APA · 8-K · 20260805PR000050

Net Income and Profitability

APA Corp · 2026-08-05 · Importance 59 · Surprise 48 · In source text

Second-quarter net income attributable to common stock increased 24% year over year to $747 million, or $2.11 per diluted share, from $603 million, or $1.67 per diluted share. Adjusted earnings increased to $669 million, or $1.89 per diluted share, from $313 million, or $0.87 per diluted share. Adjusted EBITDAX increased 41% to $1.837 billion from $1.299 billion, while free cash flow increased to $738 million from $134 million. The improvement reflected higher oil revenue, lower purchased oil and gas costs of negative $122 million versus $304 million of expense, and lower depreciation, depletion and amortization of $504 million versus $530 million.

Key facts

• Net income attributable to common stock for second-quarter 2026: $747 million, or $2.11 per diluted share source
• Adjusted earnings for second-quarter 2026: $669 million, or $1.89 per diluted share source
• Adjusted EBITDAX for second-quarter 2026: $1.8 billion source

Impact estimates