Should I buy Apa Group stock in 2025?

P. Laurore
P. Laurore Last updated: 3 May 2025

Verified Information

Apa Group
4.1
hellosafe-logoScore

Is Apa Group stock a buy right now?

As of early May 2025, APA Group (ASX: APA) shares trade around AU$8.23, supported by a robust average daily trading volume of 4.45 million shares—a testament to ongoing investor engagement. Recent months have seen APA Group complete the high-profile Port Hedland Solar and Battery Project, an important milestone that accelerates its transition from traditional gas infrastructure towards a more diversified low-carbon energy portfolio. Simultaneously, expansion of the East Coast Gas Grid and new pipeline agreements are cementing APA’s status as a critical energy provider for Australia’s grid reliability and energy security. With half-year 2025 results showing strong revenue (up 6.9%) and EBITDA (up 9.1%) growth, market sentiment remains constructive; investors appear to value APA's operational excellence and stable dividend yield (6.87%), even amid regulatory and cost headwinds. In the context of Australia’s evolving energy sector—where firming capacity and renewables imperatives are reshaping infrastructure—APA stands out for its scale, predictable cash flows, and demonstrated ability to execute on growth projects. The consensus of more than 29 national and international banks places the target price at AU$10.70, signalling sustained confidence in APA Group’s core fundamentals and forward strategic focus. For those seeking resilient, inflation-linked income and progressive sector exposure, APA Group merits thoughtful consideration.

  • Dominant gas transmission provider: delivers about 50% of Australia’s domestic natural gas.
  • Consistent revenue and EBITDA growth: 1H25 revenues up 6.9%, underlying EBITDA up 9.1%.
  • Attractive dividend yield: 6.87% at current price, supported by inflation-linked tariffs.
  • Robust organic growth pipeline: AU$1.8 billion planned capital expenditure through FY27.
  • Successful diversification: Recent renewable energy project completions bolster long-term prospects.
  • Elevated payout ratio: dividend not fully covered by current earnings or free cash flow.
  • High debt levels: gearing restricts flexibility yet remains manageable under current credit ratings.
Table of Contents
  • What is Apa Group?
  • How much is Apa Group stock?
  • Our full analysis on Apa Group </b>stock
  • How to buy Apa Group stock in Australia?
  • Our 7 tips for buying Apa Group stock
  • The latest news about Apa Group
  • FAQ
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Why trust HelloSafe?

At HelloSafe, our specialist has been monitoring the performance of APA Group for more than three years. Each month, hundreds of thousands of Australians rely on us to interpret market trends and highlight the most promising investment opportunities. Our insights are provided purely for informational purposes and should not be considered investment advice. In line with our ethical charter, we have never received, and will never accept, any payment from APA Group.

What is Apa Group?

IndicatorValueAnalysis
🏳️ NationalityAustraliaAPA Group is an Australian company, focused on local gas and energy infrastructure.
💼 MarketASX (Australian Securities Exchange)APA is listed on the ASX, providing transparency and access to Australian investors.
🏛️ ISIN codeAU000000APA1This ISIN uniquely identifies APA securities on global financial markets.
👤 CEOAdam WatsonAdam Watson, CEO since 2022, oversees execution of APA’s growth and transition strategy.
🏢 Market capAU$10.74 billionA large cap firm, APA offers scale and stability in the Australian utilities sector.
📈 RevenueAU$1.62 billion (1H25)Revenues rose 6.9% year-on-year, supported by tariff escalation and completed projects.
💹 EBITDAAU$1.01 billion (1H25)Underlying EBITDA grew 9.1%, reflecting expanding assets and strong cost control.
📊 P/E Ratio (Price/Earnings)Forward 42.2 (negative TTM)High ratio suggests future earnings are priced in; recent earnings were negative.
Key indicators and financial metrics for APA Group.
🏳️ Nationality
Value
Australia
Analysis
APA Group is an Australian company, focused on local gas and energy infrastructure.
💼 Market
Value
ASX (Australian Securities Exchange)
Analysis
APA is listed on the ASX, providing transparency and access to Australian investors.
🏛️ ISIN code
Value
AU000000APA1
Analysis
This ISIN uniquely identifies APA securities on global financial markets.
👤 CEO
Value
Adam Watson
Analysis
Adam Watson, CEO since 2022, oversees execution of APA’s growth and transition strategy.
🏢 Market cap
Value
AU$10.74 billion
Analysis
A large cap firm, APA offers scale and stability in the Australian utilities sector.
📈 Revenue
Value
AU$1.62 billion (1H25)
Analysis
Revenues rose 6.9% year-on-year, supported by tariff escalation and completed projects.
💹 EBITDA
Value
AU$1.01 billion (1H25)
Analysis
Underlying EBITDA grew 9.1%, reflecting expanding assets and strong cost control.
📊 P/E Ratio (Price/Earnings)
Value
Forward 42.2 (negative TTM)
Analysis
High ratio suggests future earnings are priced in; recent earnings were negative.
Key indicators and financial metrics for APA Group.

