secwatch.observer — SEC 8-K summary
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Issuer:     APA Corp (APA)
CIK:        0001841666
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001193125-23-202399
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APA Corp Q2 net income $381M ($1.23 EPS); cuts 2023 capex guidance to $1.9B
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- Net income $381M ($1.23 diluted EPS); adjusted earnings $264M ($0.85 diluted EPS).
- Reported production 399K BOE/d; adjusted 325K BOE/d; free cash flow $94M.
- Returned 131% ($123M) of free cash flow to shareholders in Q2.
- Full-year upstream capex guidance reduced to $1.9B; LOE outlook lowered to $1.4B.
- Suriname Krabdagu-3 appraisal confirms oil resource extension 14 km from discovery.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841666/000119312523202399/0001193125-23-202399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841666/000119312523202399/d502400d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-202399

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