APA Corporation Provides Third-Quarter 2025 Supplemental Information and Schedules Results Conference Call for Nov. 6 at 10 a.m. Central Time
APA (Nasdaq: APA) provided supplemental estimates for 3Q 2025 and scheduled an earnings conference call for Nov 6, 2025 at 10:00 a.m. CT. Key estimates: U.S. realized prices — oil $66.00/bbl, NGL $20.00/bbl, natural gas $0.70/Mcf; International — oil $68.50/bbl, NGL $40.00/bbl, gas $4.20/Mcf.
Operational and cash items: Egypt tax barrels ~37–38 MBoe/d; dry hole costs $4–6M; net gain on purchases/sales $177M (before tax). APA received substantial payments from EGPC, distributed $173M to its non‑controlling Egypt partner in 3Q, and noted that these receipts do not increase its free cash flow under its definition.
Production curtailments: ~20 MMcf/d U.S. gas and 1,400 bbl/d NGL curtailed. Weighted average basic shares ~357M; repurchased 3.1M shares at $20.78 avg.
APA (Nasdaq: APA) ha fornito stime supplementari per il 3Q 2025 e ha programmato una conference call sugli utili per 6 novembre 2025 alle 10:00 ora CT. Stime chiave: Prezzi realizzati negli Stati Uniti — petrolio 66,00 $/bbl, NGL 20,00 $/bbl, gas naturale 0,70 $/Mcf; Internazionale — petrolio 68,50 $/bbl, NGL 40,00 $/bbl, gas 4,20 $/Mcf.
Voci operative e di cassa: barili tassabili in Egitto circa 37–38 MBoe/d; costi di foratura asciutta 4–6 milioni $; guadagno netto sugli acquisti/vendite 177 milioni $ (prima delle imposte). APA ha ricevuto pagamenti sostanziali da EGPC, ha distribuito 173 milioni $ al suo socio non controllante in Egitto nel 3° trimestre e ha rilevato che tali incassi non aumentano la sua free cash flow secondo la sua definizione.
Riduzioni di produzione: circa 20 MMcf/d di gas statunitense e 1.400 barili/d di NGL ridotti. Azioni ordinarie ponderate in media diluita circa 357M; riacquisti 3,1M azioni a una media di 20,78 $.
APA (Nasdaq: APA) proporcionó estimaciones suplementarias para el 3T 2025 y programó una conferencia de resultados para el 6 de noviembre de 2025 a las 10:00 a. m. CT. Estimaciones clave: Precios realizados en EE. UU. — petróleo 66,00 $/bbl, NGL 20,00 $/bbl, gas natural 0,70 $/Mcf; Internacional — petróleo 68,50 $/bbl, NGL 40,00 $/bbl, gas 4,20 $/Mcf.
Ítems operativos y de caja: barriles gravables en Egipto ~37–38 MBoe/d; costos de hoyos secos 4–6 millones $; ganancia neta en compras/ventas 177 millones $ (antes de impuestos). APA recibió pagos sustanciales de EGPC, distribuyó 173 millones $ a su socio no controlante en Egipto en el 3T, y señaló que estos ingresos no incrementan su flujo de caja libre según su definición.
Reducciones de producción: ~20 MMcf/d de gas en EE. UU. y 1,400 bbl/d de NGL reducidos. Acciones básicas ponderadas medias ~357M; recompró 3,1M acciones a un promedio de $20,78.
APA (나스닥: APA)는 3Q 2025에 대한 보충 추정치를 제공했고 2025년 11월 6일 오전 10:00 CT에 실적 콘퍼런스 콜을 예정했습니다. 주요 추정치: 미국 실현 가격 — 석유 66.00달러/배럴, NGL 20.00달러/배럴, 천연가스 0.70달러/Mcf; 해외 — 석유 68.50달러/배럴, NGL 40.00달러/배럴, 가스 4.20달러/Mcf.
