---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-038008"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:29:13.079249+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# APA Corp reports FY2024 adj. EPS $3.77, FCF $841M; 2025 capex $2.5-$2.6B

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-038008
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841666/000119312525038008/0001193125-25-038008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000119312525038008/d886649d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-038008
- JSON: https://secwatch.observer/filing/0001193125-25-038008.json
- Plain text: https://secwatch.observer/filing/0001193125-25-038008.txt

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