APA Corp. (NASDAQ:APA) thrives as one of the top stocks amid market chaos, with a 9.14% surge on Thursday, closing at $23.64. The company reported a net income of $205 million, a significant turnaround from last year’s $223 million loss. Revenues increased by 16.4% to $2.115 billion.

Production numbers for APA Corp. (NASDAQ:APA) show 464,000 boe/pd, with adjusted production at 387,000 boe/pd. US oil production hit 121,000 barrels per day, surpassing production guidance in both the US and Egypt. The company is on track to achieve cost-saving targets ahead of schedule.

CEO John Christmann IV praises APA Corp.’s (NASDAQ:APA) operational execution and cost management, exceeding production guidance and strengthening the balance sheet. The company aims to maintain its progress and momentum for the future. However, some believe AI stocks offer higher returns with limited risks.

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Read more at Yahoo Finance: APA Corp. (APA) Surges 9% on Strong Earnings