Reports Q2 revenue $1.96B, consensus $1.71B. “APA delivered a strong second quarter, driven by steady operational execution and ongoing cost management,” said John J. Christmann IV, APA’s CEO and president. “Global adjusted production was at the high end of expectations, led by above-guidance oil production growth in the Permian Basin. In Suriname, appraisal of the Krabdagu fairway is ongoing. While there is more technical work to do, the results to date have provided more confidence as we advance toward developing the country’s first offshore oil hub.”
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