APA Corporation (APA, Financial) has filed a Form 8-K to disclose financial statements and pro forma financial information related to its recent acquisition of Callon Petroleum Company. The merger, completed on April 1, 2024, involved APA's wholly owned subsidiary, Astro Comet Merger Sub Corp., merging with Callon, with Callon continuing as the surviving entity.
This filing includes the unaudited consolidated balance sheet of Callon as of March 31, 2024, along with related consolidated statements of operations, stockholders’ equity, and cash flows for the three months ended March 31, 2024, and 2023. Additionally, APA has provided an unaudited pro forma combined statement of operations for the nine months ended September 30, 2024, reflecting the merger as if it had been completed on January 1, 2023.
The pro forma financial information is presented for informational purposes only and does not represent the actual results of operations that APA and Callon would have achieved had the companies been combined during the periods presented. It is also not intended to project future results of operations for the combined company post-merger.
This disclosure is part of APA's compliance with Rule 3-05 and Article 11 of Regulation S-X, in connection with its offering of securities in transactions registered under the Securities Act of 1933, as amended, or exempt from registration thereunder.
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