Company research
APA Corp
CIK 1841666Updated Sep 26, 2026
SecurityAPA · NASDAQ · equity
APA price & chart
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NASDAQ:APA on TradingView ↗In the news
APA Corporation announces second-quarter 2026 financial and operational results ↗
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Recent filings
SD filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 17,761,000,000Source | 19,390,000,000Source | 15,244,000,000Source | 13,147,000,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 516,000,000Source | 625,000,000Source | 87,000,000Source | 245,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,062,000,000Source | 1,959,000,000Source | 1,610,000,000Source | — |
| Inventory, NetUSD | 351,000,000Source | 425,000,000Source | 453,000,000Source | 427,000,000Source |
| Assets, CurrentUSD | 2,121,000,000Source | 3,404,000,000Source | 2,462,000,000Source | 2,708,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 80,000,000Source | 54,000,000Source | 46,000,000Source | 31,000,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 308,000,000Source | 307,000,000Source | 263,000,000Source | 262,000,000Source |
| Additional Paid in CapitalUSD | 12,816,000,000Source | 13,153,000,000Source | 11,126,000,000Source | 11,420,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | -721,000,000Source | -2,155,000,000Source | -2,959,000,000Source | -5,814,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 10,000,000Source | 12,000,000Source | 15,000,000Source | 14,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,093,000,000Source | 5,280,000,000Source | 2,655,000,000Source | 423,000,000Source |
| Liabilities and EquityUSD | 17,761,000,000Source | 19,390,000,000Source | 15,244,000,000Source | 13,147,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,571,000,000Source | 2,955,000,000Source | 2,404,000,000Source | 2,916,000,000Source |
| Operating Lease, Liability, CurrentUSD | 97,000,000Source | 118,000,000Source | 116,000,000Source | 167,000,000Source |
| Accounts Payable, CurrentUSD | 871,000,000Source | 1,224,000,000Source | 658,000,000Source | 771,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 220,000,000Source | 255,000,000Source | 165,000,000Source | 133,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 0Source | 14,000,000Source | 371,000,000Source | 314,000,000Source |
| Other Liabilities, NoncurrentUSD | 426,000,000Source | 548,000,000Source | 466,000,000Source | 443,000,000Source |
| Additional Financial Items | ||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | — | — | — | -14,000,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 275,000,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | — | — | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,692,000,000Source | 1,118,000,000Source | 3,207,000,000Source | 4,082,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 2,304,000,000Source | 2,266,000,000Source | 1,540,000,000Source | 1,233,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 348,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -850,000,000Source | 104,000,000Source | 157,000,000Source | 93,000,000Source |
| Increase (Decrease) in InventoriesUSD | -7,000,000Source | 11,000,000Source | -13,000,000Source | 1,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | -365,000,000Source | 81,000,000Source | -84,000,000Source | -4,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 360,000,000Source | -736,000,000Source | -1,662,000,000Source | 145,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 4,545,000,000Source | 3,620,000,000Source | 3,129,000,000Source | 4,943,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,153,000,000Source | -924,000,000Source | -2,138,000,000Source | -1,511,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -2,000,000Source | 50,000,000Source | 38,000,000Source | -28,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -2,501,000,000Source | -2,158,000,000Source | -1,149,000,000Source | -3,489,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 360,000,000Source | 353,000,000Source | 308,000,000Source | 207,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -28,000,000Source | -38,000,000Source | -15,000,000Source | -17,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -109,000,000Source | 538,000,000Source | -158,000,000Source | -57,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 516,000,000Source | 625,000,000Source | 87,000,000Source | 245,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 281,000,000Source | 372,000,000Source | 329,000,000Source | 322,000,000Source |
| Income Taxes Paid, NetUSD | 999,000,000Source | 1,097,000,000Source | 1,271,000,000Source | 1,431,000,000Source |
| Additional Financial Items | ||||
| Accretion Expense, Including Asset Retirement ObligationsUSD | — | — | — | 117,000,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 107,000,000Source | 49,000,000Source | 84,000,000Source | 304,000,000Source |
