APA Corporation (APA) Income Statement Analysis

See more : King’s Town Bank (2809.TW) Income Statement Analysis – Financial Results

Complete financial analysis of APA Corporation (APA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of APA Corporation, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.

You may be interested

Starflex Public Company Limited (SFLEX.BK) Income Statement Analysis – Financial Results
PT Megapolitan Developments Tbk (EMDE.JK) Income Statement Analysis – Financial Results
Longmaster Information & Technology Co., Ltd. (300288.SZ) Income Statement Analysis – Financial Results
Houlihan Lokey, Inc. (HLI) Income Statement Analysis – Financial Results
ESI Group SA (ESIGF) Income Statement Analysis – Financial Results

APA Corporation (APA)

Industry: Oil & Gas Exploration & Production

Sector: Energy

Website: https://apacorp.com

About APA Corporation

APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue	8.28B	11.08B	7.99B	4.44B	6.32B	7.35B	5.89B	5.37B	6.38B	13.75B	16.40B	16.95B	16.89B	12.09B	8.61B	12.33B	9.98B	8.29B	7.58B	5.33B	4.19B	2.56B	22.78B	2.28B	1.30B	876.40M	1.18B	976.10M	750.40M	537.80M	463.20M	423.10M	356.90M	273.40M	246.90M	141.50M	100.50M	171.70M	128.50M
Cost of Revenue	2.36B	4.82B	4.45B	3.53B	4.43B	4.19B	3.86B	4.31B	31.44B	12.91B	10.05B	10.38B	296.00M	2.21B	1.80B	2.07B	1.82B	1.47B	1.14B	946.64M	760.12M	500.69M	407.13M	255.25M	377.00M	326.00M	425.60M	364.30M	303.00M	183.00M	172.30M	146.80M	110.40M	77.60M	95.20M	42.00M	25.50M	73.10M	15.00M
Gross Profit	5.92B	6.26B	3.54B	905.00M	1.88B	3.16B	2.03B	1.06B	-25.05B	839.00M	6.35B	6.57B	16.59B	9.88B	6.81B	10.26B	8.15B	6.82B	6.44B	4.39B	3.43B	2.06B	22.37B	2.03B	923.40M	550.40M	755.10M	611.80M	447.40M	354.80M	290.90M	276.30M	246.50M	195.80M	151.70M	99.50M	75.00M	98.60M	113.50M
Gross Profit Ratio	71.52%	56.48%	44.33%	20.41%	29.80%	42.95%	34.45%	19.66%	-392.51%	6.10%	38.71%	38.75%	98.25%	81.72%	79.05%	83.24%	81.72%	82.31%	84.96%	82.25%	81.86%	80.44%	98.21%	88.82%	71.01%	62.80%	63.95%	62.68%	59.62%	65.97%	62.80%	65.30%	69.07%	71.62%	61.44%	70.32%	74.63%	57.43%	88.33%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	351.00M	483.00M	376.00M	290.00M	406.00M	431.00M	395.00M	410.00M	377.00M	434.00M	503.00M	531.00M	459.00M	380.00M	343.88M	288.79M	275.07M	211.33M	198.27M	173.19M	138.52M	104.59M	88.71M	75.62M	53.90M	40.70M	38.20M	35.90M	36.60M	34.90M	33.20M	35.00M	43.20M	21.50M	23.40M	16.70M	18.90M	19.60M	33.10M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	351.00M	483.00M	376.00M	290.00M	406.00M	431.00M	395.00M	410.00M	377.00M	434.00M	503.00M	531.00M	459.00M	380.00M	343.88M	288.79M	275.07M	211.33M	198.27M	173.19M	138.52M	104.59M	88.71M	75.62M	53.90M	40.70M	38.20M	35.90M	36.60M	34.90M	33.20M	35.00M	43.20M	21.50M	23.40M	16.70M	18.90M	19.60M	33.10M
