APA stock price traded at $31.50 in the latest session, with momentum fueled by geopolitical supply concerns in the Middle East. Traders remain focused on APA’s hedging strategy, which has historically reduced earnings volatility. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential. APA stock price advanced to $31.85 after bullish sector commentary from leading analysts. Econometric models based on historical oil-price correlations suggest APA could see a 5% upside in the next quarter.