Earnings summaries and quarterly performance for APA.
Executive leadership at APA.
John J. Christmann IV
Detailed
Chief Executive Officer
CEO
Ben C. Rodgers
Detailed
Executive Vice President and Chief Financial Officer
Kimberly O. Warnica
Detailed
Executive Vice President and Chief Legal Officer
Mark D. Maddox
Detailed
Executive Vice President, Administration
Robert P. Rayphole
Detailed
Vice President, Chief Accounting Officer and Controller
Stephen J. Riney
Detailed
President
Tracey K. Henderson
Detailed
Executive Vice President, Exploration
Board of directors at APA.
Annell R. Bay
Detailed
Director
Anya Weaving
Detailed
Director
Chansoo Joung
Detailed
Director
Charles W. Hooper
Detailed
Director
David L. Stover
Detailed
Director
H. Lamar McKay
Detailed
Non-Executive Chair of the Board
Juliet S. Ellis
Detailed
Director
Kenneth M. Fisher
Detailed
Director
Matthew R. Bob
Detailed
Director
Peter A. Ragauss
Detailed
Director
Research analysts who have asked questions during APA earnings calls.
John Freeman
Raymond James Financial
3 questions for APA
Also covers: AR, CRGY, DVN +9 more
Leo Mariani
ROTH MKM
3 questions for APA
Also covers: AR, CIVI, CNX +16 more
Paul Cheng
Scotiabank
3 questions for APA
Also covers: BP, CLNE, COP +20 more
Arun Jayaram
JPMorgan Chase & Co.
2 questions for APA
Also covers: AR, BKR, COP +33 more
Betty Jiang
Barclays
2 questions for APA
Also covers: AR, BKV, CNX +14 more
Charles Meade
Johnson Rice & Company L.L.C.
2 questions for APA
Also covers: BRY, COP, CRGY +17 more
David Deckelbaum
TD Cowen
2 questions for APA
Also covers: ALB, ALTM, AR +17 more
Douglas George Blyth Leggate
Wolfe Research
2 questions for APA
Also covers: BP, COP, CTRA +18 more
Wei Jiang
Barclays
2 questions for APA
Also covers: AR, BKV, COP +9 more
Bertrand Donnes
Truist Securities
1 question for APA
Also covers: AR, BKV, CNX +7 more
Bob Brackett
Bernstein Research
1 question for APA
Also covers: CCJ, COP, CVX +8 more
Douglas Leggate
Wolfe Research
1 question for APA
Also covers: COP, CVX, DINO +5 more
Doug Leggate
Wolfe Research
1 question for APA
Also covers: AR, BP, CNQ +21 more
Jeoffrey Lambujon
TPH & Co.
1 question for APA
Also covers: COP
Michael Scialla
Stephens Inc.
1 question for APA
Also covers: AESI, CNX, CRC +10 more
Neal Dingmann
Truist Securities
1 question for APA
Also covers: CHRD, CIVI, COP +33 more
Neil Mehta
Goldman Sachs
1 question for APA
Also covers: AESI, AR, BKR +36 more
Oliver Huang
TPH&Co.
1 question for APA
Also covers: CHRD, CIVI, CRGY +5 more
Roger Read
Wells Fargo & Company
1 question for APA
Also covers: AR, BP, CLMT +22 more
Scott Gruber
Citigroup
1 question for APA
Also covers: BKR, BKV, CHX +24 more
Scott Hanold
RBC Capital Markets
1 question for APA
Also covers: CHRD, CIVI, COP +13 more
Recent press releases and 8-K filings for APA.
APA advances Brigalow 400MW peaking plant in Queensland
APA
New Projects/Investments
- APA Group and CS Energy signed a Joint Development Agreement to develop a 400MW fast-start gas-fired Brigalow Peaking Power Plant, targeting operations in 2028 near Kogan Creek Power Station.
- APA will hold an 80% ownership stake and lead project delivery, while CS Energy retains 20% and will operate the facility.
