APA Expects $2.9 Billion in Free Cash Flow for 2026

By Public Technologies
  • APA forecasts 2026 free cash flow of $2.9 billion, with upstream capital spending of $2.1 billion.
  • Full-year U.S. oil production guidance rose to 124,000 barrels daily following third-quarter output that exceeded guidance by 4,000 barrels daily.
  • Expected November-December share repurchases total about $650 million; year-end net debt is projected at about $3 billion.
  • Annualized savings remain on track to exceed $680 million, including more than $180 million in achieved interest savings.
  • Preliminary 2027 upstream capital spending totals $2.5 billion, targeting similar year-over-year U.S. and Egypt production.


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