The earnings call reflected strong operational performance and cost savings achievements, bolstering financial flexibility and future growth prospects. However, challenges remain with derivative losses and anticipated cash flow impacts from Egypt gas pricing changes and North Sea production declines.

Company Guidance

During the third quarter of 2025, APA Corporation demonstrated strong operational execution and financial performance, surpassing production guidance across its operating areas while keeping capital investment and operating costs below expectations. In the Permian, oil production exceeded guidance, and capital investment was in line with projections. In Egypt, operational success and significant payments nearly eliminated past due receivables, contributing to gross BOE growth. APA reported consolidated net income of $205 million, or $0.57 per diluted share, with adjusted net income at $332 million, or $0.93 per share. The company generated $339 million in free cash flow, returning $154 million to investors. APA's cost reduction efforts are on track to achieve $300 million in savings for 2025, with a target of $350 million by the end of 2025, two years ahead of schedule, and an additional $50 million to $100 million in savings anticipated by the end of 2026. For 2026, APA is focused on capital discipline, with development capital expected to be 10% lower than 2025, maintaining Permian oil production at approximately 120,000 barrels per day, and exploring additional efficiencies across its portfolio.

Strong Third Quarter Results

APA Corp exceeded production guidance in all operating areas, with capital investment and operating costs below guidance.

Cost Reduction Achievements

APA is on track to realize $300 million in savings this year and aims for a run rate savings target of $350 million by the end of 2025, two years ahead of the original goal.

Egypt Operations Success

Received substantial payments nearly eliminating past due receivables. Gross BOEs grew sequentially, driven by gas program success.

Permian Basin Performance

Strong operational execution resulted in oil production above guidance, with consistent capital investment and operating costs.

Debt Reduction and Financial Flexibility

Net debt reduced by approximately $430 million, ending the quarter with $475 million in cash, providing financial flexibility for 2026.

APA (APA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

APA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 25, 2026	2025 (Q4)	0.74 / -	0.79	―	―	―
Nov 05, 2025	2025 (Q3)	0.79 / 0.93	1	-7.00% (-0.07)
Aug 06, 2025	2025 (Q2)	0.46 / 0.87	1.17	-25.64% (-0.30)
May 07, 2025	2025 (Q1)	0.84 / 1.06	0.78	35.90% (+0.28)
Feb 26, 2025	2024 (Q4)	0.97 / 0.79	1.15	-31.30% (-0.36)
Nov 06, 2024	2024 (Q3)	0.97 / 1.00	1.33	-24.81% (-0.33)
Jul 31, 2024	2024 (Q2)	0.88 / 1.17	0.85	37.65% (+0.32)
May 01, 2024	2024 (Q1)	0.95 / 0.78	1.19	-34.45% (-0.41)
Feb 21, 2024	2023 (Q4)	1.38 / 1.15	1.48	-22.30% (-0.33)
Nov 01, 2023	2023 (Q3)	1.08 / 1.33	1.97	-32.49% (-0.64)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

APA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$21.66	$23.64	+9.14%
Aug 06, 2025	$17.86	$19.24	+7.73%
May 07, 2025	$15.10	$15.78	+4.50%
Feb 26, 2025	$21.13	$19.60	-7.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does APA Corp. (APA) report earnings?

APA Corp. (APA) is schdueled to report earning on Feb 25, 2026, After Close (Confirmed).

What is APA Corp. (APA) earnings time?

APA Corp. (APA) earnings time is at Feb 25, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is APA EPS forecast?

APA EPS forecast for the fiscal quarter 2025 (Q4) is 0.74.

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