Other Expenses	0.00	542.00M	244.00M	442.00M	1.07B	756.00M	786.00M	789.00M	444.00M	1.04B	51.00M	963.00M	-154.00M	5.92B	5.84B	8.84B	2.89B	2.37B	1.87B	1.32B	1.20B	908.83M	893.12M	642.72M	447.70M	630.50M	387.90M	320.20M	302.20M	236.50M	180.20M	173.40M	135.80M	116.80M	96.30M	61.40M	184.60M	84.10M	65.30M
Operating Expenses	524.00M	1.03B	620.00M	732.00M	1.47B	1.19B	1.18B	1.20B	821.00M	1.48B	1.53B	1.49B	8.32B	4.15B	6.19B	9.12B	3.16B	2.58B	2.07B	1.49B	1.34B	1.01B	981.83M	718.33M	501.60M	671.20M	426.10M	356.10M	338.80M	271.40M	213.40M	208.40M	179.00M	138.30M	119.70M	78.10M	203.50M	103.70M	98.40M
Cost & Expenses	2.88B	5.85B	5.07B	4.26B	5.91B	5.38B	5.04B	5.51B	32.26B	14.39B	11.58B	11.87B	8.62B	6.36B	7.99B	11.19B	4.99B	4.05B	3.21B	2.44B	2.10B	1.51B	1.39B	973.59M	878.60M	997.20M	851.70M	720.40M	641.80M	454.40M	385.70M	355.20M	289.40M	215.90M	214.90M	120.10M	229.00M	176.80M	113.40M
Interest Income	10.00M	10.00M	8.00M	7.00M	13.00M	22.00M	19.00M	8.00M	10.00M	12.00M	15.00M	17.00M	17.00M	13.00M	12.38M	23.95M	0.00	16.32M	5.86M	0.00	3.29M	0.00	0.00	2.21M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	331.00M	379.00M	514.00M	267.00M	462.00M	478.00M	397.00M	417.00M	299.00M	130.00M	174.00M	165.00M	170.00M	229.00M	309.62M	280.46M	0.00	158.20M	122.18M	0.00	116.20M	0.00	0.00	168.12M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	1.54B	1.56B	1.57B	2.09B	3.46B	2.86B	2.84B	3.13B	324.00M	410.00M	410.00M	7.11B	4.20B	3.08B	5.21B	7.85B	2.35B	1.82B	1.42B	1.22B	1.08B	822.05M	753.26M	583.55M	447.70M	630.50M	387.90M	320.20M	302.20M	236.50M	180.20M	173.40M	135.80M	116.80M	96.30M	61.40M	184.60M	84.10M	65.30M
EBITDA	4.75B	7.61B	3.88B	-2.31B	855.00M	4.23B	4.17B	1.87B	-5.65B	2.28B	10.02B	11.90B	12.47B	8.81B	5.79B	9.06B	7.30B	6.02B	5.79B	4.01B	3.17B	1.89B	2.21B	1.89B	869.68M	508.96M	716.90M	575.80M	410.80M	319.90M	257.70M	241.30M	203.30M	174.30M	128.30M	82.80M	56.10M	79.00M	80.40M
EBITDA Ratio	57.37%	47.22%	36.57%	3.90%	6.49%	26.80%	14.39%	-2.68%	-405.37%	-4.63%	29.40%	29.93%	73.99%	72.87%	67.90%	74.05%	75.30%	72.63%	77.13%	81.18%	78.06%	75.42%	98.09%	80.99%	66.85%	57.74%	60.86%	58.62%	56.94%	57.96%	54.81%	49.52%	54.89%	63.75%	51.96%	56.82%	54.23%	44.50%	59.92%
Operating Income	5.21B	4.00B	1.56B	-1.60B	-2.27B	1.97B	847.00M	-144.00M	-25.88B	-636.00M	4.82B	5.07B	8.27B	5.62B	623.63M	1.14B	4.99B	4.33B	4.38B	2.89B	2.04B	1.05B	21.39B	1.30B	421.80M	-120.80M	329.00M	255.70M	108.60M	83.40M	77.50M	67.90M	67.50M	57.50M	32.00M	21.40M	-128.50M	-5.10M	15.10M
Operating Income Ratio	62.94%	36.09%	19.54%	-36.05%	-35.95%	26.80%	14.39%	-2.68%	-405.37%	-4.63%	29.40%	29.93%	48.98%	46.46%	7.24%	9.23%	50.00%	52.18%	57.70%	54.28%	48.78%	40.85%	93.90%	57.04%	32.44%	-13.78%	27.86%	26.20%	14.47%	15.51%	16.73%	16.05%	18.91%	21.03%	12.96%	15.12%	-127.86%	-2.97%	11.75%
