---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-211978"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:29:10.479324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# APA Q2 net income $926M, free cash flow $814M; acquires Permian assets for $505M

## Summary
- Net income $926M ($2.71 diluted EPS); adj. EPS $2.37; net cash ops $1.535B; EBITDAX $1.957B; FCF $814M (double YoY).
- Repurchased 7M shares in Q2 at $41.59; additional 6.9M in July at $33.87; 52.3M total since Oct 2021 at avg $31.19.
- Acquired Texas Delaware Basin properties for $505M (closed $555M); production expected 12-14k BOE/d for remaining 5 months.
- Full-year capex unchanged $1.725B; LOE raised $50M to $1.470B; adjusted production guidance reduced ~2%.
- Net debt $5B (down from $6.7B); expect ~$3B FCF in 2022, at least $1.8B returned to shareholders.

## SEC filing metadata
- accession: 0001193125-22-211978
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841666/000119312522211978/0001193125-22-211978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000119312522211978/d378559d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-211978
- JSON: https://secwatch.observer/filing/0001193125-22-211978.json
- Plain text: https://secwatch.observer/filing/0001193125-22-211978.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.