---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-252752"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:49:45.969759+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# APA Q3 2024: adjusted EPS $1.00 beats; GAAP loss $0.60 on impairments; FID on Suriname

## Summary
- Adjusted earnings $370M ($1.00/diluted share); GAAP net loss $223M ($0.60/sh) from U.K. and Permian impairments.
- Reported production 467k BOE/d; adjusted (ex-Egypt noncontrolling & tax barrels) 395k BOE/d, ~2% above guidance.
- Announced final investment decision on 220k bbl/d oil project in Suriname (GranMorgu), targeting first oil in 2028.
- Signed $950M non-core Permian Basin divestiture package; reduced net debt by $275M; credit rating upgraded to BBB- by S&P.
- 2025 preliminary capex budget $2.5-2.6B (incl. $200M Suriname); expects adjusted oil production roughly flat in US/Egypt.

## SEC filing metadata
- accession: 0001193125-24-252752
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1841666/000119312524252752/0001193125-24-252752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000119312524252752/d875718d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-252752
- JSON: https://secwatch.observer/filing/0001193125-24-252752.json
- Plain text: https://secwatch.observer/filing/0001193125-24-252752.txt

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