How much is Apa Group stock?

The price of Apa Group stock is rising this week. As of today, APA trades at AU$8.23, up 0.86% over the last 24 hours and unchanged for the week, with a market capitalisation of AU$10.74 billion. The average daily volume over the past three months sits at 4.45 million shares.

MetricValue
Trailing P/E ratioNot meaningful (negative earnings)
Forward P/E ratio42.19
Dividend yield6.87%
Beta0.25 (low volatility)
Key valuation and risk metrics for APA Group.
Trailing P/E ratio
Value
Not meaningful (negative earnings)
Forward P/E ratio
Value
42.19
Dividend yield
Value
6.87%
Beta
Value
0.25 (low volatility)
Key valuation and risk metrics for APA Group.

These factors highlight APA Group’s appeal for income seekers looking for steady returns within Australia’s energy infrastructure sector.

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Our full analysis on Apa Group stock

After a comprehensive review of APA Group’s latest financials, in-depth analysis of its stock performance over the past three years, and benchmarking against key technical signals, financial ratios, and sector peers, it is clear that the market is re-evaluating APA’s strategic importance. With major infrastructure projects underway and continued growth in renewables, investors are questioning whether APA Group will once again emerge as a prime entry point in Australia’s infrastructure and energy landscape in 2025.

Recent Performance and Market Context

APA Group (ASX: APA) has performed strongly over the past six months, with its share price up 21.03% since late 2024 and recording a year-to-date gain of 18.08% as of May 2025. Despite posting a marginally negative return of -0.48% over the prior full year, signs point to renewed investor interest, as evidenced by a recent intraday uptick of +0.86%. The 52-week price range of AU$6.49–AU$8.90 highlights APA’s resilience and a narrowing of volatility in recent quarters.

The sector backdrop remains supportive. As Australia accelerates its energy transition and invests in regulated gas, renewables, and grid infrastructure, APA’s position as a diversified energy infrastructure operator provides stable, recurring revenues. Australia’s 2025 macro environment—marked by moderate inflation, fresh grid investment, and policy support for energy security—creates favorable conditions for APA. Key completed projects, including the Port Hedland Solar and Battery facility and East Coast Gas Grid expansions, are bolstering operational growth.

Technical Analysis

From a technical perspective, APA Group is showing constructive momentum. The Relative Strength Index (RSI) stands at 47.8—a neutral reading. Though the MACD is slightly negative (-0.018), a mild sell signal, this is counteracted by positive signals in the 5-day, 100-day, and 200-day simple moving averages, all supporting a buy outlook.

Support LevelsResistance Levels
AU$8.196AU$8.266
AU$8.158AU$8.298
AU$8.126AU$8.336
Key short-term support and resistance levels for APA Group (as of May 2025)
AU$8.196
Resistance Levels
AU$8.266
AU$8.158
Resistance Levels
AU$8.298
AU$8.126
Resistance Levels
AU$8.336
Key short-term support and resistance levels for APA Group (as of May 2025)

Support at AU$8.196, AU$8.158, and AU$8.126 has held reliably, while resistance is close by (AU$8.266, AU$8.298, AU$8.336), forming manageable risk/reward zones for short-term traders. The convergence of upward-sloping long-term moving averages with only minor corrections points to a potential new bullish phase, attractive for both traders and long-term investors.