| Amortization of Debt Issuance CostsUSD | 7,000,000Source | 6,000,000Source | 4,000,000Source | 8,000,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 158,000,000Source | 148,000,000Source | 116,000,000Source | 117,000,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 24,000,000Source | -2,000,000Source | 48,000,000Source | -47,000,000Source |
| Equity Method Investment, Other than Temporary ImpairmentUSD | — | — | — | 0Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -53,000,000Source | -10,000,000Source | 99,000,000Source | -114,000,000Source |
| Gain (Loss) on Disposition of BusinessUSD | 301,000,000Source | 289,000,000Source | 8,000,000Source | 1,180,000,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | 60,000,000Source | — | — | — |
| Gain (Loss) on Sale of PropertiesUSD | 301,000,000Source | 289,000,000Source | 8,000,000Source | 1,180,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 147,000,000Source | 0Source | 9,000,000Source | -67,000,000Source |
| General and Administrative ExpenseUSD | 350,000,000Source | 372,000,000Source | 351,000,000Source | 483,000,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income Tax Expense (Benefit)USD | 1,099,000,000Source | 417,000,000Source | -324,000,000Source | 1,652,000,000Source |
| Inventory Write-downUSD | 7,000,000Source | 18,000,000Source | 50,000,000Source | — |
| Investment Income, InterestUSD | 25,000,000Source | 12,000,000Source | 10,000,000Source | 10,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,434,000,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,434,000,000Source | 804,000,000Source | 2,855,000,000Source | 3,674,000,000Source |
| Operating ExpensesUSD | 5,864,000,000Source | 7,295,000,000Source | 4,631,000,000Source | 5,510,000,000Source |
| Operating Lease, ExpenseUSD | 1,504,000,000Source | 1,690,000,000Source | 1,436,000,000Source | 1,444,000,000Source |
| Other Nonoperating Income (Expense)USD | -8,000,000Source | -6,000,000Source | 18,000,000Source | 148,000,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 122,000,000Source | 58,000,000Source | 97,000,000Source | — |
| Unrealized Gain (Loss) on DerivativesUSD | -77,000,000Source | -8,000,000Source | 51,000,000Source | -67,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Income (Loss)USD | 3,087,000,000Source | 2,442,000,000Source | 3,648,000,000Source | 5,565,000,000Source |
| Other Nonoperating Income (Expense)USD | -8,000,000Source | -6,000,000Source | 18,000,000Source | 148,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 2,791,000,000Source | 1,535,000,000Source | 2,883,000,000Source | — |
| Income Tax Expense (Benefit)USD | 1,099,000,000Source | 417,000,000Source | -324,000,000Source | 1,652,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 1,434,000,000Source | — | — | — |
| Earnings Per Share, BasicUSD per share | 3.99Source | 2.28Source | 9.26Source | 11.05Source |
| Earnings Per Share, DilutedUSD per share | 3.99Source | 2.27Source | 9.25Source | 11.02Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 359,000,000Source | 353,000,000Source | 308,000,000Source | 332,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 359,000,000Source | 353,000,000Source | 309,000,000Source | 333,000,000Source |
| Additional Financial Items | ||||
| Accretion Expense, Including Asset Retirement ObligationsUSD | — | — | — | 117,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 1Source | 1Source | 1Source | 0.75Source |
| Costs and ExpensesUSD | 6,429,000,000Source | 8,202,000,000Source | 5,309,000,000Source | 6,398,000,000Source |
| Current Income Tax Expense (Benefit)USD | 739,000,000Source | 1,153,000,000Source | 1,338,000,000Source | 1,507,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | -53,000,000Source | -10,000,000Source | 99,000,000Source | -114,000,000Source |
| General and Administrative ExpenseUSD | 350,000,000Source | 372,000,000Source | 351,000,000Source | 483,000,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 1,488,000,000Source | 705,000,000Source | 627,000,000Source | 2,675,000,000Source |
| Interest Expense, DebtUSD | 323,000,000Source | 402,000,000Source | 351,000,000Source | 332,000,000Source |
| Investment Income, InterestUSD | 25,000,000Source | 12,000,000Source | 10,000,000Source | 10,000,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 258,000,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,434,000,000Source | 804,000,000Source | 2,855,000,000Source | 3,674,000,000Source |
| Operating ExpensesUSD | 5,864,000,000Source | 7,295,000,000Source | 4,631,000,000Source | 5,510,000,000Source |
| Operating Lease, ExpenseUSD | 1,504,000,000Source | 1,690,000,000Source | 1,436,000,000Source | 1,444,000,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 122,000,000Source | 58,000,000Source | 97,000,000Source | — |