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AI brief of an SEC Form 8-K · APA (APA)

APA Q3 net income rises to $698 million; 2026 free cash flow outlook raised

Positive Impact 4 of 5 earnings

APA reported third-quarter 2026 net income attributable to common stock of $698 million, or $2.00 per diluted share, up from $205 million, or $0.57 per diluted share, a year earlier. Total revenues rose to $2.77 billion from $2.1 billion, and the company raised its 2026 free cash flow outlook to approximately $2.9 billion, which it says supports larger shareholder returns and debt reduction.

Key points

  • Q3 2026 net income of $698 million ($2.00 diluted per share) vs. $205 million ($0.57) in Q3 2025; adjusted earnings were $676 million ($1.94 per diluted share)
  • 2026 free cash flow outlook increased to approximately $2.9 billion, up $600 million from the August update
  • Returned $537 million to shareholders in Q3, including $450 million of share repurchases; net debt target lowered to $2 billion
  • Preliminary 2027 upstream capital budget of $2.5 billion; full-year 2026 lease operating expense guidance raised $25 million to $1,525 million

The filing

CompanyAPA (APA)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:34 PM ET
Accession number0001841666-26-000063

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.