Fundamental Analysis

MetricFY25 Value
Revenue Growth (H1)6.9% (AU$1.62bn)
Underlying EBITDA Growth9.1% (AU$1.01bn)
Free Cash FlowAU$552m (+3.6%)
Dividend Yield6.87%
Payout RatioHigh
Forward P/E42.2
Price/Sales (P/S)3.39
EV/EBITDA14.0
Selected APA Group financial and valuation metrics (FY25, latest reported)
Revenue Growth (H1)
FY25 Value
6.9% (AU$1.62bn)
Underlying EBITDA Growth
FY25 Value
9.1% (AU$1.01bn)
Free Cash Flow
FY25 Value
AU$552m (+3.6%)
Dividend Yield
FY25 Value
6.87%
Payout Ratio
FY25 Value
High
Forward P/E
FY25 Value
42.2
Price/Sales (P/S)
FY25 Value
3.39
EV/EBITDA
FY25 Value
14.0
Selected APA Group financial and valuation metrics (FY25, latest reported)

APA Group’s robust first-half results show growing revenues and EBITDA, with improving free cash flow underpinning both expansion and dividends. Although profit after tax was impacted by significant items, core operating metrics remain healthy. The dividend yield is eye-catching at 6.87%, reflecting confidence in recurring cash flows, though payout ratios are elevated. A forward P/E of 42.2 is justified by global demand for regulated assets and energy transition exposure.

APA’s premium is further warranted by its AU$27bn asset base and dominant position in domestic gas transportation, controlling over half of the market. Blending traditional pipeline expertise with expansion into renewables forms a high structural barrier to competitive entry.

Volume and Liquidity

APA enjoys substantial liquidity, with a three-month average daily volume of 4.45 million shares—making it one of the ASX’s most heavily traded utilities. High trading volumes and available free float enable strong price discovery and ease of entry or exit for both institutional and retail investors, supporting further upward re-ratings.

Catalysts and Positive Outlook

  • Renewable Expansion: Completion of the Port Hedland Solar and Battery Project in 2024 broadens APA’s renewable portfolio and boosts diversification.
  • Major Gas Infrastructure Rollout: The Kurri Kurri Lateral Pipeline and East Coast Gas Grid buildout anchor APA’s leadership in domestic gas transport.
  • Favourable Regulatory Tailwinds: Priority status for infrastructure projects, especially in Western Australia’s Pilbara, accelerates approvals and potential returns.
  • Organic Growth Pipeline: AU$1.8bn in capex planned for FY25–FY27 will drive future grid modernization and renewables expansion.
  • Operational Efficiencies: Cost optimization and firm investment-grade credit ratings (S&P: BBB; Moody’s: Baa2) enhance margins and financial flexibility.
  • Firm Distribution Guidance: Management targets a 57c/share distribution in FY25 (up 1.8% vs FY24), reinforcing dividend reliability.

Amid rising Australian energy demand, persistent grid congestion, and higher spot gas prices, APA’s investments in transmission and storage infrastructure are supported by strong sector fundamentals. The company’s proactive ESG strategy and carbon transition investments provide insulation from policy risks and set it apart from competitors.

Investment Strategies

  • Short-Term Traders: With the stock trading above AU$8.20, and support at AU$8.13–8.20 and upside resistance at AU$8.30+, APA offers attractive risk/reward in a technically strong structure.
  • Medium-Term Investors: Upcoming catalysts—including post-integration gains from Port Hedland Solar/Battery and gas network expansions—favor a 6–9 month holding period for both capital appreciation and dividends.
  • Long-Term Holders: Regulated assets, recurring cash flows, and a sustained AU$1.8bn capex plan underpin robust compounding returns. High, reliable dividend yield remains a differentiator, though high payout ratios require some caution.

The convergence of improving fundamentals and technical support may place APA at or near a technical low or major operating catalyst—historically fertile ground for upward moves in quality infrastructure equities.

Is It the Right Time to Buy APA Group?

  • Renewed revenue and EBITDA growth powered by regulated assets and successful integration of renewables.
  • Clear capital expenditure roadmap supporting medium-term expansion.
  • Attractive, recurring income from a strong and growing dividend stream.
  • High liquidity, robust institutional interest, and a favorable technical backdrop.
  • Strategic regulatory positioning and “priority” project status at state and federal levels.

