secwatch.observer — SEC 8-K summary
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Issuer:     APA Corp (APA)
CIK:        0001841666
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001193125-25-038008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841666/000119312525038008/0001193125-25-038008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841666/000119312525038008/d886649d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-038008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer