earnings
confidence high
sentiment neutral
materiality 0.70
APA Corp reports FY2024 adj. EPS $3.77, FCF $841M; 2025 capex $2.5-$2.6B
APA Corp
2024-FY EPS reported
$2.27
- Q4 net income $354M ($0.96 diluted); adjusted net income $290M ($0.79 per share).
- Full-year net cash from ops $3.6B, adjusted EBITDAX $5.9B, free cash flow $841M.
- Returned $599M to shareholders (71% of FCF): $246M buybacks, $353M dividends.
- 2025 upstream capex budget $2.5-$2.6B; total adjusted production target 396K BOE/day.
- Cost-saving initiatives targeting $350M in annual run-rate savings by year-end 2027.