While there are risks around the high payout and debt ratios, APA Group’s business model, growth plans, and favorable industry tailwinds support renewed investor attention. The technical setup, management’s FY25 guidance, and execution of major projects all suggest APA shares are at the beginning of a positive new cycle for both returns and income.

In summary, APA Group offers investors both resilience and growth—a strategic opportunity that blends the stability of regulated revenues with the upside of the clean energy transition. Persistent market momentum, strong underlying fundamentals, and visible forward catalysts support a constructive outlook for 2025 and beyond, making this a potentially timely moment for investors to reconsider APA Group’s unique value within a diversified portfolio.

How to buy Apa Group stock in Australia?

Buying APA Group (ASX: APA) shares online is straightforward and secure for Australian investors, thanks to the range of regulated brokers now available. You can choose to buy APA Group shares directly (spot buying) and become a shareholder, or trade contracts for difference (CFDs) to speculate on price movements without owning the shares. Each method has its own advantages and risks. Not sure which is right for you? A broker comparison table is provided further down the page to help you decide.

Cash Buying

A cash purchase means you buy APA Group shares outright through your broker, becoming a registered shareholder. You’ll own the stock directly, receive dividends, and benefit from any price appreciation. Most Australian brokers charge a fixed commission per order—typically around AU$5 to AU$10, depending on the platform and order size.

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Important Information

Example: If the APA Group share price is AU$8.23, your $1,000 could buy you approximately 121 shares (AU$1,000 – AU$5 fee = AU$995 / AU$8.23 ≈ 121 shares).
✔️ Gain scenario: If the APA stock price rises by 10%, your 121 shares are now worth about AU$1,100.
Result: That’s a gross gain of +AU$100, or +10% on your investment (excluding taxes or subsequent fees).

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on APA Group share price moves without owning the underlying stock. With CFDs, you can use leverage, meaning you commit a smaller amount of capital for higher market exposure. Fees include the spread (difference between buy and sell price) and potentially overnight financing if holding positions beyond one day.

icon

Important Information

Example: You open a CFD position on APA Group with AU$1,000 and select 5x leverage, giving you AU$5,000 exposure.
✔️ Gain scenario: If APA Group rises by 8%, your position gains 8% × 5 = 40%.
Result: That’s a +AU$400 gain on your AU$1,000 margin (before fees like spreads or overnight charges).

Final Advice

Before investing, always compare brokers’ fees, platforms and trading conditions. Some focus on low-cost share trading, while others offer advanced CFD features with different fee structures. The right choice depends on your goals—whether you want to build wealth gradually as a shareholder, or actively trade price swings. For a tailored broker comparison, check the table further down the page. Investing in APA Group is accessible and can fit a wide range of strategies.

Application
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#1
CFD Specialist
#1Recommended Offer
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4.9
5 things to know about Avatrade

Is AvaTrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose AvaTrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at AvaTrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.

Who is AvaTrade for?

AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.

Is AvaTrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose AvaTrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at AvaTrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.

Who is AvaTrade for?

AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.

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Is IG reliable?

IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.

Why choose IG?

IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.

What are the fees at IG?

IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.

Who is IG for?

IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.

Is IG reliable?

IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.

Why choose IG?

IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.

What are the fees at IG?

IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.

Who is IG for?

IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.

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5 Things to Know About eToro

Is eToro reliable?

Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.

Why choose eToro?

With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.

What are the fees at eToro?

eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).

Who is eToro for?

eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).

Is eToro reliable?

Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.

Why choose eToro?

With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.

What are the fees at eToro?

eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).

Who is eToro for?

eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).

