APA Corporation Q2 Earnings Preview: Revenue and Earnings Estimates

APA Corporation is set to release Q2 earnings on Aug. 6, with a bottom-line estimate of a profit of 45 cents on revenues of $2.07 billion. The company's Q1 earnings beat the consensus mark due to better-than-expected production volumes and commodity prices. The Q2 estimate has remained unchanged in the past seven days, indicating a 61.54% decline year over year. Revenues are predicted to drop 31.4% year over year due to lower production volumes and market prices for oil and gas. Costs are expected to decrease by 18.5% from the year-ago period's level.

APA Corporation (NASDAQ: APA) is set to release its Q2 earnings on August 6, with a bottom-line estimate of 45 cents on revenues of $2.07 billion. The company's Q1 earnings beat the consensus mark due to better-than-expected production volumes and commodity prices. The Q2 estimate has remained unchanged in the past seven days, indicating a 61.54% decline year over year. Revenues are predicted to drop 31.4% year over year due to lower production volumes and market prices for oil and gas. Costs are expected to decrease by 18.5% from the year-ago period's level [3].

The broader market sentiment has been cautious, with Australian shares falling nearly 1% due to investors exiting the market. Westpac's cautious optimism on Q2 retail sales and warnings of temporary gains, along with rising US-Canada tariff tensions, may have contributed to the negative market sentiment [1]. APA Corporation's stock price dropped 3.06% intraday, reflecting this broader market decline.

Investment management company Hotchkis & Wiley highlighted APA Corporation in its second-quarter 2025 investor letter. The company engages in oil and natural gas exploration, development, and production. Despite the company's potential, Hotchkis & Wiley believes certain AI stocks offer greater upside potential and carry less downside risk. APA Corporation's one-month return was 0.97%, and its shares lost 36.90% of their value over the last 52 weeks [2].

Analysts expect APA Corporation to post quarterly earnings of $0.45 per share, representing a year-over-year change of -61.5%. Revenues are expected to be $2.07 billion, down 25.8% from the year-ago quarter. The consensus EPS estimate has been revised 4% higher over the last 30 days [3]. However, the Earnings ESP of 0% combined with its Zacks Rank of #3 makes it difficult to conclusively predict that APA will beat the consensus EPS estimate.

Investors should pay attention to other factors besides earnings surprises, as they can influence the stock's performance. The company's ability to manage costs and navigate market conditions will be crucial in the coming quarters.

References:
[1] https://www.ainvest.com/news/apa-corporation-shares-fall-3-06-intraday-broader-market-decline-australian-shares-2508/
[2] https://finance.yahoo.com/news/why-apa-corp-apa-shares-131904798.html
[3] https://finance.yahoo.com/news/earnings-preview-apa-apa-q2-140010508.html