What did Benchmark do on February 2, 2026 for APA?

Benchmark maintained a Buy rating on APA on February 2, 2026 and lowered Q4 estimates. The firm did not issue a new price target, and the market moved roughly 0.12% (up $0.03).

How should I interpret the APA analyst rating maintained at Buy?

A maintained Buy means Benchmark still expects APA to outperform peers over time, despite trimming short-term estimates. It signals continued confidence, not an immediate catalyst or new valuation target.

Does the Benchmark note include an APA price target?

No. The February 2, 2026 Benchmark note lowered Q4 estimates but did not publish a new APA price target. Investors should use consensus estimates and company guidance for valuation context.

How does Meyka AI view this after the rating action?

Meyka AI rates APA with a grade of B+ based on benchmark comparison, sector performance, growth metrics, and analyst consensus. The maintained Buy aligns with a cautiously positive view but is not investment advice.

Analyst Ratings

Benchmark Maintains Buy on APA (APA Corporation) Feb 2026

ByDanny Kontos February 3, 2026

The APA analyst rating held at Buy after Benchmark reiterated its view on APA (APA Corporation) on February 2, 2026. Benchmark kept the Buy call while lowering Q4 estimates, a measured move that shows confidence in APA’s gas marketing and operations despite near-term headwinds. The announcement lists no new price target. The StreetInsider note showed a small market reaction of 0.12% (up $0.03). This update matters for income and energy-growth investors tracking APA’s 2026 outlook and near-term earnings revisions.