The company said net income attributable to common stock for Q2 2024 was $541 million, or $1.46 per diluted share, and adjusted earnings were $434 million, or $1.17 per diluted share.

1. 01

   The company said net income attributable to common stock for Q2 2024 was $541 million, or $1.46 per diluted share, and adjusted earnings were $434 million, or $1.17 per diluted share.

2. 02

   APA said reported production for Q2 was 473,000 BOE per day, and adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was 405,000 BOE per day. U.S. oil production was 139,500 barrels per day, up 67% from Q1, and the company cited the addition of Callon as a driver.

3. 03

   The company said net cash provided by operating activities for Q2 was $877 million, and adjusted EBITDAX was $1.6 billion. It said it returned $135 million of free cash flow to shareholders through dividends and share buybacks in Q2.

4. 04

   The company said integration of the Callon acquisition is proceeding ahead of schedule. It revised its annual cost synergies estimate to $250 million, which it said is $100 million above its initial estimate.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

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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