APA Corporation Provides First-Quarter 2025 Supplemental Information and Schedules Results Conference Call for May 8 at 10 a.m. Central Time

Core Insights - APA Corporation provided supplemental information regarding its first-quarter 2025 financial and operational results, indicating that actual results may vary based on unlisted factors [1] Financial Performance - Estimated average realized prices for Q1 2025 are as follows: - Oil: $72.40 per barrel in the U.S. and$75.10 internationally - NGL: $28.00 per barrel in the U.S. and$51.00 internationally - Natural Gas: $2.00 per Mcf in the U.S. and$4.15 internationally [2] - The company reported a net gain on oil and gas purchases and sales of $120 million before tax, with dry hole costs amounting to$12 million before tax and general and administrative expenses of $115 million [2] Production Update - APA curtailed approximately 8 million cubic feet per day (MMcf/d) of U.S. natural gas production and 500 barrels per day of U.S. natural gas liquids production in response to weak Waha hub prices, which was not anticipated in the February guidance [3] Shareholder Information - The estimated weighted-average basic common shares for Q1 2025 is 364 million, a decrease from 369 million shares in Q4 2024. The company repurchased 4.4 million shares at an average price of$22.87 per share during the first quarter [4] Upcoming Events - APA will host a conference call to discuss its first-quarter 2025 results on May 8 at 10 a.m. Central time, which will be available for replay on the company's website for one year [5] Company Overview - APA Corporation engages in the exploration and production of oil and natural gas in the U.S., Egypt, and the U.K., and also explores offshore Suriname and other locations [6]