HighGravityDataAPA Corporation — Aug 5, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001841666-26-000050
Showing in the filing
Lease operating expenses
“lowered by $25 million to $1.5 billion”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 7
U.S. capital for FY2026
“$1.3 billion”
Return of free cash flow to shareholders for FY2026
“at least 60% of free cash flow”
Return to shareholders (capital returns) for FY2026
“at least 60% of free cash flow”
Exit run-rate cost savings for FY2026
“approximately $500 million”
U.S. oil production outlook for FY2026
“123,000 barrels of oil per day”
Total company upstream capital investment for FY2026
“$2.07 billion”
Lease operating expenses for FY2026
“lowered by $25 million to $1.5 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
Total company upstream capital investment is expected to be $2.07 billion, reflecting slightly lower exploration spend due to a shift in timing of Suriname Block 58 exploration activity. Lease operating expenses guidance has been lowered by $25 million to $1.5 billion, reflecting ongoing cost savings. APA CORPORATION ANNOUNCES SECOND-QUARTER 2026 FINANCIAL AND OPERATIONAL RESULTS — PAGE 4 of 6 Conference call APA will host a conference call to discuss its second-quarter 2026 results at 10 a.m. Central time, Thursday, Aug. 6. 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 . Additional information Additional information follows, including reconciliations of adjusted earnings, adjusted EBITDAX, upstream capital investment, net debt, cash flows from operations before changes in operating assets and liabilities, and free cash flow (non-GAAP financial measures) to GAAP measures and information regarding adjusted production. APA’s quarte
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.