APA Corp (APA) provided supplemental estimates for the quarter ended September 30, 2026, subject to completion of quarter-end reporting, final realized prices, cost and tax accruals, and subsequent events; actual results may vary materially. Estimated average realized prices were U.S. oil $87.50 per barrel, NGL $26.00 per barrel and natural gas $1.45 per Mcf; international oil was $98.50 per barrel, NGL $155.00 per barrel and natural gas $5.00 per Mcf. The international NGL estimate primarily reflects low volumes and the timing of revenue recognition.
Other estimates included Egypt tax barrels of 36 MBoe/d, dry-hole costs before tax of $25 million and a $190 million net gain on oil and gas purchases and sales before tax, including an $8 million realized gain from commodity derivatives. Estimated weighted-average basic common shares were 348 million. APA repurchased 10.5 million shares at an average $42.78 per share. General and administrative expenses were approximately $115 million, including $56 million of stock-based compensation, most of which reflected mark-to-market impacts of APA’s share price during the quarter. The results call is scheduled for November 5, 2026, at 10 a.m. Central time.
APA Corp director Anya Weaving received a grant of 1,203 restricted stock units on September 30, 2026, under the 2016 Omnibus Compensation Plan. The units immediately vested and were automatically deferred as phantom stock units under APA’s Outside Directors’ Deferral Program. Her reported total after the grant was 19,907 phantom stock units, including 1,203 newly deferred units.
APA Corp director David L. Stover acquired 1,203 restricted stock units on September 30, 2026. The awards immediately vested and were automatically deferred as phantom stock units under APA’s Outside Directors’ Deferral Program. His reported post-transaction total was 32,780 phantom stock units, including 31,396 previously reported units and 181 units accrued from dividends on APA common stock.
APA Corp director Peter A. Ragauss received a grant of 1,203 restricted stock units on September 30, 2026, under the 2016 Omnibus Compensation Plan. The units immediately vested and were automatically deferred under APA's Outside Directors' Deferral Program. His reported total after the transaction was 103,649 phantom stock units, including 1,203 newly deferred units, 101,859 previously reported units and 587 units accrued for dividends on APA common stock.
On September 30, 2026, APA Corp (APA) director Lamar McKay received an award of 1,804 restricted stock units under the 2016 Omnibus Compensation Plan. His reported post-transaction position was 57,827 phantom stock units, including 55,702 previously reported units, 321 units accrued for dividends, and the 1,804 newly deferred units.
APA Corp director Chansoo Joung received 1,203 restricted stock units on September 30, 2026, under the 2016 Omnibus Compensation Plan. The units immediately vested and were automatically deferred as phantom stock units under the Outside Directors' Deferral Program. Joung's reported holdings totaled 246,547, including 1,203 newly deferred phantom stock units, 104,457 previously reported phantom stock units, 602 phantom stock units accrued for dividends, and 140,285 shares of common stock.
APA Corp director Charles W. Hooper acquired 1,203 restricted stock units on September 30, 2026, under the 2016 Omnibus Compensation Plan. The units immediately vested and were automatically deferred under APA’s Outside Directors’ Deferral Program. After the award, his reported total was 33,074 phantom stock units, including 31,689 previously reported units and 182 units accrued for dividends paid on APA common stock.
APA Corp director Kenneth M. Fisher acquired 1,203 restricted stock units on September 30, 2026, under the 2016 Omnibus Compensation Plan. The units immediately vested and were automatically deferred as phantom stock units under the Outside Directors’ Deferral Program. His reported total afterward was 15,260 phantom stock units, including 13,977 previously reported units and 80 units accrued for dividends on APA common stock.
APA Corp director Juliet S. Ellis acquired 1,203 restricted stock units on September 30, 2026. The units immediately vested and were automatically deferred under APA’s Outside Directors’ Deferral Program. Her reported total following the award was 90,969, including 1,203 newly deferred phantom stock units, 76,887 previously reported phantom stock units, 443 phantom stock units accrued for dividends, and 12,436 shares of common stock.
APA Corp director Annell R. Bay acquired 1,203 restricted stock units on September 30, 2026, under the 2016 Omnibus Compensation Plan. The units immediately vested and were automatically deferred as phantom stock units under APA's Outside Directors' Deferral Program. Her reported post-transaction balance was 105,525 phantom stock units.