---
schema_version: "secwatch.filing_event.v1"
accession: "0001841666-26-000021"
form_type: "8-K"
ticker: "APA"
cik: "0001841666"
company_name: "APA Corp"
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:25:57.004887+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001841666-26-000021
- form_type: 8-K
- ticker: APA
- cik: 0001841666
- company_name: APA Corp
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841666/000184166626000021/0001841666-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841666/000184166626000021/apa8k-20260414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001841666-26-000021
- JSON: https://secwatch.observer/filing/0001841666-26-000021.json
- Plain text: https://secwatch.observer/filing/0001841666-26-000021.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841666/000184166626000021/0001841666-26-000021-index.htm

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