Total Other Income/Expenses	-2.33B	-1.14B	-801.00M	-3.24B	-738.00M	-1.01B	206.00M	-1.54B	-9.83B	-9.19B	-262.00M	-245.00M	-178.00M	-412.00M	-297.24M	-256.51M	-278.61M	-61.01M	-170.04M	-233.76M	-121.58M	-146.67M	-188.91M	-106.64M	-82.27M	-70.54M	-70.40M	-55.40M	-75.50M	-19.00M	-19.60M	2.60M	-23.40M	0.00	-100.00K	-14.40M	-15.10M	-16.10M	-1.60M
Income Before Tax	2.88B	5.73B	1.89B	-4.84B	-3.01B	958.00M	918.00M	-1.68B	-28.23B	-2.91B	4.22B	4.88B	8.09B	5.21B	326.39M	932.39M	4.67B	4.01B	4.21B	2.66B	1.92B	898.97M	1.20B	1.20B	344.60M	-187.60M	258.60M	200.20M	33.10M	64.40M	57.90M	70.50M	44.10M	57.50M	31.90M	7.00M	-143.60M	-21.20M	13.50M
Income Before Tax Ratio	34.82%	51.77%	23.68%	-109.13%	-47.63%	13.04%	15.59%	-31.34%	-442.21%	-21.14%	25.70%	28.78%	47.92%	43.05%	3.79%	7.56%	46.83%	48.37%	55.46%	49.94%	45.87%	35.12%	5.27%	52.37%	26.50%	-21.41%	21.90%	20.51%	4.41%	11.97%	12.50%	16.66%	12.36%	21.03%	12.92%	4.95%	-142.89%	-12.35%	10.51%
Income Tax Expense	-324.00M	1.65B	578.00M	64.00M	674.00M	672.00M	-585.00M	-442.00M	-5.47B	1.64B	1.93B	2.88B	3.51B	2.17B	610.79M	220.44M	1.86B	1.46B	1.58B	993.01M	827.00M	344.64M	475.86M	483.09M	143.70M	-58.20M	103.70M	78.80M	12.90M	21.60M	20.60M	22.70M	9.50M	17.20M	9.80M	1.60M	-62.10M	-11.10M	4.10M
Net Income	2.86B	3.60B	1.14B	-4.90B	-3.68B	40.00M	1.30B	-1.41B	-23.12B	-5.40B	2.23B	2.00B	4.58B	3.03B	-284.40M	711.95M	2.81B	2.55B	2.62B	1.67B	1.12B	554.33M	723.40M	713.06M	200.90M	-129.40M	154.90M	121.40M	20.20M	42.80M	37.30M	47.80M	34.60M	40.30M	22.10M	8.00M	-80.90M	-10.90M	7.90M
Net Income Ratio	34.48%	32.54%	14.21%	-110.57%	-58.31%	0.54%	22.15%	-26.18%	-362.20%	-39.30%	13.61%	11.81%	27.14%	25.07%	-3.30%	5.78%	28.19%	30.79%	34.59%	31.29%	26.77%	21.66%	3.18%	31.22%	15.45%	-14.76%	13.12%	12.44%	2.69%	7.96%	8.05%	11.30%	9.69%	14.74%	8.95%	5.65%	-80.50%	-6.35%	6.15%
EPS	9.27	11.07	2.60	-12.97	-9.77	0.10	3.42	-3.71	-61.19	-14.07	5.53	4.95	11.75	8.53	-0.85	2.11	8.45	7.72	7.96	5.10	3.46	1.83	2.33	2.54	0.75	-0.57	0.74	0.61	0.12	0.30	0.26	0.40	0.30	0.35	0.25	0.13	-1.57	-0.21	0.15
EPS Diluted	9.24	11.03	2.59	-12.97	-9.77	0.10	3.41	-3.71	-61.16	-14.07	5.50	4.92	11.47	8.46	-0.85	2.09	8.39	7.64	7.84	5.03	3.43	1.80	2.25	2.46	0.74	-0.57	0.71	0.60	0.12	0.30	0.26	0.40	0.30	0.35	0.25	0.13	-1.57	-0.21	0.15
Weighted Avg Shares Out	308.00M	332.00M	374.00M	378.00M	377.00M	382.00M	381.00M	379.00M	377.84M	384.00M	395.00M	389.00M	384.00M	352.00M	336.00M	334.35M	332.15M	329.89M	328.90M	326.09M	322.60M	297.00M	302.24M	272.86M	248.97M	226.61M	209.25M	197.59M	165.84M	141.64M	141.55M	119.15M	115.75M	113.85M	87.80M	59.82M	51.68M	52.29M	52.86M
Weighted Avg Shares Out (Dil)	309.00M	333.00M	375.00M	378.00M	377.00M	384.00M	383.00M	379.00M	378.00M	384.00M	406.00M	391.00M	400.00M	359.00M	336.00M	337.19M	334.53M	333.35M	333.93M	330.63M	325.42M	301.95M	312.47M	281.73M	250.41M	226.61M	216.86M	203.31M	174.98M	156.70M	141.55M	119.15M	115.75M	113.85M	87.80M	59.82M	51.68M	52.29M	52.86M

