% ESP ahead of its November 4, 2026 earnings release, while Chevron (CVX) also carries a Strong Buy rating with a +4.10% ESP before reporting on October 30, 2026. Both stocks show potential for positive earnings surprises based on recent analyst revisions.

A comparison of two oil and gas exploration companies shows APA as the superior value investment. APA holds a Zacks Rank #1 (Strong Buy) with a forward P/E of 7.79 and Value grade of A, while Cheniere Energy has a Zacks Rank #3 (Hold) with a forward P/E of 42.74 and Value grade of C. APA's lower valuation metrics and improving earnings outlook make it the more attractive option for value investors.

With Brent crude trading near $100-$105 per barrel due to Middle East tensions and Gulf of America outages, global oil inventories have fallen over 500 million barrels since February. Three energy stocks—APA Corporation, Equinor, and HF Sinclair—are highlighted as growth opportunities, each offering different exposure to the sector through exploration/production, international assets, and refining operations respectively.

APA Corporation, a Houston-based oil and gas exploration and production company, has received a Zacks Rank #1 (Strong Buy) rating with an A-grade VGM Score. The stock has demonstrated strong momentum with a 2.6% gain over the past four weeks, and analysts have revised fiscal 2026 earnings estimates upward by $0.64 to $5.89 per share, with an average earnings surprise of +27.8%.

APA Corporation has returned 87.6% year-to-date, outperforming the Oils-Energy sector average of 37.5%, with a Zacks Rank #1 (Strong Buy) rating and improved earnings estimates. Phillips 66 has performed even better with 115.6% returns and a similar Strong Buy rating, driven by a 51% increase in consensus EPS estimates over three months.

Zacks highlights APA Corporation as a strong value investment opportunity, citing its Zacks Rank #1 (Strong Buy) rating and 'A' grade in the Value category. The company trades at a P/E ratio of 8.22 compared to its industry average of 10.20, and a P/B ratio of 1.23 versus the industry average of 2.79, suggesting it is currently undervalued in the market.

Zacks Premium offers investment research tools including the Zacks Rank stock-rating system and Style Scores to help investors identify high-performing stocks. The Zacks Rank #1 (Strong Buy) stocks have averaged +23.86% annual returns since 1988, outperforming the S&P 500. APA Corporation is highlighted as a Strong Buy with strong growth prospects and positive earnings revisions.

Zacks Premium investment research service highlights APA Corporation (APA) as a #1 Strong Buy stock with an A-rated VGM Score. The energy company benefits from attractive valuation metrics including a forward P/E ratio of 7.56, with eight analysts revising earnings estimates higher in the last 60 days. The Zacks Rank system, which has historically outperformed the S&P 500 by more than double since 1988, recommends focusing on stocks with #1 or #2 rankings combined with A or B Style Scores for optimal investment returns.

Three energy sector stocks have been identified as having Zacks Rank #1 (Strong Buy) ratings with strong value characteristics. Par Pacific Holdings (PARR), Crescent Energy Company (CRGY), and APA Corporation (APA) all feature low price-to-earnings ratios compared to their respective industry benchmarks and possess Value Scores of A, with recent earnings estimate increases ranging from 17.9% to 23.6% over the past 60 days.

APA Corporation shares surged 73.9% over the past year, significantly outperforming peers and the broader energy sector. The company's 2026 EPS estimate rose 17.9% to $5.80, implying 53.9% year-over-year earnings growth.

APA improved Permian Basin capital efficiency, raised 2026 U.S. oil guidance to 123,000 barrels per day while maintaining its $1.3 billion capital budget, and expects $675 million in annualized cost and interest savings. The company maintains a strong balance sheet with manageable debt and plans to return at least 60% of free cash flow to shareholders.