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APA Corporation Misses Revenue Estimates in Q2 CY2026

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Oil Natural Gas
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APA Corporation (NASDAQ:APA) reported its Q2 CY2026 financial results on August 5th, 2026. The oil and gas producer's revenue rose 2.8% year-over-year to $2.37 billion but fell short of Wall Street's estimates.

The company's non-GAAP profit was $1.89 per share, exceeding analysts' consensus by 1%. APA Corporation's free cash flow margin increased to 31.1%, up from 5.8% in the same quarter last year.

Oil production per day remained unchanged compared to the same period in the previous year, while natural gas production per day was flat.

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