earnings
confidence high
sentiment positive
materiality 0.75
APA beats Q3 2025 production guidance, raises Q4 outlook; net debt down $431M
APA Corp
2025-Q3 EPS reported
$3.20
- Net income $205M ($0.57 diluted EPS); adjusted earnings $332M ($0.93 adjusted diluted EPS).
- Reported production 464k BOE/d; exceeded guidance in all three regions; US oil 121k bbl/d.
- Reduced net debt by $431M to ~$4.0B; generated $339M free cash flow; returned $154M to shareholders.
- Accelerated cost savings: $350M run-rate by year-end 2025 (2 years early); additional $50-100M target by 2026.
- Q4 guidance raised: US oil to 123k bbl/d; Egypt gas production expected to grow.
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