Our 7 tips for buying Apa Group stock

📊 Step📝 Specific tip for Apa Group
Analyze the marketReview how Australian energy policies and gas demand trends impact APA Group, and assess sector stability compared to other ASX-listed utilities.
Choose the right trading platformUse a reputable Australian broker with access to the ASX, competitive brokerage fees, and efficient trading tools suited for APA Group shares.
Define your investment budgetConsider APA Group’s strong dividend yield but also note its high payout ratio and debt level; only invest an amount that fits your income and risk profile.
Choose a strategy (short or long term)APA Group is best suited for long-term investors seeking stable income, thanks to its reliable distributions and strategic infrastructure growth plans.
Monitor news and financial resultsRoutinely check APA’s half-year and annual reports for updates on projects and dividends, and follow energy sector developments that could affect its outlook.
Use risk management toolsSet realistic stop-loss orders to protect against volatility, and spread your investment across multiple defensive ASX stocks for greater diversification.
Sell at the right timeConsider partially selling when APA’s share price is near consensus targets, after major project completions, or if dividend sustainability or sector outlook weakens.
Action steps with specific APA Group investment tips.
Analyze the market
📝 Specific tip for Apa Group
Review how Australian energy policies and gas demand trends impact APA Group, and assess sector stability compared to other ASX-listed utilities.
Choose the right trading platform
📝 Specific tip for Apa Group
Use a reputable Australian broker with access to the ASX, competitive brokerage fees, and efficient trading tools suited for APA Group shares.
Define your investment budget
📝 Specific tip for Apa Group
Consider APA Group’s strong dividend yield but also note its high payout ratio and debt level; only invest an amount that fits your income and risk profile.
Choose a strategy (short or long term)
📝 Specific tip for Apa Group
APA Group is best suited for long-term investors seeking stable income, thanks to its reliable distributions and strategic infrastructure growth plans.
Monitor news and financial results
📝 Specific tip for Apa Group
Routinely check APA’s half-year and annual reports for updates on projects and dividends, and follow energy sector developments that could affect its outlook.
Use risk management tools
📝 Specific tip for Apa Group
Set realistic stop-loss orders to protect against volatility, and spread your investment across multiple defensive ASX stocks for greater diversification.
Sell at the right time
📝 Specific tip for Apa Group
Consider partially selling when APA’s share price is near consensus targets, after major project completions, or if dividend sustainability or sector outlook weakens.
Action steps with specific APA Group investment tips.

The latest news about Apa Group

APA Group's interim results show robust revenue and EBITDA growth, driven by renewable integration and network expansion. For the half-year ended December 31, 2024, APA Group reported total revenue of AU$1.62 billion, representing a 6.9% increase versus the prior comparable period, and underlying EBITDA of AU$1.01 billion, up 9.1%. This strong financial performance was underpinned by continued network expansions, including the integration of the Pilbara energy system—now delivering AU$66 million in six-month earnings—inflation-linked tariff escalations, and positive contributions from both renewable energy and gas transmission projects. These results highlight APA's resilience in the evolving Australian energy landscape and reinforce its capability to capture growth opportunities from the ongoing energy transition.

The Port Hedland Solar and Battery Project reached completion, marking a major milestone in APA's renewable energy strategy. Completed construction of the Port Hedland Solar and Battery Project in December 2024 has significantly enhanced APA Group's renewable assets and diversification profile. This development directly supports the company's strategic trajectory toward a lower-emission energy mix in Australia, aligns with national decarbonization goals, and bolsters APA's competitive positioning in integrating utility-scale renewable projects. The project enables APA to further reduce the carbon intensity of its energy offerings while strengthening relationships with key industrial customers in Western Australia.

APA Group has secured Priority Project Status for two vital transmission projects in Western Australia's Pilbara, accelerating grid modernization initiatives. The Western Australian Government recently granted APA two Priority Project Status recognitions, facilitating electricity transmission projects essential for the Pilbara region's grid transformation. This regulatory endorsement underscores confidence in APA's capability to deliver critical infrastructure and is expected to expedite planning and development processes. These projects are strategically important given the growing energy demand and industrial activity in the Pilbara, positioning APA as a leader in facilitating reliable, large-scale grid integration for the state's resource and energy sector.

APA's three-year organic growth pipeline now totals AU$1.8 billion, supporting future earnings and infrastructure leadership. APA has outlined a substantial AU$1.8 billion capital expenditure plan for the FY25–FY27 period, targeting both gas transmission and renewable energy expansion. This forward pipeline is set to deliver ongoing organic earnings growth while ensuring the company remains at the forefront of Australia's energy infrastructure evolution. The plan also demonstrates APA's commitment to both decarbonization and energy security by balancing investment in renewables and traditional assets, an approach expected to appeal to both institutional investors and local stakeholders.

