Core Viewpoint - APA Corporation reported strong first-quarter 2025 results, with adjusted earnings of $1.06 per share, exceeding expectations and showing improvement from the previous year, driven by higher production and commodity prices [1][2]. Financial Performance - Revenues reached $2.6 billion, a 37.3% increase from the same quarter last year, and surpassed the Zacks Consensus Estimate by 18% [1]. - The company paid out $91 million in dividends during the quarter, reflecting its commitment to shareholder returns [2]. Production & Selling Prices - Average production of oil and natural gas was 468,978 BOE/d, with liquids comprising 67%, marking a 20.5% increase year-over-year [3]. - U.S. output increased by 39.4% year-over-year to 298,319 BOE/d, while international production decreased by 2.5% to 170,659 BOE/d [4]. - Average realized crude oil price was $73.73 per barrel, down 8.6% from the previous year, but above projections [5]. - Average realized natural gas price rose to $2.81 per thousand cubic feet, up from $2.47 in the year-ago period [5]. Costs & Financial Position - Lease operating expenses totaled $407 million, a 20.4% increase from the previous year, contributing to total operating expenses of $1.8 billion, which rose 27% year-over-year [5]. - The company generated $1.1 billion in cash from operating activities and incurred $710 million in upstream capital expenditures [6]. - As of March 31, APA had approximately $67 million in cash and cash equivalents and $5.2 billion in long-term debt, resulting in a debt-to-capitalization ratio of 49.1% [7]. Guidance - APA expects production to average 457,000 BOE/d in Q2 and 463,000 BOE/d for the full year, reflecting a 2% year-over-year increase [8]. - The company has revised its upstream capital expenditure guidance for the year to $2.225-$2.325 billion, down from previous estimates [8].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the transition period from _________ to _________ Commission File Number: 1-40144 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 APA CORPORATION (Exact name of registrant as specified in its charter) Delaware 86-1430562 (State or ot ...

APA (APA) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Company Participants Ben Rodgers - Senior Vice President Finance & TreasurerJohn Christmann - CEOStephen Riney - President & CFOJohn Freeman - Managing DirectorTracey Henderson - Executive VP of ExplorationScott Gruber - Director - Oilfield Services & Equipment ResearchOliver Huang - Director Conference Call Participants Doug Leggett - AnalystArun Jayaram - AnalystBetty Jiang - Senior Equity Research Analyst - US Integrated Oil and E&PsPaul Cheng - An ...

APA (APA) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 thank you for standing by. Welcome to the APA Corporation's First Quarter twenty twenty five Results Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Ben Rogers, Senior Vice President of Finance and Treasur ...

Exhibit 99.1 NEWS RELEASE APA Corporation Announces First-Quarter 2025 Financial and Operational Results Key Takeaways HOUSTON, May 7, 2025 – APA Corporation (Nasdaq: APA) today announced its financial and operational results for the first quarter of 2025. APA reported net income attributable to common stock of $347 million, or $0.96 per diluted share. When adjusted for items that impact the comparability of results, APA's first-quarter earnings were $385 million, or $1.06 per diluted share. Net cash provid ...

Whenever possible, these "forward-looking statements" are identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "continues," "could," "estimates," "expects," "goals," "guidance," "may," "might," "outlook," "possible," "potential," "projects," "prospects," "should," "would," "will," and similar phrases, but the absence of these words does not mean that a statement is not forward-looking. Because such statements involve risks and uncertainties, the company's actual results and pe ...

For the quarter ended March 2025, APA (APA) reported revenue of $2.61 billion, up 37.3% over the same period last year. EPS came in at $1.06, compared to $0.78 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of +18.00%. The company delivered an EPS surprise of +27.71%, with the consensus EPS estimate being $0.83. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expecta ...

APA (APA) came out with quarterly earnings of $1.06 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.71%. A quarter ago, it was expected that this oil and natural gas producer would post earnings of $0.97 per share when it actually produced earnings of $0.79, delivering a surprise of -18.56%.Over the last four quarters, the ...

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2025 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com. APA will host a conference call on May 8 at 10 a.m. Central time via the webcast link available on the company website to discuss the results. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website. About APA APA Corporation owns co ...

Core Viewpoint - APA Corporation is expected to report first-quarter 2025 results on May 7, with a consensus estimate of 83 cents per share in profit and revenues of $2.2 billion [1] Group 1: Previous Quarter Performance - In the last reported quarter, APA missed the consensus earnings estimate of 97 cents, reporting adjusted earnings of 79 cents per share, while revenues of $2.5 billion exceeded estimates by nearly 10% due to contributions from the Callon Petroleum acquisition and higher production [2] - APA has beaten the Zacks Consensus Estimate in one of the last four quarters and missed in the others [3] Group 2: Estimate Revisions and Projections - The Zacks Consensus Estimate for the first-quarter earnings has been revised upward by 2.5% in the past week, indicating a 6.4% year-over-year improvement, while revenue estimates suggest a 16.3% increase from the previous year [3] Group 3: Production and Growth Factors - APA is projected to achieve strong production gains in the first quarter, with average volumes expected to reach approximately 300,000 barrels of oil equivalent per day (BOE/d), reflecting a 40% year-over-year increase from 214,050 BOE/d, driven by robust well performance and the Callon Petroleum acquisition [4] - Since 2020, APA has restructured its portfolio with over $5 billion in strategic acquisitions and $2.5 billion in divestitures, resulting in more than doubling its unconventional output in the Permian Basin and enhancing its operational efficiency [5] Group 4: Earnings Surprise Potential - The company has a positive Earnings ESP of +4.52% and a Zacks Rank of 3, indicating a likelihood of an earnings beat this season [6]