APA Corporation boosts cash flow, cuts debt, and plans major growth from 2028 with Suriname project.

APA Corporation is generating record free cash flow, aggressively reducing its net debt, and repurchasing shares, setting the stage for significant growth. The company’s Suriname GranMorgu development is fully funded by internal cash flow, with major production and free cash flow growth expected to begin in 2028. Despite these strengths and its unique LNG exposure, APA trades at a substantial valuation discount compared to peers, making it an attractive buy. The company’s improvements in cash flow and cost structure position it well for transformational growth ahead.

APA Corporation shares are steady at USD 45.12 on Pluang, showing no change in the last day. The stock holds a market cap of $15.16 billion and a dividend yield of 2.22% as of Nov 11, 2026 18:41 WIB.