The company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01), Zacks reports. APA Stock PerformanceAPA stock traded down $1.14 during midday trading on Wednesday, reaching $34.66. Get APA alerts:APA Dividend AnnouncementThe firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Zacks Research downgraded shares of APA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. APA Company Profile(Get Free Report)APA Corporation (NASDAQ: APA) is an independent exploration and production company engaged in the acquisition, development and production of oil and natural gas resources.