A director at APA Group bought 15,000 shares at 7.380AUD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...
APA GROUP (AU), a company active in the Pipelines industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date December 31, 2021, the closing price was AUD 10.0...
Rating Action: Moody's changes Apache's outlook to stable; Ba1 ratings affirmed. Global Credit Research- 26 Aug 2021. New York, August 26, 2021-- Moody's Investors Service changed Apache Corporation's rating outlook to stable from negative.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Apache Corporation. Global Credit Research- 12 Aug 2021. New York, August 12, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Apache Corporation and other ratings that are associated with the same analytical unit.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Rating Action: Moody's affirms Apache's Ba1 ratings; outlook remains negative. Global Credit Research- 21 Apr 2021. New York, April 21, 2021-- Moody's Investors Service, affirmed Apache Corporation's Ba1 Corporate Family Rating, Ba1-PD Probability of Default Rating and Ba1 senior unsecured notes rating.
We’ve moderately upgraded narrow-moat APA Group’s medium-term earnings forecasts after discussions with management. Of most interest was the lack of effectiveness of adverse gas market rule changes. As a result, we increased our fair value estimate 6% to AUD 9 per security. Nonetheless, our valuation can’t get anywhere near the current share price of AUD 11.30 without factoring in record low interest rates permanently. As we believe interest rates will rise over the medium term, we conside...
We’ve moderately upgraded narrow-moat APA Group’s medium-term earnings forecasts after discussions with management. Of most interest was the lack of effectiveness of adverse gas market rule changes. As a result, we increased our fair value estimate 6% to AUD 9 per security. Nonetheless, our valuation can’t get anywhere near the current share price of AUD 11.30 without factoring in record low interest rates permanently. As we believe interest rates will rise over the medium term, we conside...
We’ve moderately upgraded narrow-moat APA Group’s medium-term earnings forecasts after discussions with management. Of most interest was the lack of effectiveness of adverse gas market rule changes. As a result, we increased our fair value estimate 6% to AUD 9 per security. Nonetheless, our valuation can’t get anywhere near the current share price of AUD 11.30 without factoring in record low interest rates permanently. As we believe interest rates will rise over the medium term, we conside...
Narrow-moat-rated APA Group’s first-half fiscal 2019 EBITDA increased 4.3% to AUD 788 million, with growth coming roughly 50:50 from new assets and tariff increases. Management expects full-year EBITDA to be towards the top of guidance of AUD 1,550 to AUD 1,575 million, broadly in line with our prior expectations. This represents a slowing of growth to around 3.5% for the full year. We make minor changes to our earnings forecasts and upgrade our fair value estimate 2% to AUD 8.50 per security....
Narrow-moat-rated APA Group’s first-half fiscal 2019 EBITDA increased 4.3% to AUD 788 million, with growth coming roughly 50:50 from new assets and tariff increases. Management expects full-year EBITDA to be towards the top of guidance of AUD 1,550 to AUD 1,575 million, broadly in line with our prior expectations. This represents a slowing of growth to around 3.5% for the full year. We make minor changes to our earnings forecasts and upgrade our fair value estimate 2% to AUD 8.50 per security....
Narrow-moat-rated APA Group’s first-half fiscal 2019 EBITDA increased 4.3% to AUD 788 million, with growth coming roughly 50:50 from new assets and tariff increases. Management expects full-year EBITDA to be towards the top of guidance of AUD 1,550 to AUD 1,575 million, broadly in line with our prior expectations. This represents a slowing of growth to around 3.5% for the full year. We make minor changes to our earnings forecasts and upgrade our fair value estimate 2% to AUD 8.50 per security....
APA Group is a good-quality infrastructure stock with astute internal management. It owns an unparalleled network of gas transmission and distribution infrastructure assets across Australia. As it faces less regulation than most of its peers, it achieves higher returns, particularly from organic expansion that increases use of the existing network. Unfortunately, industry reform threatens. Australian household and business utility bills are rising strongly from already high levels, and governmen...
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