APA · 8-K · 20260805PR000050
Guidance / Outlook
APA Corp · 2026-08-05 · Importance 75 · Surprise 60 · In source text
APA raised its full-year 2026 U.S. oil production outlook to 123,000 barrels per day while maintaining U.S. capital spending at $1.3 billion. Total 2026 upstream capital investment is expected to be $2.07 billion, reflecting slightly lower exploration spending because of a timing shift in Suriname Block 58 activity. Lease operating expense guidance was reduced by $25 million to $1.5 billion, reflecting ongoing cost savings.
Key facts
- Full-year 2026 U.S. capital maintained at $1.3 billion while U.S. oil production outlook raised to 123,000 barrels of oil per day source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Full-year 2026 U.S. capital maintained at $1.3 billion while U.S. oil production outlook raised to 123,000 barrels of oil per day |