APA Group

APA: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$2.30	Mygzsv	Vjs

APA Proves Resilient in Challenging Operating Conditions; FVE Maintained

Adrian Atkins

Feb 23, 2021

We maintain our AUD 9.50 fair value estimate for narrow-moat APA Group following the release of first-half fiscal 2021 results. The stock currently trades 5% below fair value and offers a solid 5.7% partly franked yield.

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