APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, ...
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Est. EPS $5.80 · Revenue $8.77B · 14 analysts
Est. EPS $1.00 · Revenue $2.01B · 6 analysts
Est. EPS $1.03 · Revenue $2.02B · 12 analysts
Est. EPS $4.12 · Revenue $8.03B · 15 analysts
$1.00 per share
$1.00 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $8.9B | -8.4% | +3.1% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.4B | +78.4% | +67.5% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +37.3% | -15.5% | -98.6% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +30.8% | -6.2% | -228.1% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +16.1% | +94.7% | +62.5% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $1.8B | +131.3% | +9375.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +19.9% | +152.5% | +9090.6% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 78.9% | -32.4% | -21.3% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 0.82x | -28.4% | +2.9% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $19.0B | -2.0% | -0.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 3.99 vs 3.54 | +12.6% | 2.11 vs 1.00 | +110.4% |
| Revenue Surprise | $8.9B vs $7.9B | +12.9% | $2.4B vs $2.0B | +19.5% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | Weaving Anya | director | Common Stock | A | 1,535 | — |
| Jun 30, 2026 | STOVER DAVID L | director | Common Stock | A | 1,535 | — |
| Jun 30, 2026 | Ragauss Peter A | director | Common Stock | A | 1,535 | — |
| Jun 30, 2026 | McKay Lamar | director | Common Stock | A | 2,302 | — |
| Jun 30, 2026 | Joung Chansoo | director | Common Stock | A | 1,535 | — |
Operator: Good day, and thank you for standing by. Welcome to APA Corporation's second quarter 26 Financial and Operational Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. During the session, please press 1-1 on your telephone. And you will hear an automated message advising your hand is raised. To withdraw your question, please press 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand it over to your first speaker, Stephane Aka, Managing director, investor relations. Stephane Aka: Good morning. And thank you for joining us on APA Corporation's Second Quarter 26 Financial and Operational Results Conference Call. We will begin the call with an overview by CEO, John J. Christmann. Ben C. Rodgers, CFO, will share further color on our results and outlook. Stephen J. Riney, President, And Tracey K. Henderson, executive vice president of exploration, are also on the call and available to answer questions. We will start with prepared remarks and allocate the remainder of the time to Q&A. In conjunction with yesterday's press release, I hope you have had the opportunity to review our financial and operational supplement which can be found on our investor relations website at investor.apacorp.com. Please note that we may discuss certain non GAAP financial measures. A reconciliation of the differences between these measures and the most directly comparable GAAP financial measures can be found in the supplemental information provided on our website. Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to noncontrolling interest in Egypt and Egypt tax barrels. I would like to remind everyone that today's discussion will contain forward looking estimates and assumptions based on our current views and reasonable expectations. However, a number of factors could cause actual results to differ materially from what we discuss on today's call. A full disclaimer is located with the supplemental information on our website. And with that, I will turn the call over to John J. Christmann. John J. Christmann: Good morning. And thank you for joining us. Today, I will review our second quarter 26 results, outline continued progress across our portfolio and share our updated outlook for the remainder of the year. Last quarter, I reviewed the pillars guiding APA strategy. Delivering top tier operational performance, building and growing a high quality portfolio, and maintaining financial discipline. Overarching all of this is our long term strategic commitment to oil and gas. Our second quarter results demonstrate continued momentum consistent with each of these priorities. Operational performance remains strong, costs are declining, both the scale and quality of our portfolio are improving, we continue to strengthen our balance sheet. At the core of our strategy …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
John J. Christmann | Chief Executive Officer & Director | USD 5,286,085 | Male | 1967 | Active |
Stephen J. Riney | President | USD 3,400,459 | Male | 1961 | Active |
Kimberly O. Warnica | Executive Vice President, Chief Legal Officer & Corporate Secretary | USD 2,372,748 | Female | 1974 | Active |
Tracey K. Henderson | Executive Vice President of Exploration | USD 2,019,140 | Female | 1967 | Active |
Ben C. Rodgers | Executive Vice President & Chief Financial Officer | USD 1,793,169 | Male | 1980 | Active |
Mark D. Maddox | Executive Vice President of Administration | USD 1,381,793 | Male | 1967 | Active |
Robert Rayphole | Vice President, Chief Accounting Officer & Controller | — | Male | 1974 | Active |
Scott R. Grandt | Senior Vice President of U.S. Assets & Corporate Development | — | Male | — | Active |
Aneil Kochar | VP & Treasurer | — | Male | — | Active |
Mandeep Walia | Vice President & Chief Information Officer | — | Male | — | Active |
Stephane Aka | Managing Director of Investor Relations | — | Male | — | Active |
Jessica Jackson | Senior Vice President of EH&S, Supply Chain and Midstream and Marketing | — | Female | — | Active |
The headline numbers for APA (APA) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
APA raised its U.S. oil outlook and cost-savings target while holding capital steady and advancing exploration plans for 2027.
APA Corporation (APA) Q2 2026 Earnings Call Transcript
APA NASDAQ: APA reported second-quarter 2026 net income of $747 million, or $2.11 per diluted share, as operational performance and cost-cutting initiatives supported free cash flow generation across its portfolio.
Although the revenue and EPS for APA (APA) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
