Subtext

APA Corporation APA

SectorEnergy
Transcripts71
Date range2007-07-26 – 2025-05-08
Calls charted71

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-18-9+0+9+182007 Q22009 Q32012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q2 · Overall: +5.02007 Q3 · Overall: +1.92007 Q4 · Overall: +3.92008 Q1 · Overall: +7.52008 Q2 · Overall: +3.62008 Q3 · Overall: -3.12008 Q4 · Overall: -1.42009 Q1 · Overall: +2.72009 Q2 · Overall: +3.52009 Q3 · Overall: +3.32009 Q4 · Overall: +4.82010 Q1 · Overall: +3.12010 Q3 · Overall: +1.12010 Q4 · Overall: +4.52011 Q1 · Overall: +2.82011 Q2 · Overall: +6.82011 Q3 · Overall: +6.62011 Q4 · Overall: +5.82012 Q1 · Overall: +2.72012 Q2 · Overall: -0.22012 Q3 · Overall: +2.92012 Q4 · Overall: -0.32013 Q1 · Overall: -1.02013 Q2 · Overall: +4.22013 Q3 · Overall: +3.62013 Q4 · Overall: +4.22014 Q1 · Overall: +3.62014 Q2 · Overall: +3.02014 Q3 · Overall: +2.72014 Q4 · Overall: +2.22015 Q1 · Overall: +7.02015 Q2 · Overall: +9.22015 Q3 · Overall: +8.32015 Q4 · Overall: +4.82016 Q1 · Overall: +7.92016 Q2 · Overall: +15.72016 Q3 · Overall: +7.42016 Q4 · Overall: +7.62017 Q1 · Overall: +8.32017 Q2 · Overall: +5.72017 Q3 · Overall: +5.22017 Q4 · Overall: +8.92018 Q1 · Overall: +14.42018 Q2 · Overall: +14.62018 Q3 · Overall: +12.02018 Q4 · Overall: +5.72019 Q1 · Overall: +6.52019 Q2 · Overall: +5.12019 Q3 · Overall: +3.72019 Q4 · Overall: +2.32020 Q1 · Overall: -3.12020 Q2 · Overall: +3.52020 Q3 · Overall: +2.82020 Q4 · Overall: +2.22021 Q1 · Overall: +5.62021 Q2 · Overall: +6.32021 Q3 · Overall: +4.82021 Q4 · Overall: +4.52022 Q1 · Overall: +2.22022 Q2 · Overall: +1.12022 Q3 · Overall: +1.72022 Q4 · Overall: +6.82023 Q1 · Overall: +4.92023 Q2 · Overall: +8.42023 Q3 · Overall: -0.22023 Q4 · Overall: +4.12024 Q1 · Overall: +3.42024 Q2 · Overall: +5.12024 Q3 · Overall: +2.62024 Q4 · Overall: +7.02025 Q1 · Overall: +9.1
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-25-12+0+12+252007 Q22009 Q32012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q2 · CEO: +7.42007 Q3 · CEO: +2.02007 Q4 · CEO: +6.42008 Q1 · CEO: +9.22008 Q2 · CEO: +4.82008 Q3 · CEO: -0.32008 Q4 · CEO: +3.42009 Q1 · CEO: +4.62009 Q2 · CEO: +8.72009 Q4 · CEO: +5.62010 Q1 · CEO: +13.92010 Q3 · CEO: +4.82010 Q4 · CEO: +10.52011 Q1 · CEO: +3.92011 Q2 · CEO: +8.32011 Q3 · CEO: +10.82011 Q4 · CEO: +6.32012 Q1 · CEO: +3.52012 Q2 · CEO: +1.82012 Q3 · CEO: +10.32012 Q4 · CEO: +4.32013 Q1 · CEO: +6.72013 Q2 · CEO: +4.02013 Q3 · CEO: +5.12013 Q4 · CEO: +14.12014 Q1 · CEO: +6.92014 Q2 · CEO: +8.92014 Q3 · CEO: +9.42014 Q4 · CEO: +8.62015 Q1 · CEO: +9.72016 Q3 · CEO: +10.82016 Q4 · CEO: +11.82017 Q1 · CEO: +13.02017 Q2 · CEO: +8.22017 Q3 · CEO: +11.12017 Q4 · CEO: +12.12018 Q1 · CEO: +17.72018 Q4 · CEO: +11.42019 Q1 · CEO: +9.82019 Q2 · CEO: +9.32019 