APA Corporation today provided supplemental information regarding its second-quarter 2026 financial and operational results, offering investors insight into current estimates before the finalization of the reporting process. The company disclosed estimated average realized prices across its U.S. and international operations, alongside details on production curtailments and share repurchases. This information is intended to assist analysts and investors in formulating their own estimates, though actual results may vary.

Estimated Average Realized Prices

APA reported estimated average realized prices for the second quarter, with significant variances between regions and commodities. In the United States, oil prices averaged $93.20 per barrel, while international oil prices reached $99.90 per barrel. Natural gas prices in the U.S. were negative at ($2.20) per Mcf, contrasting with international prices of $4.80 per Mcf.

Operational and Financial Updates

The company reported Egypt tax barrels of 36 MBoe/d and incurred dry hole costs of $41 million before tax. APA recorded a net gain on oil and gas purchases and sales of $345 million before tax, which includes a $109 million realized loss from commodity derivatives.

Production Curtailments

In response to weak or negative Waha hub prices, APA curtailed approximately 137 MMcf/d of U.S. natural gas production and 12,300 barrels per day of U.S. natural gas liquids production during the second quarter.

Share Repurchases and Expenses

The estimated weighted-average basic common shares for the second quarter are 353 million. APA repurchased 2.8 million shares at an average price of $35.25 per share during the period. General and administrative expenses totaled $65 million, including approximately $10 million in stock-based compensation driven by mark-to-market impacts.

Conference Call Details

APA will host a conference call to discuss its second-quarter 2026 results at 10 a.m. Central time on Thursday, Aug. 6. The call will be webcast on the company’s website, with a replay available for one year following the event.

APA Corporation released its 2026 Sustainability Progress Report, detailing advancements in emissions performance, water stewardship, employee engagement, and community investment during 2025. The report outlines APA's sustainability management approach and provides updates on its priorities for the year.

"Our sustainability report reflects the dedication of our employees and our continued commitment to responsible operations," said APA CEO John J. Christmann IV. "Throughout 2025, we continued to advance our sustainability priorities while supporting the communities where we operate and delivering the energy the world needs."

APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt, and the United Kingdom. The company also explores for oil and natural gas offshore Suriname and elsewhere.

The report is available on APA's website, offering stakeholders insights into the company's environmental and social initiatives. APA posts announcements, operational updates, investor information, and press releases on its website.

For more details on APA's sustainability management approach and 2025 highlights, stakeholders can visit the company's official sustainability portal.