APA · 8-K · 20260805PR000050

Revenue Performance and Mix

APA Corp · 2026-08-05 · Importance 43 · Surprise 32 · No source text

Second-quarter total revenue and other income declined 8% year over year to $2.399 billion from $2.612 billion. Oil revenues increased 32% to $1.826 billion, supported by a 50% increase in the average oil price to $98.24 per barrel. Natural gas revenues fell 78% to $41 million as the average natural gas price declined to $0.60 per Mcf from $2.28, while natural gas liquids revenue increased 11% to $170 million. Purchased oil and gas sales decreased 27% to $336 million, and derivative gains declined to $8 million from $138 million.

Key facts

• Total revenues for quarter ended June 30, 2026: $2,373 million (tabular 'Total revenues' line) source
• Oil revenues for the quarter ended June 30, 2026: $1,826 million source
• Purchased oil and gas sales for quarter ended June 30, 2026: $336 million source
• Natural gas revenues for the quarter ended June 30, 2026: $41 million source

Impact estimates