Q3 · CEO: +9.32019 Q4 · CEO: +6.12020 Q1 · CEO: -1.22020 Q2 · CEO: +8.22020 Q3 · CEO: +9.22020 Q4 · CEO: +6.92021 Q1 · CEO: +13.22021 Q2 · CEO: +9.52021 Q3 · CEO: +11.42021 Q4 · CEO: +17.12022 Q1 · CEO: +6.42022 Q2 · CEO: +5.82022 Q3 · CEO: +10.72022 Q4 · CEO: +12.22023 Q1 · CEO: +11.82023 Q2 · CEO: +11.22023 Q3 · CEO: +5.82023 Q4 · CEO: +10.62024 Q1 · CEO: +7.82024 Q3 · CEO: +14.32024 Q4 · CEO: +20.12025 Q1 · CEO: +19.32007 Q2 · CFO: +7.22007 Q3 · CFO: +8.12007 Q4 · CFO: +6.62008 Q1 · CFO: +13.32008 Q2 · CFO: +13.82008 Q3 · CFO: -1.72008 Q4 · CFO: +0.72009 Q2 · CFO: +11.22010 Q4 · CFO: +3.22011 Q1 · CFO: +8.22011 Q2 · CFO: +16.82011 Q3 · CFO: +20.52011 Q4 · CFO: +19.62012 Q1 · CFO: +21.72012 Q2 · CFO: +13.82012 Q3 · CFO: +5.92012 Q4 · CFO: +7.42013 Q1 · CFO: +3.92013 Q2 · CFO: +0.02013 Q3 · CFO: +6.02013 Q4 · CFO: +3.92014 Q1 · CFO: +7.12014 Q2 · CFO: +5.92014 Q3 · CFO: +6.12014 Q4 · CFO: -11.42016 Q3 · CFO: +3.12016 Q4 · CFO: -3.02017 Q1 · CFO: +7.02017 Q2 · CFO: -3.12017 Q3 · CFO: +4.22017 Q4 · CFO: +3.72018 Q1 · CFO: +8.32018 Q2 · CFO: +13.32018 Q3 · CFO: +10.82018 Q4 · CFO: +1.62019 Q1 · CFO: +2.02019 Q2 · CFO: -7.52019 Q3 · CFO: +5.92019 Q4 · CFO: +0.42020 Q1 · CFO: -10.22020 Q2 · CFO: +0.02020 Q3 · CFO: +1.22020 Q4 · CFO: -6.02021 Q1 · CFO: +8.32021 Q2 · CFO: +1.62021 Q3 · CFO: +5.52021 Q4 · CFO: -1.82022 Q1 · CFO: +5.02022 Q2 · CFO: -1.32022 Q3 · CFO: +3.82022 Q4 · CFO: +16.62023 Q1 · CFO: +5.42023 Q2 · CFO: +0.02023 Q3 · CFO: +11.22023 Q4 · CFO: -2.62024 Q1 · CFO: +18.62024 Q2 · CFO: +0.82024 Q3 · CFO: -5.82024 Q4 · CFO: +3.12025 Q1 · CFO: +6.4
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-25-12+0+12+252007 Q22009 Q32012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22007 Q2 · Prepared remarks: +11.12007 Q3 · Prepared remarks: +8.72007 Q4 · Prepared remarks: +10.02008 Q1 · Prepared remarks: +11.12008 Q2 · Prepared remarks: +8.72008 Q3 · Prepared remarks: +1.42008 Q4 · Prepared remarks: +2.32009 Q1 · Prepared remarks: +3.02009 Q2 · Prepared remarks: +6.32009 Q3 · Prepared remarks: +3.82009 Q4 · Prepared remarks: +9.92010 Q1 · Prepared remarks: +7.72010 Q3 · Prepared remarks: +5.62010 Q4 · Prepared remarks: +12.02011 Q1 · Prepared remarks: +7.82011 Q2 · Prepared remarks: +12.12011 Q3 · Prepared remarks: +10.82011 Q4 · Prepared remarks: +10.32012 Q1 · Prepared remarks: +10.72012 Q2 · Prepared remarks: +2.92012 Q3 · Prepared remarks: +5.42012 Q4 · Prepared remarks: +4.52013 Q1 · Prepared remarks: +9.42013 Q2 · Prepared remarks: +8.72013 Q3 · Prepared remarks: +3.02013 Q4 · Prepared remarks: +8.92014 Q1 · Prepared remarks: +7.42014 Q2 · Prepared remarks: +7.12014 Q3 · Prepared remarks: +5.32014 Q4 · Prepared remarks: +5.62015 Q1 · Prepared remarks: +7.02015 Q2 · Prepared remarks: +12.72015 Q3 · Prepared remarks: +17.02015 Q4 · Prepared remarks: +9.32016 Q1 · Prepared remarks: +16.32016 Q2 · Prepared remarks: +19.32016 Q3 · Prepared remarks: +10.52016 Q4 · Prepared remarks: +8.22017 Q1 · Prepared remarks: +13.22017 Q2 · Prepared remarks: +5.72017 Q3 · Prepared remarks: +9.22017 Q4 · Prepared remarks: +11.72018 Q1 · Prepared remarks: +16.32018 Q2 · Prepared remarks: +17.02018 Q3 · Prepared remarks: +14.42018 Q4 · Prepared remarks: +10.02019 Q1 · Prepared remarks: +10.52019 Q2 · Prepared remarks: +3.22019 Q3 · Prepared remarks: +7.42019 Q4 · Prepared remarks: +5.02020 Q1 · Prepared remarks: -11.42020 Q2 · Prepared remarks: -0.42020 Q3 · Prepared remarks: +4.52020 Q4 · Prepared remarks: -1.62021 Q1 · Prepared remarks: +7.42021 Q2 · Prepared remarks: +12.12021 Q3 · Prepared remarks: +6.02021 Q4 · Prepared remarks: +12.92022 Q1 · Prepared remarks: +3.72022 Q2 · Prepared remarks: +2.32022 Q3 · Prepared remarks: +5.92022 Q4 · Prepared remarks: +15.82023 Q1 · Prepared remarks: +7.72023 Q2 · Prepared remarks: +9.62023 Q3 · Prepared remarks: +2.42023 Q4 · Prepared remarks: +6.22024 Q1 · Prepared remarks: +3.82024 Q2 · Prepared remarks: +9.32024 Q3 · Prepared remarks: +4.22024 Q4 · Prepared remarks: +14.82025 Q1 · Prepared remarks: +21.42007 Q2 · Q&A responses: +2.02007 Q3 · Q&A responses: -1.32007 Q4 · Q&A responses: -0.62008 Q1 · Q&A responses: +6.12008 Q2 · Q&A responses: -1.22008 Q3 · Q&A responses: -5.02008 Q4 · Q&A responses: -0.32009 Q2 · Q&A responses: +5.32009 Q3 · Q&A responses: -6.62009 Q4 · Q&A responses: +3.22010 Q1 · Q&A responses: -4.42010 Q3 · Q&A responses: +1.42010 Q4 · Q&A responses: -1.32011 Q1 · Q&A responses: +1.12011 Q2 · Q&A responses: +5.32011 Q3 · Q&A responses: +4.42011 Q4 · Q&A responses: -5.82012 Q1 · Q&A responses: -3.42012 Q2 · Q&A responses: -1.12012 Q3 · Q&A responses: +4.72012 Q4 · Q&A responses: -0.42013 Q1 · Q&A responses: +0.52013 Q2 · Q&A responses: +2.82013 Q3 · Q&A responses: +8.22013 Q4 · Q&A responses: +7.42014 Q1 · Q&A responses: +8.12014 Q2 · Q&A responses: +7.32014 Q3 · Q&A responses: +8.82014 Q4 · Q&A responses: +5.72015 Q1 · Q&A responses: +8.52015 Q2 · Q&A responses: +10.32015 Q3 · Q&A responses: +2.82015 Q4 · Q&A responses: +5.42016 Q1 · Q&A responses: +7.22016 Q2 · Q&A responses: +11.72016 Q3 · Q&A responses: +6.52016 Q4 · Q&A responses: +9.52017 Q1 · Q&A responses: +6.02017 Q2 · Q&A responses: +8.42017 Q3 · Q&A responses: +6.92017 Q4 · Q&A responses: +5.82018 Q1 · Q&A responses: +14.72018 Q2 · Q&A responses: +15.02018 Q3 · Q&A responses: +12.52018 Q4 · Q&A responses: +4.92019 Q1 · Q&A responses: +7.92019 Q2 · Q&A responses: +7.72019 Q3 · Q&A responses: +9.52019 Q4 · Q&A responses: +2.22020 Q1 · Q&A responses: -0.52020 Q2 · Q&A responses: +9.52020 Q3 · Q&A responses: +8.52020 Q4 · Q&A responses: +6.92021 Q1 · Q&A responses: +8.22021 Q2 · Q&A responses: +6.02021 Q3 · Q&A responses: +9.12021 Q4 · Q&A responses: +4.32022 Q1 · Q&A responses: +5.72022 Q2 · Q&A responses: +5.02022 Q3 · Q&A responses: +5.92022 Q4 · Q&A responses: +7.12023 Q1 · Q&A responses: +9.12023 Q2 · Q&A responses: +11.82023 Q3 · Q&A responses: +5.52023 Q4 · Q&A responses: +7.52024 Q1 · Q&A responses: +12.12024 Q2 · Q&A responses: +6.02024 Q3 · Q&A responses: +4.62024 Q4 · Q&A responses: +9.22025 Q1 · Q&A responses: +4.2
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-2.76$4.32$11.412007 Q22009 Q32012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: $6.822014 Q2: $6.962014 Q3: $6.802014 Q4: $2.702015 Q1: $-0.712015 Q2: $0.042015 Q3: $0.042015 Q4: $-0.062016 Q1: $-1.732016 Q2: $0.012016 Q3: $0.812016 Q4: $1.332017 Q1: $1.472017 Q2: $1.242017 Q3: $0.352017 Q4: $0.582018 Q1: $1.532018 Q2: $1.942018 Q3: $1.842018 Q4: $1.462019 Q1: $0.922019 Q2: $1.262019 Q3: $0.522019 Q4: $-0.022020 Q1: $-0.972020 Q2: $-1.782020 Q3: $-0.402020 Q4: $0.262021 Q1: $1.392021 Q2: $2.152021 Q3: $3.122021 Q4: $4.942022 Q1: $7.142022 Q2: $9.942022 Q3: $10.432022 Q4: $9.532023 Q1: $6.772023 Q2: $5.472023 Q3: $5.462023 Q4: $5.932024 Q1: $4.022024 Q2: $4.672024 Q3: $3.96

Forward P/E

-431.932728.575889.072007 Q22009 Q32012 Q12014 Q22016 Q32018 Q42021 Q12023 Q22014 Q1: 11.632014 Q2: 14.322014 Q3: 14.332014 Q4: 22.302015 Q1: 41.202015 Q2: 1281.552015 Q3: 956.442015 Q4: 332.152016 Q2: 5453.142016 Q3: 69.632016 Q4: 49.432017 Q1: 34.802017 Q2: 38.482017 Q3: 121.842017 Q4: 68.622018 Q1: 23.222018 Q2: 22.332018 Q3: 25.432018 Q4: 19.692019 Q1: 37.512019 Q2: 22.712019 Q3: 49.142019 Q4: 93.262020 Q1: 776.452020 Q4: 60.772021 Q1: 15.102021 Q2: 10.472021 Q3: 6.602021 Q4: 5.082022 Q1: 5.162022 Q2: 4.592022 Q3: 4.002022 Q4: 4.732023 Q1: 4.742023 Q2: 6.152023 Q3: 7.702023 Q4: 5.882024 Q1: 8.102024 Q2: 6.002024 Q3: 6.35

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q1 tone ↑ +4.8 fwd EPS ↓ -3.42 Tone rose while the forward EPS estimate was cut.
  • 2016 Q1 tone ↑ +3.1 fwd EPS ↓ -1.67 Tone rose while the forward EPS estimate was cut.
  • 2016 Q3 tone ↓ -8.2 fwd EPS ↑ +0.80 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +6.6 fwd EPS ↓ -0.82 Tone rose while the forward EPS estimate was cut.
  • 2022 Q1 tone ↓ -2.3 fwd EPS ↑ +2.20 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↑ +5.1 fwd EPS ↓ -0.90 Tone rose while the forward EPS estimate was cut.
  • 2023 Q2 tone ↑ +3.6 fwd EPS ↓ -1.29 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-08+9.1——View →
2024 Q42025-02-27+7.0——View →
2024 Q32024-11-07+2.6$3.966.3View →
2024 Q22024-08-01+5.1$4.676.0View →
2024 Q12024-05-02+3.4$4.028.1View →
2023 Q42024-02-22+4.1$5.935.9View →
2023 Q32023-11-02-0.2$5.467.7View →
2023 Q22023-08-03+8.4$5.476.2View →