APA(APA) - 2025 H2 - Earnings Call Presentation

Financial Performance Highlights - APA Group's FY25 Distribution Per Security (DPS) was 570 cents, aligning with guidance[32] - Underlying EBITDA reached $2015 million, reflecting a 64% increase excluding the Pilbara Energy System[32] - Free Cash Flow (FCF) amounted to $1083 million, marking a 09% rise[36] - The Underlying EBITDA margin improved by 09 percentage points to 742%[35] Future Guidance - FY26 Underlying EBITDA guidance is set between $2120 million and $2200 million, indicating a 72% increase at the midpoint[35] - FY26 DPS guidance is projected at 580 cents, a 1 cent increase from FY25[35] Strategic Initiatives - APA Group is targeting approximately $50 million uplift in Underlying EBITDA in FY26 from cost reduction initiatives[40] - The company has an organic growth pipeline of approximately $21 billion for FY26-FY28, funded by balance sheet capacity and the Distribution Reinvestment Plan (DRP)[40] Sustainability - APA Group achieved a 65% gross and 133% net reduction in FY25 gas infrastructure emissions compared to the FY21 base year[38]