---
schema_version: "secwatch.filing_event.v1"
accession: "0001673379-25-000013"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:28:08.372765+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# APA Q1 adj EPS $1.06 beats; cuts capex $150M; sells NM assets for $608M

## Summary
- Net income $347M ($0.96 dil EPS); adjusted earnings $385M ($1.06 dil EPS).
- Adjusted production 398K BOE/d; U.S. oil guidance maintained 125-127K bbl/d.
- 2025 development capital cut $150M; expected savings doubled to $130M; run-rate target $225M.
- Sold New Mexico Permian assets to Permian Resources for $608M; proceeds for debt reduction; close late Q2.
- Sockeye-2 Alaska discovery well; flow test showed better reservoir quality.

## SEC filing metadata
- accession: 0001673379-25-000013
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1841666/000167337925000013/0001673379-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000167337925000013/apa8k-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001673379-25-000013
- JSON: https://secwatch.observer/filing/0001673379-25-000013.json
- Plain text: https://secwatch.observer/filing/0001673379-25-000013.txt

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