APA said it completed its acquisition of Callon Petroleum Company on April 1, 2024 and paid 1.0425 shares of APA common stock for each eligible share of Callon common stock. The filing is an amendment, 8-K/A, to provide the financial statements and pro forma financial information required under Item 9.01.

1. 01

   APA said it completed its acquisition of Callon Petroleum Company on April 1, 2024 and paid 1.0425 shares of APA common stock for each eligible share of Callon common stock. The filing is an amendment, 8-K/A, to provide the financial statements and pro forma financial information required under Item 9.01.

2. 02

   The company said its pro forma combined net income attributable to common stock for the year ended December 31, 2023 was $4,021 million, with basic net income per share of $10.66, and APA's standalone net income attributable to common stock was $2,855 million.

3. 03

   The company said its pro forma figures reflect the issuance of a $1.5 billion senior unsecured delayed-draw term loan alongside the repayment of Callon's existing debt. It said the loan matures in 3 years and assumes a weighted average interest rate of 7.1%.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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