20 Stocks Insiders Bought in April After Trump’s Tariff Rollout

14. APA Corporation (NASDAQ:APA)

APA Corporation is an independent energy company that explores, develops, and produces natural gas, oil, and natural gas liquids. The Houston, Texas-based company operates in the U.S., Egypt, and the North Sea, with additional activities in Suriname, Uruguay, and other international regions. It is also one of the 7 best cheap energy stocks to invest in now.

This month, one insider acquired $1.27 million worth of APA shares at an average price of $18.25 per share. Currently, the stock trades at $14.43 having dropped 37.51% year-to-date and 58.82% over the past 12 months.

In a recent development, APA and its partners, Lagniappe Alaska and Santos Limited, announced successful results from the Sockeye-2 exploratory well, which encountered a high-quality oil reservoir with 25 feet of net oil pay. The well confirmed the accuracy of geologic models and opened the potential for additional prospects in the area. Further data collection, including core and flow testing, is underway, with additional updates to follow.

According to StockAnalysis, 19 analysts rate APA stock as a “Hold” with a stock price target of $27.78. The average price target suggests a potential upside of 92.18% from the latest price.