APA Corporation (NASDAQ: APA) beat second-quarter expectations, leading to an 8% stock increase the next trading day. Revenue dipped to $2.61 billion due to a 2% oil equivalent decline. GAAP net profit rose to $665 million, but non-GAAP earnings fell to $0.87 per share. APA exceeded analyst estimates with strong performance in the Permian Basin and overseas gas production. Despite not being a top pick, consider joining Stock Advisor for top stock recommendations.

Read more at Yahoo Finance: Why APA Corporation Stock Rocked the Market Today