APA Corporation (APA) , a Houston-based oil and gas exploration and production company, is reportedly considering the sale of significant drilling properties in the Permian Basin, valued at approximately $1 billion. This move is part of APA's broader strategy to streamline operations and reduce its substantial $6-$7 billion debt. The company intends to focus on its core shale operations and the divestiture of its non-core assets.The Importance of the Permian Basin in APA's PortfolioGeographical and Operatio ...

U.S. energy operator APA Corporation (APA) reported second-quarter 2024 adjusted earnings of $1.17 cents per share, beating the Zacks Consensus Estimate of 95 cents and improving from the year-ago adjusted figure of 85 cents. The outperformance primarily reflects higher-than-expected production owing to the contribution from the Callon Petroleum acquisition that was closed on Apr 1. Revenues of $2.8 billion were up 42.4% from the year-ago quarter's sales and came ahead of the Zacks Consensus Estimate by 20. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 1-40144 APA CORPORATION (Exact name of registrant as specified in its charter) Delaware 86-1430562 (State or oth ...

APA Corporation (NASDAQ:APA) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Gary Clark - VP, IR John Christmann - CEO Steve Riney - President and CFO Conference Call Participants Doug Leggate - Wolfe research John Freeman - Raymond James Neal Dingmann - Truist Charles Meade - Johnson Rice Roger Read - Wells Fargo Securities Scott Hanold - RBC Bob Brackett - Bernstein Research Leo Mariani - ROTH Scott Gruber - Citigroup Arun Jayaram - J.P. Morgan Securities LLC Geoff Jay - D ...

Exhibit 99.1 NEWS RELEASE APA Corporation Announces Second-Quarter 2024 Financial and Operational Results Key Takeaways • Reported production of 473,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was 405,000 BOE per day; • Exceeded second-quarter U.S. oil production guidance and raising full-year guidance; • Expect U.S. oil production to increase 8% from second-quarter 2024 to fourth-quarter 2024; • Egypt adjusted production ex ...

APA Corporation (APA) is set to release second-quarter results on Jul 31. The current Zacks Consensus Estimate for the to-be-reported quarter is pegged at 95 cents per share on revenues of $2.3 billion.Let’s delve into the factors that might influence this upstream operator’s results in the June quarter. But it’s worth taking a look at APA’s previous-quarter performance first.Highlights of Q1 Earnings & Surprise HistoryIn the last reported quarter, the independent oil and gas explorer missed the consensus m ...

HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) today published its 2024 Sustainability Report. Highlights from the report include the achievement of key Environmental, Social and Governance (ESG) goals in 2023 and progression of the company's sustainability initiatives and emissions reduction efforts. The full report is available on APA's website. "Throughout the past year, APA has demonstrated consistent progress and excellent performance across our sustainability focus areas while ...

Herdik Herlambang/iStock via Getty Images Did you see the oil services stocks take off recently? The VanEck Oil Services ETF (OIH) surged by nearly 4% as the "drill baby drill" "Trump Trade" came back into focus on Monday. With fewer than four months until the presidential election, former President Trump leads by roughly 3% in many polls. However, that's just the polling. If we look at the odds, Donald Trump is approaching a 70% of winning in November. Therefore, as investors, we should seriously consider ...

In the latest market close, APA (APA) reached $31.67, with a +0.67% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.64%. At the same time, the Dow added 1.85%, and the tech-heavy Nasdaq gained 0.2%.Prior to today's trading, shares of the oil and natural gas producer had gained 12.6% over the past month. This has outpaced the Oils-Energy sector's loss of 8% and the S&P 500's gain of 3.82% in that time.Analysts and investors alike will be keeping a ...

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the second-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors ...