earnings
confidence high
sentiment positive
materiality 0.72
APA Q4 EPS $0.79 ($0.91 adjusted), free cash flow $425M; 2026 capex down 10%
APA Corp
2025-FY EPS reported
$3.99
- Q4 net income $279M ($0.79 diluted EPS); adjusted EPS $0.91; free cash flow $425M.
- Full-year 2025 adjusted EBITDAX $5.4B, FCF $1.0B; returned $640M to shareholders.
- Year-end proved reserves +9% to 1,056M BOE; total debt <$4.5B, net debt <$4B.
- 2026 capex $2.1B (-10% YoY); adjusted production outlook 371k BOE/d (decline due to North Sea/U.S. gas/asset sales).
- Achieved $350M run-rate cost savings; new target $450M by year-end 2026. Permian inventory validated ~10 years economic.
item 2.02item 9.01