APA Corporation (APA), headquartered in Houston, Texas, is an independent oil and gas exploration and production company operating globally across the U.S., Egypt and other regions. Its market capitalization stands at around $8 billion.
Shares of the company have underperformed the broader market. APA stock has declined 4.6% over the past 52 weeks, while the broader S&P 500 Index ($SPX) has gained 17.4%. In addition, shares of APA Corporation have dropped 3% on a year-to-date (YTD) basis, compared to SPX's 16% rise.
