APA Corporation (NASDAQ:APA) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET

Company Participants

Gary Clark - Vice President, Investor Relations
John Christmann - Chief Executive Officer
Steve Riney - President & Chief Financial Officer
Tracy Henderson - Executive Vice President, Exploration

Conference Call Participants

Doug Leggate - Wolfe research
John Freeman - Raymond James
Bob Brackett - Bernstein Research
Roger Read - Wells Fargo Securities
Paul Cheng - Scotiabank
Neal Dingmann - Truist
Arun Jayaram - JPMorgan
Charles Meade - Johnson Rice
Leo Mariani - ROTH
Betty Jiang - Barclays
Jeoffrey Lambujon - TPH & Company.

Operator

Good day, everyone, and thank you for standing by. Welcome to APA Corporation's Third Quarter 2024 Financial and Operational Results. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

Now, I will pass the call over to the Vice President of Investor Relations, Gary Clark. Please go ahead.

Gary Clark

Good morning, and thank you for joining us on APA Corporation's third quarter 2024 financial and operational results conference call. We will begin the call with an overview by CEO, John Christmann. Steve Riney, President and CFO, will then provide further color on our results and outlook.

Also on the call and available to answer your questions are Tracy Henderson, Executive Vice President of Exploration; and Clay Bretches, Executive Vice President of Operations. Our prepared remarks will be less than 20 minutes in length with the remainder of the hour allotted for Q&A.

In conjunction with yesterday's press release, I hope you've had the opportunity to review our financial and operational supplement, which can be found on our Investor Relations website at investor.apacorp.com.

Please note that we may discuss certain non-GAAP financial measures. A reconciliation of the differences between these measures and the most directly comparable GAAP financial measures can be found in the supplemental information provided on our website.

Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude non-controlling interest in Egypt and Egypt tax barrels.

I'd like to remind everyone that today's discussion will contain forward-looking estimates and assumptions based on our current views and reasonable expectations. However, a number of factors could cause actual results to differ materially from what we discuss on today's call.

A full disclaimer is located with the supplemental information on our website. And please note that our full year 2024 guidance reflects first quarter APA results on a standalone basis, plus three-quarters of APA and Callon combined.