APA's FY25 distribution and earnings guidance remains positive, supported by strong analyst consensus and robust technical indicators. The Group has reaffirmed FY25 distribution guidance at 57.0 cents per security (a 1.8% increase over FY24) and underlying EBITDA guidance of AU$1.96–2.02 billion. Analyst consensus reflects a 'Buy' rating with an average price target of AU$8.27 and no 'Sell' recommendations. Technically, APA enjoys a strong buy status, with multiple moving averages signaling upward momentum and a market beta of just 0.25, indicating defensive qualities for investors seeking stable, income-oriented exposure to Australia's energy infrastructure sector.

FAQ

What is the latest dividend for Apa Group stock?

Apa Group currently pays a semi-annual dividend, with the most recent interim distribution set at 27.0 cents per security. The next payment date is March 17, 2025, and this distribution is partially franked at 10%. Over the trailing twelve months, the total dividend amounts to AU$0.565 per security, yielding approximately 6.87% at current prices. Notably, APA Group has a track record of steady or rising dividends, reflecting its long-term cash flow stability in the regulated utilities sector.

What is the forecast for Apa Group stock in 2025, 2026, and 2027?

Based on current pricing, Apa Group shares are projected at AU$10.70 by the end of 2025, AU$12.35 at the end of 2026, and AU$16.46 at the end of 2027. The company stands out for its essential infrastructure assets and AU$1.8 billion growth pipeline through FY27, which supports an optimistic medium-term outlook. Strong sector momentum in Australian energy infrastructure and continued investment in renewable and transmission assets may further underpin future performance.

Should I sell my Apa Group shares?

Holding onto Apa Group shares appears reasonable for investors seeking income and long-term infrastructure exposure. The stock’s stable valuation, history of reliable dividend payments, and strategic position in Australia’s energy sector highlight its resilience. APA’s large regulated asset base and capital spending plan are foundations for mid- to long-term growth, even while payout ratios remain elevated. Maintaining your position may suit those focused on steady cash flow and sector fundamentals.

How are Apa Group dividends taxed for Australian investors?

Apa Group dividends are subject to Australian income tax, with part of each distribution potentially franked (the last interim dividend was 10% franked). Franked portions include a franking credit that can offset your tax liability, while the unfranked component is fully taxable. Additionally, APA Group’s distributions include both trust and company income, so investors should consult their annual tax statement for precise classification. No withholding tax applies for local shareholders, but taxation will depend on your marginal rate.

What is the latest dividend for Apa Group stock?

Apa Group currently pays a semi-annual dividend, with the most recent interim distribution set at 27.0 cents per security. The next payment date is March 17, 2025, and this distribution is partially franked at 10%. Over the trailing twelve months, the total dividend amounts to AU$0.565 per security, yielding approximately 6.87% at current prices. Notably, APA Group has a track record of steady or rising dividends, reflecting its long-term cash flow stability in the regulated utilities sector.

What is the forecast for Apa Group stock in 2025, 2026, and 2027?

Based on current pricing, Apa Group shares are projected at AU$10.70 by the end of 2025, AU$12.35 at the end of 2026, and AU$16.46 at the end of 2027. The company stands out for its essential infrastructure assets and AU$1.8 billion growth pipeline through FY27, which supports an optimistic medium-term outlook. Strong sector momentum in Australian energy infrastructure and continued investment in renewable and transmission assets may further underpin future performance.

Should I sell my Apa Group shares?

Holding onto Apa Group shares appears reasonable for investors seeking income and long-term infrastructure exposure. The stock’s stable valuation, history of reliable dividend payments, and strategic position in Australia’s energy sector highlight its resilience. APA’s large regulated asset base and capital spending plan are foundations for mid- to long-term growth, even while payout ratios remain elevated. Maintaining your position may suit those focused on steady cash flow and sector fundamentals.

How are Apa Group dividends taxed for Australian investors?

Apa Group dividends are subject to Australian income tax, with part of each distribution potentially franked (the last interim dividend was 10% franked). Franked portions include a franking credit that can offset your tax liability, while the unfranked component is fully taxable. Additionally, APA Group’s distributions include both trust and company income, so investors should consult their annual tax statement for precise classification. No withholding tax applies for local shareholders, but taxation will depend on your marginal rate.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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