The company said it reported a net loss attributable to common stock for Q3 2024 of $223 million, or $0.60 per diluted share, and cited non-cash impairments of assets in the U.K. and assets held for sale in the Permian Basin as the main factors. Adjusted earnings were $370 million, or $1.00 per diluted share.

1. 01

   The company said it reported a net loss attributable to common stock for Q3 2024 of $223 million, or $0.60 per diluted share, and cited non-cash impairments of assets in the U.K. and assets held for sale in the Permian Basin as the main factors. Adjusted earnings were $370 million, or $1.00 per diluted share.

2. 02

   The company said reported production for Q3 2024 was 467,000 BOE per day, and adjusted production, excluding the Egypt noncontrolling interest and tax barrels, was 395,000 BOE per day, about 2% ahead of guidance.

3. 03

   APA said net cash provided by operating activities for Q3 2024 was $1.3 billion and adjusted EBITDAX was $1.6 billion. It said it reduced net debt by $275 million in the same quarter and returned $94 million of free cash flow to shareholders through dividends and share buybacks.

4. 04

   The company said it announced a final investment decision (FID) on an oil development project in Suriname with 220,000 barrels per day of capacity, and also announced a non-core Permian divestiture package of $950 million.

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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