APA Corp (APA)

AI-Powered SEC Filing Analysis

Current Report Filed: 2026-05-06

Key Insights

  • APA Corporation announced Q1 2026 financial and operating results on May 6, 2026, disclosing the company's performance for the quarter ended March 31, 2026 through a press release.
  • The 8-K filing is a routine earnings announcement with the substantive financial details contained in the attached press release (Exhibit 99.1), which is furnished but not filed under securities regulations.
  • The filing was signed by Robert P. Rayphole, Vice President and Chief Accounting Officer, indicating standard disclosure procedures for a major oil and gas exploration company headquartered in Houston.
Current Report Filed: 2026-04-14

Key Insights

  • APA Corporation announced supplemental financial and operating results for the first quarter of 2026, providing additional details beyond the typical 10-Q filing.
  • The company did not indicate any material changes to its financial performance or guidance, suggesting a generally stable quarter.
  • With no major announcements or surprises, this 8-K filing appears to be routine in nature, providing supplemental information to investors.
Insider Trading Filed: 2026-02-26

Key Insights

  • The reporting person, Robert P. Rayphole, is the VP, CAO & Controller of APA Corp, indicating his position as a key executive.
  • Rayphole acquired 30.6695 phantom stock units of APA common stock, which suggests he may be accumulating company shares as part of his compensation or retirement plan.
  • The transaction price of $28.72 per phantom stock unit provides insight into the current market value of APA's stock.
Insider Trading Filed: 2026-02-26

Key Insights

  • Mark D. Maddox, the Executive VP - Administration of APA Corp, acquired 449.581 phantom stock units on 2026-02-25 at $28.72 per unit.
  • This transaction increases Maddox's total beneficial ownership of APA Corp securities to 6,260.21 phantom stock units, which are payable in APA common stock or cash.
  • Insider transactions can provide insights into management's perspective on the company's outlook and valuation.
Annual Report Filed: 2026-02-26

Key Insights

  • The company reported a decrease in oil and gas production in the US and Egypt during the fiscal year 2025, which could impact revenue.
  • APA has made significant capital investments in the North Sea region, indicating a focus on expanding its operations in this area.
  • The company has incurred substantial separation and integration costs related to the acquisition of Callon Petroleum Company in 2024, which could impact profitability.
Insider Trading Filed: 2026-01-29

Key Insights

  • The reporting person, Ben C. Rodgers, an EVP and CFO at APA Corp, acquired 11,312 shares of common stock through the vesting of restricted stock units (RSUs) and then sold 11,312 shares at $25.36 per share.
  • Rodgers continues to hold a significant number of 38,697 shares of common stock and 33,089 unvested RSUs in the company.
  • The transactions appear to be routine stock grants and sales as part of the executive's compensation, with no indication of significant insider buying or selling.
Insider Trading Filed: 2026-01-29

Key Insights

  • Stephen J. Riney, the President of APA Corp, exercised 33,950 restricted stock units (RSUs) on January 28, 2026 and sold the underlying shares for $25.36 per share.
  • Riney continues to hold a significant stake in APA Corp, with 46,294.392 shares held directly and an additional 94,681.596 shares held indirectly through a trust and the Lisa Riney 2016 Family Trust.
  • The reported transaction is part of Riney's 2023 Performance Program under APA's 2016 Omnibus Compensation Plan, with the final number of RSUs determined on January 28, 2026.
Insider Trading Filed: 2026-01-29

Key Insights

  • The reporting person Robert P. Rayphole, VP CAO & Controller, exercised 720 restricted stock units (RSUs) and immediately sold the same number of shares at $25.36 per share.
  • Rayphole also holds 1,534.602 shares indirectly through a trustee in an NQ plan, in addition to the 18,274 shares he holds directly.
  • The report indicates that Rayphole was granted an additional 1,440 RSUs under the 2023 Performance Program, which will be settled in cash only.
Insider Trading Filed: 2026-01-29

Key Insights

  • Mark D. Maddox, Executive VP of Administration, exercised 15,374 restricted stock units (RSUs) and sold 15,374 shares for $25.36 per share on 01/28/2026.
  • Maddox still holds 72,876.471 shares of APA Corp directly and 4,843.625 shares indirectly, indicating he continues to maintain a significant equity position in the company.
  • The RSU vesting and sale transaction appears to be part of Maddox's regular compensation and equity incentive program, with no unusual or concerning patterns observed.
Insider Trading Filed: 2026-01-29

Key Insights

  • Tracey K. Henderson, the Executive VP Exploration, exercised 18,682 restricted stock units (RSUs) and sold 18,682 shares of APA Corp common stock, indicating ongoing insider activity.
  • The RSU vesting and sale suggest that Henderson is managing their equity compensation and taking some profits, which could signal confidence in the company's outlook.
  • The transaction price of $25.36 per share is close to the current market price, suggesting the sale was likely for liquidity or diversification purposes rather than a bearish signal.
Insider Trading Filed: 2026-01-29