운영 및 현금 항목: 이집트 세금 배럴 약 37–38 MBoe/d; 드라이 홀 비용 400–600만 달러; 매입/매도에 의한 순이익 1.77억 달러(세전). APA는 EGPC로부터 상당한 지급을 받았고 3분기에 이집트의 비지배 상대방에게 1.73억 달러를 배당했으며 이러한 수령이 회사의 정의에 따른 자유 현금 흐름을 증가시키지 않는다고 밝혔습니다.
생산 축소: 미국 가스 약 20 MMcf/d 및 NGL 1,400 bbl/d가 줄었습니다. 가중평균 기본주식 수 약 357M; 3.1M주를 평균 $20.78로 재매입.
APA (Nasdaq: APA) a fourni des estimations supplémentaires pour le 3T 2025 et a prévu une conférence téléphonique sur les résultats pour le 6 novembre 2025 à 10h00 CT. Estimations clés : Prix réalisés aux États-Unis — pétrole 66,00 $/bbl, NGL 20,00 $/bbl, gaz naturel 0,70 $/Mcf; International — pétrole 68,50 $/bbl, NGL 40,00 $/bbl, gaz 4,20 $/Mcf.
Éléments opérationnels et de trésorerie : barils imposables en Égypte environ 37–38 MBoe/d; coûts de puits secs 4–6 M$, gain net sur achats/ventes 177 M$ (avant impôt). APA a reçu des paiements importants de l’EGPC, a distribué 173 M$ à son partenaire non controlling en Égypte au T3, et a noté que ces recettes n’augmentent pas sa trésorerie libre selon sa définition.
Réductions de production : environ 20 MMcf/d de gaz américain et 1 400 bbl/d de NGL réduits. Actions de base pondérées moyennes ~357M; racheté 3,1M actions à un prix moyen de 20,78 $.
APA (Nasdaq: APA) hat Zusatzschätzungen für das 3Q 2025 vorgelegt und eine Gewinnkonferenz für 6. November 2025 um 10:00 Uhr CT angekündigt. Zentrale Schätzungen: US realisierte Preise — Öl 66,00 $/bbl, NGL 20,00 $/bbl, Erdgas 0,70 $/Mcf; International — Öl 68,50 $/bbl, NGL 40,00 $/bbl, Gas 4,20 $/Mcf.
Operative und Cash-Items: Egypt tax barrels ca. 37–38 MBoe/d; Dry-Hole-Kosten 4–6 Mio. $; Netto-Gewinn beim Kauf/Verkauf 177 Mio. $ (vor Steuern). APA erhielt bedeutende Zahlungen von EGPC, schüttete im 3Q 173 Mio. $ an ihren nicht beherrschenden ägyptischen Partner aus und stellte fest, dass diese Einnahmen ihren Free-Cash-Flow nach eigener Definition nicht erhöhen.
Produktionskürzungen: ca. 20 MMcf/d US-Gas und 1.400 Barrels/d NGL wurden gekürzt. Gewichtete durchschnittliche Basis-Aktien ~357M; zurückgekauft 3,1M Aktien zu einem Durchschnittspreis von 20,78 $.
APA (ناسداك: APA) قدمت تقديرات تكميلية لـ 3Q 2025 وحددت مؤتمرًا للمحللين حول الأرباح لـ 6 نوفمبر 2025 الساعة 10:00 صباحًا بتوقيت CT. التقديرات الرئيسية: الأسعار المحققة في الولايات المتحدة — النفط 66.00 دولار/برميل، NGL 20.00 دولار/برميل، الغاز الطبيعي 0.70 دولار/مف؛ الدولي — النفط 68.50 دولار/برميل، NGL 40.00 دولار/برميل، الغاز 4.20 دولار/مف.
العناصر التشغيلية والنقدية: براميل الضرائب في مصر حوالي 37–38 MBoe/d; تكاليف الثقوب الجافة 4–6 ملايين دولار؛ صافي الربح من عمليات الشراء/البيع 177 مليون دولار (قبل الضرائب). تلقت APA دفعات كبيرة من EGPC، ووزعت 173 مليون دولار على شريكها غير المسيطر في مصر في الربع الثالث، وذكرت أن هذه الإيرادات لا تزيد من التدفق النقدي الحر وفق تعريفها.
