Compared to Estimates, APA (APA) Q3 Earnings: A Look at Key Metrics

Core Insights - APA reported a revenue of $2.02 billion for the quarter ended September 2025, reflecting a 20.6% decrease year-over-year and a surprise of -1.28% compared to the Zacks Consensus Estimate of $2.04 billion [1] - The earnings per share (EPS) was $0.93, down from $1.00 in the same quarter last year, but exceeded the consensus EPS estimate of $0.74 by +25.68% [1] Financial Performance Metrics - Total production volume per day was 463.82 KBOE/D, surpassing the seven-analyst average estimate of 447.37 KBOE/D [4] - Average price for natural gas was $2.25, slightly below the estimated $2.32 [4] - Natural gas production volume per day was 932.22 million cubic feet, exceeding the six-analyst average estimate of 859.3 million cubic feet [4] - Average price per barrel for NGL was $20.65, compared to the estimated $20.84 [4] - NGL production volume per day was 74.21 thousand barrels, below the five-analyst average estimate of 77.11 thousand barrels [4] - Oil production volume per day was 234.24 thousand barrels, above the average estimate of 228.17 thousand barrels [4] - Average price per barrel of oil was $67.43, exceeding the five-analyst average estimate of $65.17 [4] Revenue Breakdown - Natural gas revenues were reported at $192 million, slightly above the average estimate of $189.59 million, representing an 86.4% year-over-year increase [4] - Total revenues from oil, natural gas, and natural gas liquids were $1.8 billion, compared to the four-analyst average estimate of $1.66 billion, reflecting a year-over-year decrease of 12.3% [4] - Natural gas liquids revenues were $142 million, below the estimated $147.5 million, marking a -10.1% change year-over-year [4] - Purchased oil and gas sales were $311 million, below the three-analyst average estimate of $378.79 million, representing a year-over-year decline of 34.3% [4] - Oil revenues were $1.47 billion, exceeding the three-analyst average estimate of $1.34 billion, but showing an 18.2% decrease year-over-year [4] Stock Performance - APA shares have returned -11.9% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]