APA Q1 prelim: U.S. natural gas realized price negative ($0.35/Mcf); curtailments continue

APA Corp

2026-Q1 EPS reported $1.26

U.S. oil realized $72.50/bbl, NGL $19.80/bbl; natural gas negative $(0.35)/Mcf.
International oil $85.70/bbl, NGL $49.20/bbl; natural gas $4.60/Mcf.
Curtailed 88 MMcf/d of U.S. natural gas and 6,800 bpd of NGL due to weak Waha prices.
Dry hole costs $11M before tax; net gain on oil/gas purchases & sales $244M (incl. $66M realized derivative loss).
G&A $115M; includes $25M higher stock-based comp from share price increase.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

APA Corp reported preliminary financial results for the fiscal quarter ended March 31, 2026.

Period: the fiscal quarter ended March 31, 2026
Result: preliminary results

Exact text from the filing

On April 14, 2026, APA Corporation issued a press release announcing supplemental information regarding certain financial and operating results for the fiscal quarter ended March 31, 2026.

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Source: SEC EDGAR

accession 0001841666-26-000021

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