APA

Q1 FY2026 EarningsQ2 FY26 preliminary data reflects significant regional price divergence, with U.S. natural gas realized at a negative ($2.20)/Mcf compared to $4.80/Mcf internationally. The company curtailed 137 MMcf/d of U.S. natural gas and 12,300 bbl/d of NGLs due to weak Waha hub pricing. Despite these headwinds, APA achieved a $345M net gain on oil/gas transactions and repurchased 2.8 million shares for $98.7M. Estimated weighted-average shares outstanding for the quarter stand at 353 million.