APA: Investors Presentation | MarketScreener

Notice to Investors

Certain statements in this presentation contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, expectations, beliefs, plans and objectives for financial forecasts and operating results, asset disposals, estimated reserves, drilling locations, capital expenditures, price estimates, typical well results and well profiles , the type curve and indications on production and operating expenses included in this presentation. All matters that are not historical facts are forward-looking and, therefore, involve estimates, assumptions, risks and uncertainties, including, without limitation, risks, uncertainties and other factors discussed. in our latest annual report filed on Form 10-K, recently filed quarterly reports on Form 10-Q, current reports recently filed on Form 8-K available on our website, www.apacorp.com, and in our other public documents and Press Releases. These forward-looking statements are based on APA Corporation’s (APA) current expectations, estimates and projections regarding the company, its industry, the beliefs of its management and certain assumptions made by management. No assurance can be given that such expectations, estimates or projections will prove to be correct. A number of factors could cause actual results to differ materially from projections, anticipated results or other expectations expressed in this presentation, including the ability of the company to meet its production targets, to manage successfully its capital expenditures and to complete, test and produce the wells and prospects identified in this presentation, to successfully plan, obtain the necessary government approvals, finance, build and operate the necessary infrastructure, and to meet its production and production expectations. budget on its projects.

To the extent possible, these “forward-looking statements” are identified by words such as “anticipate”, “intend”, “plan”, “research”, “believe”, “continue”, “may”, “Believes”, “expects,” “guidance”, “may”, “could”, “prospect”, “possible”, “potential”, “projects”, “outlook”, “should”, ” would be “,” will fly “, and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Since such statements involve risks and uncertainties, actual results and performance of the company may differ materially from the results expressed or implied by these forward-looking statements. In view of these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Unless required by law, we assume no obligation to update these statements to u no later date. However, you should carefully review the reports and documents that the company periodically files with the Securities and Exchange Commission.

Cautionary Note to Investors: The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their SEC filings, to disclose only proven, probable, and possible reserves that meet SEC definitions for these terms. We may use certain terms in this presentation, such as “resource”, “potential resource”, “net potential resource”, “potential resource”, “resource base”, “identified resources”, “net recoverable potential”, “reserves potential “,” unreserved resources “,” economic resources “,” net resources “,” undeveloped resources “,” net resources at risk “,” inventory “,” increasing “and other similar terms as guidelines of the SEC strictly prohibits us from including in filings with the SEC. These conditions do not take into account the certainty of resource recovery, which depends on the success of exploration, technical improvements in access to drilling, commerciality and other factors, and therefore are not indicative of expected future resource recovery and should not be relied upon. Investors are urged to carefully consider the disclosure in the annual report. el d’Apache Corporation on Form 10-K for the fiscal year ended December 31, 2020 available at www.apacorp.comor by writing to: 2000 Post Oak Blvd., Suite 100, Houston, Texas 77056 (Attn: Corporate Secretary). You can also obtain this report from the SEC by calling 1-800-SEC-0330 or from the SEC website at www.sec.gov.

Certain information may be provided in this presentation which includes financial measures that are not required by, or presented in accordance with generally accepted accounting principles (GAAP). These non-GAAP measures should not be viewed as alternatives to GAAP measures, such as net income, total debt or net cash generated from operations, and may be calculated differently, and therefore may not be calculated. not be comparable, to measures with the same title used in other companies. For a reconciliation with the most directly comparable GAAP financial measures, please refer to the third

publication of results for the quarter 2021 in www.apacorp.comand “Non-GAAP Reconciliations” of this presentation.

None of the information contained in this document has been audited by an independent auditor. This presentation is prepared for the convenience of securities analysts and investors and may be useful as a reference tool. We may choose to change the format or discontinue publication at any time without notice to securities analysts or investors.


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