APA Corporation (APA) 2023年年度报告「NASDAQ」.pdf

1、2023 Financial and Operational HighlightsFOUNDATIONS FOR THE FUTUREPERMIANALASK ANORTH SEAURUGUAYSURINAMEEGYPTFOUNDATIONS FOR THE FUTUREIn 2023,adherence to our long-term exploration and production-focused strategy enabled APA to build on a durable foundation for an unpredictable future.APA increase

2、d total company oil production by 8%year-over-year while further improving our excellent safety track record.Well performance and execution,particularly in the Permian Basin,were outstanding and helped APA deliver a 12%increase in U.S.oil production from fourth-quarter 2022 to fourth-quarter 2023.We

3、 seek to extend this track record of efficient Permian growth and safe operations to the acquisition of Callon Petroleum Company.In Suriname,following a successful appraisal program offshore in Block 58,we initiated a front-end engineering design(FEED)study for a large-scale oil project with product

4、ion capacity of 200,000 barrels per day.We look forward to reaching a final investment decision(FID)later this year.We returned to shareholders 66%of our free cash flow(FCF)or$637 million,to shareholders,once again exceeding the commitment laid out in our annual shareholder return framework.We achie

5、ved all of our environmental,social and governance(ESG)goals,including the conversion of approximately 2,800 pneumatic devices to instrument air or through valve retrofit in the U.S.APAs future is exciting.We have prudently and deliberately constructed a foundation for success based on pragmatism,fl

6、exibility,sustainability and moderate growth.New opportunities and challenges will arise,but our strategy will remain unchanged as we continue our mission to help meet the worlds critical need for energy resources as responsibly and efficiently as possible.APA Global Operations MapAPA Corporations s