Quarterly UpdatesJul 8, 2026, 05:12 PM
APA Corporation Provides Q2 2026 Supplemental Financial Data
AI Summary
APA Corporation released supplemental financial and operational information for the second quarter of 2026. Key estimates include U.S. oil prices at $93.20 per barrel and international oil prices at $99.90 per barrel. The company reported curtailing U.S. natural gas and NGL production due to weak Waha hub prices and repurchased 2.8 million shares during the quarter. APA will host a conference call on August 6, 2026, to discuss the full Q2 results.
Key Highlights
- Estimated Q2 2026 U.S. oil realized price at $93.20 per barrel.
- Estimated Q2 2026 International oil realized price at $99.90 per barrel.
- Curtailed 137 MMcf/d of U.S. natural gas production in Q2 2026.
- Repurchased 2.8 million shares at an average price of $35.25 in Q2.
- Estimated Q2 general and administrative expenses totaled $65 million.
- Net gain on oil and gas purchases and sales was $345 million.
- Dry hole costs before tax were $41 million.
- Q2 2026 earnings conference call scheduled for August 6.
Price Impact
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