05:55 PM EDT, 05/07/2025 (MT Newswires) -- APA (APA) reported Q1 adjusted earnings late Wednesday of $1.06 per diluted share, up from $0.78 a year earlier.

Analysts polled by FactSet expected $0.84.

Revenue for the quarter ended March 31 was $2.64 billion, up from $1.95 billion a year earlier.

Analysts surveyed by FactSet expected $2.19 billion, if comparable.

The company said it entered into an agreement with Permian Resources ( PR ) to sell its New Mexico Permian assets for $608 million.