The earnings call reflected a strong operational and financial performance with significant progress in debt reduction, shareholder returns, and operational efficiency. However, there were some temporary constraints and a modest decline in oil production in Egypt. Overall, the positives significantly outweighed the negatives, indicating a robust outlook for the company.

Company Guidance -

Q3 2025

During the APA Corporation's second quarter 2025 earnings call, the company provided detailed guidance on its financial and operational outlook. APA reported a consolidated net income of $603 million, or $1.67 per diluted share, with adjusted net income at $313 million, or $0.87 per share. The company achieved significant debt reduction, lowering net debt by over $850 million, and returned approximately $140 million to shareholders through dividends and share repurchases. APA's capital efficiency improvements were highlighted, particularly in the Permian Basin, where oil production exceeded guidance with six drilling rigs instead of eight, resulting in lower drilling and completion costs. The company anticipates capturing at least $200 million in cost savings in 2025, with a target run rate of $350 million by 2026. In Egypt, APA secured a 35% increase in acreage and raised its guidance for gross gas volumes, expecting continued growth in both BOE volumes and free cash flow. The Suriname project remains on track for first oil in mid-2028, and APA plans to continue its balanced capital return strategy, aiming for a long-term net debt target of $3 billion.

Debt Reduction

Reduced net debt by over $850 million during the quarter, showcasing significant progress in strengthening the balance sheet.

Shareholder Returns

Returned approximately $140 million to shareholders through dividends and buybacks, demonstrating commitment to shareholder value.

Operational Efficiency in the Permian

Oil production exceeded guidance due to faster turn-in lines enabled by efficient field execution, and capital investment captured efficiency gains.

Expansion in Egypt

Secured presidential approval for the award of approximately 2 million net acres in the Western Desert, representing a greater than 35% increase in acreage position.

Cost Reduction Initiatives

Anticipating at least $200 million in savings in 2025, up from a prior estimate of $130 million, and planning to exit the year at a $300 million annual savings run rate.

Suriname Progress

GranMorgu development continues toward first oil in mid-2028, with significant progress being made on project execution.

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
Oct 29, 2025	2025 (Q3)	0.78 / -	1	―	―	―
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)
Aug 02, 2023	2023 (Q2)	0.75 / 0.85	2.37	-64.14% (-1.52)

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
Aug 06, 2025	$18.06	$19.46	+7.75%
May 07, 2025	$15.27	$15.96	+4.52%
Feb 26, 2025	$21.36	$19.82	-7.21%
Nov 06, 2024	$23.75	$21.06	-11.33%

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 (APA) report earnings?

APA (APA) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is APA (APA) earnings time?

APA (APA) earnings time is at Oct 29, 2025, 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 (Q3) is 0.78.

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