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Earnings ·

APA reports Q3 EPS of $2.00, raises full-year free cash flow outlook to ~$2.9B

APAAPA Corp

APA Corporation reported third-quarter net income attributable to common stock of $698 million, or $2.00 per diluted share, driven by strong U.S. oil production averaging 128,000 barrels per day and robust operating cash flow of $1.38 billion. The company generated $699 million in free cash flow and returned $537 million to shareholders through dividends and share repurchases. Management raised its full-year 2026 free cash flow outlook to approximately $2.9 billion, reflecting higher commodity prices and improved operational performance, while lowering its net debt target to $2 billion. APA operates as an independent oil and natural gas exploration and production company with assets in the United States, Egypt, the North Sea, and Suriname.

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