APA GROUP STPLD. SECS.

APA Group recorded an 8.3% increase in adjusted EBITDA in fiscal year 2026 to a record level and an EBITDA margin of 77.9% following cost reductions and tariff increases. Free cash flow rose to more than 1.1 billion AUD; cost reductions amounted to 80 million AUD and annualized savings are around 100 million AUD. The company increased its organic growth pipeline from 3 billion AUD to 3.5 billion AUD for 2027–2029 and expects adjusted EBITDA of 2.26–2.34 billion AUD for FY2027, as well as a distribution of 0.59 AUD per security. Management highlights a strong balance sheet and financing headroom but notes risks from higher interest costs, political uncertainty and weather-related demand fluctuations. » More on de.investing.com

APA announces the acquisition of Savant Alaska LLC for an upfront payment of about $70 million plus contingent additional payments. The deal includes the Nutaaq pipeline (~80,000 barrels/day), roughly 104,000 gross acres and about 1,500 barrels/day of current production, and increases APA’s position on the eastern North Slope to around 487,000 gross acres. The infrastructure is intended to support exploration and appraisal work in 2026–2027; closing is expected by the end of 2026. The transaction comes against the backdrop of strong Q1 results (free cash flow ~ $500 million) and is seen as a near-term catalyst for the stock. » More on de.investing.com

APA stock hit a new 52-week high at $28.56 and is up about 36.7% over the six-month period; over 12 months the gain is around 20.5%. InvestingPro rates the stock as undervalued and reports a P/E ratio of 6.83 and a dividend yield of 3.66%. Analysts including Benchmark, RBC, Wolfe Research and William Blair confirmed various price targets and assessments, and the next quarterly report is due in seven days. APA is also in talks to sell the Australian gas network Allgas to Stonepeak, with closing expected in 2026. » More on de.investing.com