(APA Corporation, 18.Jan.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain fourth-quarter 2022 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the fourth-quarter 2022. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect fourth-quarter 2022 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for fourth-quarter 2022.
Weighted-average shares outstanding
The estimated weighted-average basic common shares for the fourth quarter is 321 million, compared with a weighted average of 329 million shares in the third-quarter 2022. The company repurchased 12.1 million shares at an average price of $44.40 per share, during the period. For the full year, the company repurchased 36.2 million shares at an average price of $39.33 per share.
Fourth-quarter 2022 earnings call
APA will host a conference call to discuss its fourth-quarter 2022 results at 10 a.m. Central time, Thursday, 23 Feb. 2023. The conference call will be webcast from APA’s website at www.apacorp.com and investor.apacorp.com. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website.