APA · 10-Q · 2026Q2 · Full report

Sinopec Distributions

APA Corp · 2026-08-06 · Importance 47 · Surprise 48

Sinopec International Petroleum Exploration and Production Corporation holds a one-third minority participation interest in APA’s oil and gas operations in Egypt. APA paid Sinopec $164 million in cash distributions during the first six months of 2026. The distribution declined 24% from $217 million in the first six months of 2025, reducing cash paid to the noncontrolling interest by $53 million.

Key facts

• During the first six months of 2026, the Company paid $164 million in cash distributions to Sinopec. source
• During the first six months of 2025, the Company paid $217 million in cash distributions to Sinopec. source