secwatch.observer — SEC 8-K summary
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Issuer:     APA Corp (APA)
CIK:        0001841666
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001193125-24-042211
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APA Q4 net income $1.8B ($5.78/sh); 2024 guides flat production, 8% US oil growth
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- Q4 net income $1.8B ($5.78 diluted EPS); adjusted net income $352M ($1.15 diluted EPS).
- Full-year 2023 net cash from ops $3.1B, adjusted EBITDAX $5.3B, free cash flow $965M.
- Returned $637M to shareholders (66% of FCF) via $329M buybacks and $308M dividends.
- US oil production up 12% Q4 vs Q4 2022; total company oil up 8% YoY; 2024 capex $1.9-2.0B.
- Identified 700M barrels recoverable at Sapakara/Krabdagu in Suriname; pending Callon acquisition accretive.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841666/000119312524042211/0001193125-24-042211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841666/000119312524042211/d787525d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-042211

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