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Why have markets shunned APA Group?

Why have markets shunned APA Group?

Ask the analyst is your chance to ask questions about the ASX companies and industries that our analysts cover. Please email your question to [email protected] and I will submit it to the analyst responsible. It may appear in a future edition of this series.

Today’s question

Today’s question comes from Jamie, a self-directed investor and Morningstar reader based in Queensland. Jamie wanted some insight on why APA Group (ASX: APA) has performed so poorly since 2022 and what might affect the company’s business going forward.

I put this question – and a few of my own – to Adrian Atkins, Morningstar’s APA Group analyst. We’ll hear from Adrian in a moment. But first, some context on APA and how it makes money.

How does APA Group make…

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