APA Corp reports higher U.S. oil prices in Q3

By Ahmed Jamerson • Thursday, October 08 10:51 • Permanent Link

APA Corp. said third-quarter 2026 average realized prices were higher in the U.S. than overseas, with U.S. oil at $87.50 a barrel, NGLs at $26.00 a barrel and natural gas at $1.45 per mcf. Internationally, oil averaged $98.50 a barrel, NGLs $155.00 a barrel and natural gas $5.00 per mcf.

The company said Egypt tax barrels averaged 36 mboe/d in the quarter. Dry-hole costs before tax were $25 million.

APA also reported a net gain on oil and gas purchases and sales before tax of $190 million, including an $8 million realized gain from commodity derivatives.

The company said weighted-average basic common shares for the quarter were 348 million. During the quarter, APA repurchased 10.5 million shares at an average price of $42.78 each.

General and administrative expenses totaled about $115 million in the quarter, including $56 million of stock-based compensation. As a result of these announcements, the company's shares have moved -0.66% on the market, and are now trading at a price of $43.81. If you want to know more, read the company's complete 8-K report here.

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