تحديدات الإنتاج: انخفاضات ~20 MMcf/d من الغاز الأمريكي و 1,400 برميل/اليوم من NGL. الأسهم الأساسية المرجحة المتوسطة ~357M؛ أعادت شراء 3.1M سهم بسعر متوسط 20.78 دولار.
APA（纳斯达克：APA） 提供了 2025 年第三季度的补充估计，并定于 2025 年 11 月 6 日 10:00 AM CT 举行业绩电话会议。关键估计值：美国实际价格 — 石油 66.00 美元/桶，NGL 20.00 美元/桶，天然气 0.70 美元/Mcf；国际 — 石油 68.50 美元/桶，NGL 40.00 美元/桶，天然气 4.20 美元/Mcf。
运营与现金项目：埃及税桶约 37–38 MBoe/d；干孔成本 400–600 万美元；买卖净收益 1.77 亿美元（税前）。APA 收到 EGPC 的大量款项，在第三季度向其在埃及的非控股伙伴分配了 1.73 亿美元，并指出这些收入在其定义的自由现金流中并未增加。
产量削减：美国天然气约 20 MMcf/d，NGL 减产 1,400 桶/d。加权平均基础股份约 357M；已回购 3.1M 股，平均价格 20.78 美元。
- Received substantial EGPC payments restoring receivables to normalized levels
- Recorded $177 million estimated net gain on oil and gas purchases and sales (before tax)
- Reduced net debt and free cash flow shortfall versus prior expectations
- U.S. natural gas realized price estimate of $0.70/Mcf is weak
- Curtailment of ~20 MMcf/d gas and 1,400 bbl/d NGL reduces reported production
- Partner distributions of $173 million in 3Q reduced company free cash flow
HOUSTON, Oct. 08, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2025 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the third-quarter 2025. It is provided to assist investors, analysts and others in formulating their own estimates and is not intended to be a comprehensive presentation of all factors that will affect third-quarter 2025 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for third-quarter 2025.
| Estimated Average Realized Prices – 3Q25 | ||||||
| Oil (bbl) | NGL (bbl) | Natural Gas (Mcf) | ||||
| United States | ||||||
| International | ||||||
| Egypt tax barrels: | 37 - 38 MBoe/d |
| Dry hole costs (before tax): | |
| Net gain on oil and gas purchases and sales (before tax)*: |
*Includes the impact of realized gain/loss from commodity derivatives
Egypt payments and impact on net debt and free cash flow
Based on the strong, longstanding partnership with the Government of Egypt, APA received substantial payments from the Egyptian General Petroleum Corporation (EGPC) during the third quarter. Egypt receivables have now returned to normalized levels.
Following the payments from EGPC, APA made proportional distributions to its non-controlling interest partner in Egypt. Total distributions to the partner were
Production update
APA curtailed approximately 20 MMcf/d of U.S. natural gas production and 1,400 barrels per day of U.S. natural gas liquids production in the third quarter in response to weak or negative Waha hub prices.
Weighted-average shares outstanding
The estimated weighted-average basic common shares for the third quarter is 357 million. APA repurchased 3.1 million shares at an average price of
Third-quarter 2025 earnings call
APA will host a conference call to discuss its third-quarter 2025 results at 10 a.m. Central time, Thursday, Nov. 6. The conference call will be webcast from APA’s website at www.apacorp.com and investor.apacorp.com. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website.
About APA
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “continues,” “could,” “estimates,” “expects,” “goals,” “guidance,” “may,” “might,” “outlook,” “possibly,” “potential,” “projects,” “prospects,” “should,” “will,” “would,” and similar references to future periods, but the absence of these words does not mean that a statement is not forward-looking. These statements include, but are not limited to, statements about future plans, expectations, and objectives for operations, including statements about our capital plans, drilling plans, production expectations, asset sales, and monetizations. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See “Risk Factors” in APA’s Form 10-K for the year ended December 31, 2024, and in our quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business. Any forward-looking statement made in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. APA and its subsidiaries undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.
Contacts
| Investor: | (281) 302-2286 |
| Media: | (713) 296-7276 |
| Website: | www.apacorp.com |
APA-F
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