APA Group
APA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|W^ | LOCK|^BpVB | LOCK|yy%%gR |
APA Earnings: Strong Operating Result Weighed Down by Higher Tax and Interest Costs
APA's fiscal 2026 underlying EBITDA increased 8% to AUD 2.2 billion on inflation-linked tariffs, developments, and cost-saving initiatives. But free cash flow per security and DPS increased just 2% because of higher tax and interest expense. Guidance is for another 2% growth in DPS this year.
