APA(US:APA) Globenewswireยท2025-10-08 20:53Core Insights - APA Corporation provided supplemental information regarding its estimated financial and operational results for the third quarter of 2025, indicating that actual results may vary based on various factors [1] Financial Performance - Estimated average realized prices for the third quarter of 2025 are as follows: - Oil in the United States: $66.00 per barrel - NGL in the United States: $20.00 per barrel - Natural Gas in the United States: $0.70 per Mcf - Oil internationally: $68.50 per barrel - NGL internationally: $40.00 per barrel - Natural Gas internationally: $4.20 per Mcf [2] - The net gain on oil and gas purchases and sales (before tax) is estimated at $177 million, which includes the impact of realized gain/loss from commodity derivatives [2] Operational Updates - APA curtailed approximately 20 million cubic feet per day of U.S. natural gas production and 1,400 barrels per day of U.S. natural gas liquids production in response to weak or negative Waha hub prices [5] - The company received substantial payments from the Egyptian General Petroleum Corporation (EGPC), leading to normalized receivables from Egypt [3] Cash Flow and Debt Management - Total distributions to the non-controlling interest partner in Egypt amounted to $173 million during the third quarter, compared to $126 million in the first quarter and $91 million in the second quarter [4] - Despite these distributions reducing free cash flow, net debt and free cash flow were both lower than previously expected due to positive developments in payments from Egypt [4] Shareholder Actions - The estimated weighted-average basic common shares for the third quarter is 357 million, with APA repurchasing 3.1 million shares at an average price of $20.78 per share during the quarter [6] Upcoming Events - APA will host a conference call to discuss its third-quarter 2025 results on November 6 at 10 a.m. Central time, which will be webcast on the company's website [7]