Energy

APA Corporation earned $747 million ($2.11 per diluted share) in Q2 2026 as realized oil prices jumped 50% to $98.24 a barrel, but adjusted EPS more than doubled to $1.89 once last year's $282 million divestiture gain is stripped out — while production fell 12% and negative Permian gas prices handed APA a $122 million windfall on purchased volumes.