APA Corporation (APA)

In April 2025, APA provided supplemental information for its first quarter, noting curtailment of natural gas and NGL production due to weak Waha hub prices and repurchased 4.4 million shares. APA also announced a successful flow test at the Sockeye-2 exploration well in Alaska's North Slope. In July 2025, APA divested assets in New Mexico, generating $575 million in net proceeds and reducing U.S. production, while continuing to curtail natural gas and NGL production. In August 2025, APA announced strong second-quarter results, reporting a consolidated net income of $603 million and an adjusted net income of $313 million, and declared regular cash dividends. In October 2025, APA's stock price increased after the U.S. imposed sanctions on Russia's oil companies, and Pacific Heights Asset Management LLC increased its holding in APA Corporation. APA also announced a partnership with Palantir Technologies Inc. to enhance operational efficiency through AI.

Demand for APA Corporation's products is subject to seasonality. Natural gas and heating oil demand surges in winter, while gasoline demand rises in summer. Crude oil inventories increase from February to May and decrease from June to August. LNG demand also exhibits high seasonality, with peaks in winter in most Northern Hemisphere markets.

APA Corporation is an independent energy company involved in the exploration, development, and production of natural gas, crude oil, and natural gas liquids (NGLs), operating within the Energy sector, specifically in the Oil & Gas Exploration & Production industry.

APA Corporation has significant oil and gas operations in the United States, Egypt, and the North Sea (offshore the U.K.). In the U.S., its activities are mainly concentrated in the Permian Basin, with exposure to the Midland Basin, Delaware Basin, and Central Basin Platform/Northwestern Shelf. APA also has exploration activities offshore Suriname and holds interests in Uruguay, Alaska, and other international locations.

APA Corporation's brand reputation has been influenced by its commitment to sustainability and operational decisions. The company released its 2025 Sustainability Publications and shareholders have backed the board and the company's climate plan, despite some backlash. APA emphasizes sustainable growth, setting targets to reduce greenhouse gas emissions, improve energy efficiency, and explore opportunities in renewable energy and carbon capture technologies.

APA Corporation's ownership is predominantly institutional, with major holders including Vanguard Group Inc., Hotchkis & Wiley Capital Management Llc, Harris Associates L P, State Street Corp, BlackRock, Inc., Charles Schwab Investment Management Inc, Dimensional Fund Advisors Lp, and Invesco Ltd. Institutional investors hold a significant portion of APA's stock, while individual investors and insiders hold a smaller percentage.