Apa Corp reports third quarter operational results and share repurchases

APA Corp (APA) issued a regulatory filing on Tuesday providing supplemental financial and operational estimates for the third quarter ended September 30, 2026.

The company reported estimated average realized prices for oil, natural gas liquids, and natural gas across its domestic and international operations. In the United States, estimated average realized oil prices were $87.50 per barrel, natural gas liquids were $26.00 per barrel, and natural gas was $1.45 per Mcf. Internationally, estimated average realized prices reached $98.50 per barrel for oil, $155.00 per barrel for natural gas liquids, and $5.00 per Mcf for natural gas.

The company stated that the international natural gas liquids price increase compared to prior quarters primarily reflected low volumes and the timing of revenue recognition. Egypt tax barrels were recorded at 36 MBoe per day.

Dry hole costs before tax totaled $25 million during the period. The net gain on oil and gas purchases and sales before tax reached $190 million, which included an $8 million realized gain from commodity derivatives.

Estimated weighted-average basic common shares for the third quarter were 348 million. The company repurchased 10.5 million shares at an average price of $42.78 per share during the quarter.

General and administrative expenses totaled approximately $115 million during the third quarter. This figure included $56 million of stock-based compensation, which mostly reflected the mark-to-market impacts of the company's share price during the quarter.

APA Corp scheduled a conference call to discuss its third-quarter 2026 results for 10 a.m. Central time on Thursday, Nov. 5.