- The plant will provide dispatchable firming capacity during peak demand to support renewable integration and connect to APA’s Roma-Brisbane Pipeline via a new lateral line.
- GE Vernova will supply the gas turbines, with detailed engineering due by mid-2026, and a 25-year inflation-linked hedge offtake agreement secures revenue and mitigates price exposure.
Nov 30, 2025, 10:43 PM
APA considers reverse merger with Repsol’s upstream unit
APA
M&A
- Repsol SA is exploring a reverse merger of its $19 billion upstream division with APA Corp., sending APA shares up over 5% on merger speculation.
- APA’s market capitalization is approximately $8.8 billion, and it operates across the U.S., Egypt, and the North Sea, with additional projects in Suriname, Uruguay, and Alaska.
- The company’s liquidity profile shows a current ratio of 0.78, a quick ratio of 0.63, and a debt-to-equity ratio of 0.77, highlighting potential liquidity constraints alongside moderate leverage.
- Discussions are preliminary, with no certainty of a deal as both companies have declined to comment.
Nov 13, 2025, 4:32 PM
APA Corporation reports Q3 2025 results
APA
Earnings
Guidance Update
New Projects/Investments
- Q3 2025 production of 463,815 BOE/d (51% oil/16% NGL/33% gas); US: 281,145 BOE/d, International: 182,670 BOE/d.
- YTD 2025 controllable spend realized savings of $300 M (up from $60 M in Feb-2025); raised YE25 run-rate savings target to $350 M.
- Committed to return 60% of free cash flow to shareholders; set $3.0 B long-term net debt target and net debt reduced to ~$4.0 B by Q3 2025.
- Approved FID on Block 58 in Suriname, creating ~400 Midland-equivalent well locations at ~30% of Midland Basin cost.
- 4Q 2025 guidance: reported production 230 k oil/446 k BOE/d, adjusted production 190 k oil/377 k BOE/d; upstream capex of $440 M.
Nov 6, 2025, 4:00 PM
APA reports Q3 2025 results and outlines 2026 outlook
APA
Earnings
Guidance Update
- APA reported Q3 consolidated net income of $205 million ($0.57/share) and adjusted net income of $332 million ($0.93/share), generating $339 million of free cash flow and returning $154 million to investors via dividends and buybacks.
- Production exceeded guidance across core assets: Permian oil volumes topped targets, Egypt BOEs grew sequentially on gas program progress with near-elimination of past-due receivables, and North Sea delivered higher volumes at lower costs.
- On track to deliver $300 million of controllable spend savings in 2025, aiming for a $350 million run-rate by year-end and targeting an additional $50–100 million of run-rate savings in 2026.
- Preliminary 2026 plan includes sustaining Permian oil at ~120,000 bopd with $1.3 billion in capital (five rigs), flat Egypt spend for gas growth, and ~10% lower development capital versus 2025.
Nov 6, 2025, 4:00 PM
APA Corporation announces Q3 2025 results
APA
Earnings
Guidance Update
Share Buyback
- Reported production of 464,000 BOE/d (adjusted 387,000 BOE/d), exceeding guidance across all regions.
- Q3 net income attributable to common stock of $205 million ($0.57 diluted EPS); adjusted earnings of $332 million ($0.93 diluted EPS); net cash provided by operating activities of $1.5 billion and adjusted EBITDAX of $1.3 billion.
- Generated $339 million of free cash flow, reduced net debt by $431 million, and returned $154 million to shareholders via dividends and share repurchases in the quarter.
- Accelerated cost reductions, now targeting $350 million of run-rate savings by YE 2025 (two years ahead) and an additional $50–$100 million by YE 2026; raised 2025 realized savings goal to $300 million from $200 million.
- Increased Q4 guidance for U.S. oil and Egypt natural gas production; expects upstream capital investment of $440 million, in line with prior outlook.
