---
schema_version: "secwatch.filing_event.v1"
accession: "0001841666-26-000012"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:27:00.356752+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# APA Q4 EPS $0.79 ($0.91 adjusted), free cash flow $425M; 2026 capex down 10%

## Summary
- 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.

## SEC filing metadata
- accession: 0001841666-26-000012
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841666/000184166626000012/0001841666-26-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000184166626000012/apa8k-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841666-26-000012
- JSON: https://secwatch.observer/filing/0001841666-26-000012.json
- Plain text: https://secwatch.observer/filing/0001841666-26-000012.txt

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