Core Insights - APA Corporation provided supplemental information regarding its second-quarter 2025 financial and operational results, indicating that actual results may vary based on various factors not identified in the release [1] Financial Performance - Estimated average realized prices for the second quarter of 2025 are as follows: - Oil in the United States: $64.85 per barrel - NGL in the United States: $19.80 per barrel - Natural Gas in the United States: $1.00 per Mcf - Oil internationally: $66.20 per barrel - NGL internationally: $41.60 per barrel - Natural Gas internationally: $4.00 per Mcf [2] - The company reported a net gain on oil and gas purchases and sales (before tax) of approximately $158 million, which includes the impact of realized gain/loss from commodity derivatives [2] Production Update - APA curtailed approximately 10 million cubic feet per day (MMcf/d) of U.S. natural gas production and 750 barrels per day of U.S. natural gas liquids production in response to weak or negative Waha hub prices [3] Asset Sale Update - In May, APA announced an agreement to divest assets in New Mexico, which closed in June, resulting in a reduction of approximately 1.8 million barrels of oil equivalent per day (MBoe/d) in second-quarter U.S. production, with 33% being oil [4] - The total net proceeds from the asset sale, after customary closing adjustments and transaction costs, were approximately $575 million [4] Share Information - The estimated weighted-average basic common shares for the second quarter is 361 million [5] Upcoming Events - APA will host a conference call to discuss its second-quarter 2025 results on August 7 at 10 a.m. Central time, which will be webcast from the company's website [6]
APA Corporation Provides Second-Quarter 2025 Supplemental Information and Schedules Results Conference Call for August 7 at 10 a.m. Central Time