Nov 5, 2025, 10:22 PM
Array Technologies reports Q3 2025 results
APA
Earnings
M&A
Guidance Update
- Completed acquisition of APA Solar in August; APA contributed $16.9 million in Q3 revenue.
- Q3 revenue of $393.5 million (+70% YoY) with gross margin of 26.9% and adjusted gross margin of 28.1%.
- Net income to common shareholders of $18.4 million (EPS $0.12) and Adjusted EBITDA of $72.2 million (Adjusted EPS $0.30).
- Full-year 2025 guidance updated to $1.25–$1.28 billion in revenue (incl. ~$50 million from APA), $185–$195 million in Adjusted EBITDA, and $0.64–$0.70 in Adjusted net income per share.
Nov 5, 2025, 9:05 PM
APA announces development of 2,000 MW Desert Sun natural gas plant
APA
New Projects/Investments
- APS will develop the 2,000 MW Desert Sun natural gas facility west of Gila Bend, AZ to meet rapid growth and support renewable integration.
- The project follows a two-phase structure: Phase 1 via competitive procurement for all customers; Phase 2 funded by extra-large users through long-term subscriptions.
- Under the “growth pays for growth” model, extra-large users assume capital costs and development risks, shielding residential and small business customers from expansion expenses.
Oct 30, 2025, 1:00 PM
APA provides third-quarter 2025 supplemental information and announces Nov. 6 conference call
APA
Earnings
Guidance Update
- Estimated average realized prices for 3Q 2025: U.S. oil $66/bbl, NGL $20/bbl, natural gas $0.70/Mcf; International oil $68.50/bbl, NGL $40/bbl, natural gas $4.20/Mcf
- Egypt payments normalized receivables; distributed $173 million to non-controlling partner in 3Q vs. $126 million in 1Q and $91 million in 2Q; net gain on oil and gas purchases and sales of $177 million (pre-tax)
- Production curtailments of ~20 MMcf/d of U.S. natural gas and 1,400 bbl/d of U.S. NGLs due to weak Waha hub prices
- Weighted-average basic shares estimated at 357 million; repurchased 3.1 million shares at an average price of $20.78
- Scheduled 3Q 2025 earnings call on Thursday, Nov. 6 at 10 a.m. Central time
Oct 8, 2025, 8:53 PM
APA’s DP World Posorja named Latin America and Caribbean’s most efficient port
APA
New Projects/Investments
- DP World Posorja ranked #1 in Latin America and the Caribbean and 21st globally in the World Bank and S&P Global CPPI (2020–2024)
- Delivered the largest efficiency improvement worldwide, climbing over 120 positions since 2020
- Utilizes digitized planning and non-intrusive scanning to inspect 100% of export cargo, operating under a $500 million, 50-year public-private partnership launched in 2019
- Expanding to a 700 meter berth with additional cranes and RTGs to reach 1.4 million TEU capacity by 2026, and awarded the 2025 Port Industry Excellence Award
Oct 7, 2025, 1:09 PM
APA Corp outlines exploration-focused portfolio and growth projects
APA
New Projects/Investments
- APA Corp. reports 465,000 boe/d of production with a $2.3 billion capital budget in 2025, allocating $65 million to exploration this year and $850 million since 2020.
- Production and free cash flow are anchored in the Permian Basin (75 %) and long-lived assets in Egypt, with gas appraisal underway in Egypt’s Western Desert.
- In Suriname’s Block 58, APA achieved first discovery in 2020, reached FID in 2024, and plans first oil by 2028 via a 220,000 bbl/d FPSO operated by Total.
- Entered an Alaska joint venture in 2023, announcing two North Slope discoveries and planning further winter-season appraisal drilling on a 375,000-acre position.
- Expanded exploration into Uruguay with two large offshore blocks and emphasizes long-term investment in “super basins” to meet future global oil demand.
Aug 18, 2025, 5:20 PM
Quarterly earnings call transcripts for APA.
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