APA(APA) - 2023 Q4 - Annual Results

Exhibit 99.1 NEWS RELEASE APA Corporation Announces Fourth-Quarter and Full-Year 2023 Financial and Operational Results 2023 Highlights • Delivered full-year net cash from operating activities of $3.1 billion, adjusted EBITDAX of $5.3 billion and $965 million of free cash flow (FCF); • Returned $637 million to shareholders or 66% of FCF; • Increased total company oil production by 8% year-over-year; • U.S. oil increased 12% from fourth-quarter 2022 to fourth-quarter 2023, driven by strong Permian Basin exec ...