APA Corporation (NASDAQ:APA) is a Texas-based energy company that explores, develops, and sells natural gas, crude oil, and natural gas liquids. APA Corp (APA) Reports Q2 2025: Improved Permian Efficiency and Steady Dividend PayoutsPhoto by David Thielen on UnsplashDuring the second quarter of 2025, APA started cutting its Permian rig count from eight to six, showing improvements in drilling efficiency. The company now expects to keep oil production in the Permian steady at six rigs, down from the 6.5 rigs planned in May. In addition to being one of the S&P 500 stocks with a low P/E ratio, APA provides a steady stream of dividend payouts to its investors. READ NEXT: Dow 20 Stocks List: Ranked By Hedge Fund Bullishness Index and 10 Unstoppable Dividend Stocks to Buy Now.