Key Insights

  • CEO John J. Christmann exercised 72,170 restricted stock units (RSUs) and sold the same amount of common stock, indicating potential monetization of a portion of his holdings.
  • Christmann holds a significant direct ownership position of 627,359.95 shares in APA Corp, as well as additional indirect holdings, suggesting continued alignment with shareholders.
  • The reported transactions were part of Christmann's 2023 Performance Program under the 2016 Omnibus Compensation Plan, with the final number of RSUs determined on January 28, 2026.
Current Report Filed: 2026-01-20

Key Insights

  • APA Corporation reported supplemental financial and operating results for the fourth quarter and full year 2025, indicating the company's performance during this period.
  • The filing does not provide detailed financial information, but rather refers investors to a press release with additional details on the company's results.
  • Investors should review the press release (Exhibit 99.1) for a more comprehensive understanding of APA's recent operational and financial performance.
Insider Trading Filed: 2026-01-12

Key Insights

  • Mark D. Maddox, the Executive VP - Administration of APA Corp, acquired 8,030 shares of common stock through the vesting of restricted stock units on January 8, 2026.
  • Maddox subsequently sold 1,896 shares to cover required tax withholding, retaining 72,876 direct shares and 4,843 indirect shares.
  • The transactions indicate Maddox's continued ownership and participation in the company's equity incentive plans.
Insider Trading Filed: 2026-01-12

Key Insights

  • Ben C. Rodgers, the Executive Vice President and Chief Financial Officer of APA Corp, exercised 2,372 restricted stock units and subsequently sold 2,372 shares of common stock at $25.37 per share.
  • Rodgers also exercised 3,557 restricted stock units, indicating ongoing vesting of equity awards under the company's incentive plan.
  • The transactions show Rodgers maintaining a direct ownership of 38,697 shares of APA Corp's common stock after the reported transactions.
Insider Trading Filed: 2026-01-12

Key Insights

  • Stephen J. Riney, the President of APA Corp, exercised 8,538 restricted stock units and sold 5,040 shares to cover tax withholding, indicating potential confidence in the company's future performance.
  • Riney also exercised an additional 12,807 restricted stock units, further increasing his direct ownership of APA common stock to 12,344.392 shares.
  • Riney's indirect beneficial ownership of APA shares through the NQ Plan and the Lisa Riney 2016 Family Trust totals 289,270.596 shares, suggesting significant alignment between management and shareholders.
Insider Trading Filed: 2026-01-12

Key Insights

  • Robert P. Rayphole, VP, CAO & Controller, is actively trading APA Corp (APA) stock, with transactions involving both buying and selling of shares.
  • Rayphole acquired 2,913 shares through the vesting of restricted stock units (RSUs) and disposed of 2,383 shares by selling and share withholding to cover tax obligations.
  • The transactions suggest Rayphole is actively managing his equity position in the company, potentially as part of a compensation or incentive plan.
Insider Trading Filed: 2026-01-12

Key Insights

  • Tracey K. Henderson, the Executive VP Exploration of APA Corp, acquired 8,647 shares of the company's common stock through the vesting of restricted stock units on January 8, 2026.
  • Henderson subsequently sold 5,501 shares to cover tax withholding requirements, indicating a direct ownership of 46,992 shares following the transactions.
  • The insider trading activity suggests a continued commitment and alignment of interests between the executive and the company's performance.
Insider Trading Filed: 2026-01-12

Key Insights

  • John J. Christmann, the CEO and Director of APA Corp, exercised 15,005 restricted stock units and disposed of 15,005 shares for $25.37 each on January 8, 2026.
  • Christmann also exercised 22,508 restricted stock units on the same date, indicating ongoing vesting of his equity-based compensation.
  • The SEC Form 4 filing shows Christmann holds a significant number of shares both directly and indirectly through various trusts, suggesting strong alignment with shareholder interests.
Insider Trading Filed: 2026-01-08

Key Insights

  • The reporting person, Robert P. Rayphole, is the VP, CAO & Controller of APA Corp, indicating he holds a senior leadership position within the company.
  • Rayphole was granted 10,034 restricted stock units and 16,384 stock options on January 6, 2026, suggesting the company is incentivizing its executives with equity-based compensation.
  • The restricted stock units vest over three years, aligning Rayphole's interests with long-term shareholder value creation, while the stock options become exercisable ratably over three years.
Insider Trading Filed: 2026-01-08

Key Insights

  • Kimberly O. Warnica, the Executive Vice President, Chief Legal Officer and Secretary of APA Corp, acquired 18,320 restricted stock units and 44,871 stock options on January 6, 2026, indicating management's confidence in the company's future prospects.
  • The restricted stock units and stock options granted to Warnica have a vesting schedule over the next three years, aligning her incentives with long-term shareholder value creation.
  • The exercise price of the stock options granted to Warnica is $23.88, which suggests that the company's leadership believes the stock is currently undervalued and has significant upside potential.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.