earnings
confidence high
sentiment positive
materiality 0.80
APA Q2 net income $603M ($1.67 EPS); beats guidance, reduces debt 15%
APA Corp
2025-Q2 EPS reported
$2.62
- Net income $603M ($1.67 diluted EPS); adjusted earnings $313M ($0.87).
- Production 465k BOE/d (394k adjusted); cut Permian rigs from 8 to 6 while flat volumes.
- Net debt reduced >15% ($850M); returned $140M to shareholders via dividends and buybacks.
- Accelerated cost savings: $350M run-rate in 2026 vs prior goal of year-end 2027; 2025 target raised to $200M.
- Secured 2M additional acres in Egypt via presidential approval, increasing footprint >35%.
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