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APA Corporation (APA) Q1 2026 Earnings Call Transcript
2026-05-08 · via All Articles on Seeking Alpha

Q1: 2026-05-06 Earnings Summary

EPS of $1.38 beats by $0.24

 | 

Revenue of

$2.22B

(-15.20% Y/Y)

misses by $1.48M

APA Corporation (APA) Q1 2026 Earnings Call May 7, 2026 11:00 AM EDT

Company Participants

Stephane Aka
John Christmann - CEO & Director
Ben Rodgers - Executive VP & CFO
Stephen Riney - President

Conference Call Participants

Douglas George Blyth Leggate - Wolfe Research, LLC
John Freeman - Raymond James & Associates, Inc., Research Division
Christopher Baker - Evercore ISI Institutional Equities, Research Division
Neal Dingmann - William Blair & Company L.L.C., Research Division
Kevin MacCurdy - Pickering Energy Partners Insights
Leo Mariani - ROTH Capital Partners, LLC, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to the APA Corporation's First Quarter 2026 Financial and Operation Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Stephane Aka, Managing Director of Investor Relations. Sir, please go ahead.

Stephane Aka

Good morning, and thank you for joining us on APA Corporation's First Quarter 2026 Financial and Operational Results Conference Call. We will begin the call with an overview by CEO, John Christmann. Ben Rodgers, CFO, will share further color on our results and outlook. Steve Riney, President; and Tracey Henderson, Executive Vice President of Exploration, are also on the call and available to answer questions.

We will start with prepared remarks and allocate the remainder of time to Q&A. In conjunction with yesterday's press release, I hope you have had the opportunity to review our financial and operational supplement, which can be found on our Investor Relations website at investor.apacorp.com. Please note that we may discuss certain non-GAAP financial measures.

A reconciliation of the differences between these measures and the most directly comparable GAAP financial measures can be found in the supplemental information provided on our website. Consistent with previous reporting practices, adjusted production numbers cited