rocked

Investors were energetically bullish about energy stock APA (APA 7.52%) on Wednesday. They were cheered by the company’s latest dividend declaration, not to mention an analyst’s price-target raise. These factors pushed APA stock well higher; it closed the day well in the black with a 7.5% improvement. That was several orders of magnitude higher than the S&P 500 index’s 0.3% advance.

A payout and a price-target raise

Just after market close on Tuesday, APA declared a new quarterly stockholder payout of $0.25 per share. This is to be dispensed on Nov. 21 to investors of record as of Oct. 22. This maintains one of the steadiest and most reliable dividend policies in the oil and gas industry. APA has paid the same $0.25 since early 2024; prior to that, it handed out $0.20. At the most recent closing stock price, this yields 4.3%.

Image source: Getty Images.

Separately, analyst John Freeman of Raymond James bumped his APA price target slightly higher to $0.28 per share from his preceding $0.26. He maintained his outperform (buy, in other words) recommendation as he did so.

Freeman’s move is based largely on APA’s second-quarter performance, according to reports. In the analyst’s opinion, the company demonstrated that its turnaround efforts are bearing fruit. He also waxed bullish about management’s increased guidance for cost savings this year (this was upsized from $130 million to $200 million), which should help boost the bottom line.

Second-quarter star

Investors were rightfully encouraged by APA’s results that quarter. Although it posted a top-line decrease on a year-over-year basis (largely attributable to lower prices), it managed to boost profitability. And the company convincingly beat the consensus analyst estimates for both headline metrics.

On the first day of spring training, at a Camelback Ranch facility adorned with ever-present reminders of the team’s 2024 World Series title, a Dodgers staff member took in the scene, then chuckled while reflecting on the club’s trek to a championship.

“Last year was not a fun year,” the staff member said. “At least, not until the end.”

Indeed, in the afterglow of the franchise’s first full-season title in more than three decades, the turbulent path getting there became easy to forget.

Last season’s Dodgers dealt with a wave of injuries to the pitching staff, inconsistencies in the lineup, and the club’s lowest full regular-season win total (98) in six years.

Fast-forward six months, and this year’s Dodgers find themselves in a similar place.

They are again navigating absences on the mound and in the bullpen over the last several weeks. Their offense has gone from leading the majors in scoring over the first half of the season, to suddenly sputtering over the last month and a half.

And after a 7-4 loss to the Angels on Monday, in the opener of a three-game Freeway Series at Angel Stadium, they are on pace for only 92 victories with a 68-51 record, clinging to what has dwindled to just a one-game lead in the National League West over the San Diego Padres.

Little fun. Lots of frustration.

Monday’s game was a lost cause from the start.

Despite getting an extra day of rest this week, after flipping places in the rotation with Tyler Glasnow for Sunday’s loss against the Toronto Blue Jays, Yoshinobu Yamamoto turned in one of his worst starts in the majors.

He gave up a home run to Zach Neto on his first pitch of the night, and another run later in the first inning after two walks (one of them on a missed third strike call from home plate umpire Dan Iassogna) and a Yoán Moncada single.

Then, in the fifth, his outing completely fell apart. Five of the first seven batters of the inning reached base (four singles and a hit by pitch). Four runs crossed the plate (including two on a Mike Trout single). And after Yamamoto walked his fifth batter with two outs, manager Dave Roberts was forced into an early hook, removing Yamamoto after 4⅔ innings and six runs (the most Yamamoto has yielded in his 41-game MLB career).

The Dodgers’ lineup didn’t do much better.

Over the first six innings, they failed to figure out Angels right-hander José Soriano and his upper-90s mph sinker, managing just two hits while striking out six times.

By the time they finally put a runner in scoring position in the seventh, the deficit had grown to 7-0 on Neto’s second home run of the night (this time off Alexis Diaz). And even then, they came up empty, with Alex Freeland grounding into an inning-ending double-play against former Dodgers reliever Luis García with the bases loaded.

Angels shortstop Zach Neto runs the bases after hitting a home run in the first inning Monday night.

(Jessie Alcheh / Associated Press)

Eighth-inning home runs from Shohei Ohtani (his 42nd of the season, and the 100th of his career at his old home stadium in Anaheim) and Max Muncy (a three-run drive inside the right-field foul pole) put the Dodgers on the board at long last.

But it was far too little, much too late — allowing the Angels (57-62) to improve to 4-0 against the Dodgers this season after sweeping a series at Chavez Ravine back in May.

When coupled with Sunday’s maddening loss to Toronto (a defeat that left Roberts outwardly perturbed in his postgame news conference), the last 48 hours have represented another backward step in a Dodgers’ campaign that is quickly growing full of them.

It has zapped whatever momentum was building after the team’s two series-opening victories against the AL East-leading Blue Jays last weekend. It has dropped the club to 12-19 since the Fourth of July, the fifth-worst record in the majors over that span. And, most consequentially, it has opened the door for the Padres (who have won three in a row and five out of six) to potentially take the division lead ahead of their visit to Dodger Stadium on Friday.

The only silver lining: The Dodgers overcame similar struggles last year, doing just enough down the stretch to win the division and march all the way to an unlikely championship.

But they were hoping to avoid such headaches this season, and mount a more enjoyable defense of their title.

With less than two months remaining in the season, that dream has come and gone.

The Dodgers can still win another World Series. But the road to this point has been anything but fun.

Marcus Semien went four for five and Corey Seager hit a two-run single in a seven-run third inning to help the Texas Rangers rout the Angels 11-4 on Thursday night for a split of their four-game series.

Patrick Corbin (6-7) allowed two runs and seven hits with six strikeouts in five innings to win his second consecutive start. Jacob Latz allowed a run over 3 1/3 innings of relief with six strikeouts.

Semien had three hits with an RBI and two runs scored in the first three innings. Seager went two for three as seven of nine starters drove in at least one run for Texas during a 13-hit outburst.

Adolis García launched his 11th homer — a two-run shot off Carson Fulmer in the eighth for the Rangers’ final runs.

Jack Kochanowicz (3-9) lasted just 2 2/3 innings for the Angels, allowing eight runs. Fulmer gave up three runs in 5 1/3 innings of relief.

Seager, Semien, García and Jonah Heim had four straight singles for a 2-0 lead in the first.

Wyatt Langford and Evan Carter had RBI singles and Jake Burger added an RBI double in Texas’ big inning.

Zach Neto doubled off Corbin and scored on Taylor Ward’s 21st homer to cut it to 9-2 after five. Lamonte Wade Jr. had an RBI single in the sixth and Neto hit his 14th homer — a solo shot off Dane Dunning in the ninth.

Key moment: Corbin gave up three first-inning singles, but the Angels failed to score when Mike Trout hit into a double play and Ward was thrown out at home by García on Jo Adell’s single to right field.

Key stat: The Rangers’ 3.30 ERA leads the majors, while the Angels’ 4.59 ERA ranks 24th among 30 teams.

Up next: The Angels host the Diamondbacks beginning Friday. Neither team had announced a scheduled starter.