APA Corporation Expands Partnership with Palantir To Leverage AI Technology Across Their Oil and Gas Operations

September 25, 2024businesswire.com

DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR), a leading builder of artificial intelligence systems, and APA Corporation (NASDAQ: APA), a leading oil and gas company, today announced a multi-year, multi-million-dollar extension to their enterprise agreement originally signed in 2021. The agreement...

Has the 30% YTD Sell-Off Made APA Corporation Stock a Buy?

September 23, 2024zacks.com

While APA's vulnerability to oil price volatility cannot be ignored, the company has strong long-term potential.

Sept. 13-20 Undercovered Stock Picks: Aura Biosciences, APA Corporation, iTeos, CuriosityStream +

September 20, 2024seekingalpha.com

The 'Undercovered' Dozen series highlights 12 undercovered stocks to provide another source for investment ideas and to encourage community discussion. Qurate Retail's losses are mainly due to non-cash markdowns, making it a potential buy despite declining revenue and net income...

APA (APA) Sees a More Significant Dip Than Broader Market: Some Facts to Know

September 18, 2024zacks.com

APA (APA) closed the most recent trading day at $25.11, moving -0.55% from the previous trading session.

APA Corporation Declares Cash Dividend on Common Shares

September 16, 2024globenewswire.com

HOUSTON, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

APA Corporation: A Stable Business With Good Potential

September 16, 2024seekingalpha.com

APA Corporation, primarily in oil and gas exploration, is a buy for less conservative investors due to a recent 20-25% share price drop. Positive news includes selling non-core Permian Basin properties and increasing Q3 production targets, improving financial balance and...

APA: Surprisingly Soft Performance (Rating Downgrade)

September 13, 2024seekingalpha.com

APA Corporation acquired Callon Petroleum in a $4.5 billion deal earlier this year, looking to enhance scale and production. Despite solid earnings and asset divestment, APA's shares have dropped by a third, puzzling given the company's strong financials and manageable...

It's Likely Time To Buy Oil Stocks

September 13, 2024seekingalpha.com

Oil prices are under pressure, but potential production cuts and economic recovery could lead to a bullish outlook, with prices rising to $80-90 by early 2025. Schlumberger, APA Corp., and Hess are top oil stock picks, currently oversold and undervalued,...