APA · News · 20260804N

Geographic Market Commentary

APA Corp · 2026-08-04 · Importance 26 · Surprise 24

APA is expanding or progressing operations across multiple international regions, including Egypt, Uruguay, Suriname and Alaska. Suriname’s GranMorgu project is positioned as a future production growth driver, with first oil targeted for mid-2028. Exploration efforts in Alaska and Uruguay provide additional optionality, while Egypt represents an area of expanded international operations. In the United States, the Permian remains focused on capital efficiency and increased oil output.

Key facts

• APA declined despite meeting expectations in Q2 2026, as noted by Hotchkis & Wiley Mid-Cap Value Fund. source