APA · News · 20260804N

Net Income and Profitability

APA Corp · 2026-08-04 · Importance 53 · Surprise 48

APA reported second-quarter 2026 net income of $747 million, or $2.11 per diluted share, while adjusted EPS was $1.89. Net income increased 24% year over year, supported by higher realized crude prices and operational cost reductions. Free cash flow represented a 31.1% margin, despite flat year-over-year oil production and lower overall output.

Key facts

• Last quarter, the company exceeded revenue expectations with $2.14 billion and beat EPS estimates. source
• APA was highlighted for its strong free cash flow generation, attractive valuation, and leveraged position in a structurally undersupplied global energy market. source