APA Corporation Provides First-Quarter 2026 Supplemental Information and Schedules Results Conference Call for May 7 at 10 a.m. Central Time

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[{"type":"text","content":"HOUSTON, April 14, 2026 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain first-quarter 2026 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first quarter of 2026. It is provided to assist investors, analysts and others in formulating their own estimates and is not intended to be a comprehensive presentation of all factors that will affect first-quarter 2026 results. Actual results and the impact of factors identified here may vary and are subject to finalization of the financial reporting process for the first quarter of 2026. Estimated Average Realized Prices – 1Q26 Oil (bbl)NGL (bbl)Natural Gas (Mcf)United States$72.50$19.80($0.35) International$85.70$49.20$4.60 Egypt tax barrels:43 MBoe/dDry hole costs (before tax):$11 millionNet gain on oil and gas purchases and sales (before tax)*:$244 millionGeneral and administrative expenses:$115 million *Includes $66 million realized loss from commodity derivatives Production update APA curtailed approximately 88 MMcf/d of U.S. natural gas production and 6,800 barrels per day of U.S. natural gas liquids production in the first quarter in response to weak or negative Waha hub prices. General and administrative During the first quarter, APA incurred general and administrative expenses totaling $115 million. This includes approximately $25 million of higher-than-expected stock-based compensation, reflecting mark-to-market impacts of APA’s share price increase during the quarter. First-quarter 2026 earnings call APA will host a conference call to discuss its first-quarter 2026 results at 10 a.m. Central Time, Thursday, May 7. The conference call will be webcast from APA’s website at www.apacorp.com and investor.apacorp.com. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website. About APA APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com. Forward-Looking St...

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