Revenue segments as reported by the company.

Oil revenues

Natural gas revenues

Natural gas liquids revenues

Purchased oil and gas sales

Derivative instrument gain (loss), net

Gain (loss) on divestitures, net

Loss on previously sold Gulf of Mexico properties

Other, net

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Lease operating expenses

Gathering, processing, and transmission

Purchased oil and gas costs

Taxes other than income

Exploration

General and administrative

Transaction, reorganization, and separation

Depreciation, depletion, and amortization

Asset retirement obligation accretion

Impairments

Financing costs, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

APA Corporation

APA Corp. explores for oil and natural gas through its subsidiaries. It produces oil and gas with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore in Suriname. The company was founded in 1954 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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APA Corporation reports strong Q4 results, eyes growth opportunities

APA Corporation delivered strong financial performance in Q4 2022, emphasizing shareholder returns and debt reduction. The company's strategic initiatives in Egypt and the U.S. demonstrate operational excellence and growth potential.
While facing challenges such as market risks and operational complexities, APA Corporation remains proactive in managing costs and aligning structures with commodity prices. Opportunities in Egypt, Suriname, and strategic decision-making with Cheniere position the company for growth.
Overall, APA Corporation's focus on financial discipline, operational excellence, and growth opportunities reflects a resilient and strategic approach to value creation and shareholder returns in a dynamic market environment.

APA Corporation surpasses Q1 expectations, focuses on sustainable growth

APA Corporation reported strong Q1 results, exceeding production guidance and showcasing financial resilience.
Despite challenges in certain regions, the company remains focused on sustainable growth, cost management, and operational efficiency.
Opportunities for growth in key regions like the U.S. and North Sea, along with progress in Suriname oil hub development.
Commitment to ESG goals, debt reduction, and shareholder value enhancement position APA well for future success.

APA Corporation surpasses Q2 production targets, eyes growth opportunities

APA Corporation delivered strong Q2 results, exceeding production guidance and maintaining capital investment discipline.
The company's focus on shareholder returns, operational efficiency, and strategic growth areas positions it well for sustainable success.
While facing challenges in operational decisions and market dynamics, APA's opportunities lie in continued growth, cost savings, and potential acquisitions.
Overall, APA's performance highlights operational strength, financial discipline, and a strategic focus on long-term value creation for shareholders.

APA Corporation surpasses production targets, commits to shareholder returns

APA Corporation delivered strong financial performance in Q3, with a focus on operational excellence and shareholder returns. While facing challenges like lower production guidance and higher expenses, the company remains committed to growth and sustainability. Monitoring government priorities and planned exploration activities present avenues for future expansion and value creation.

APA Corporation reports strong Q4 earnings, eyes growth opportunities

APA Corporation's Q4 call highlighted solid financial performance, operational challenges in Egypt, and a focus on cost management. The company is optimistic about growth opportunities in Alaska and Suriname while addressing concerns in the North Sea.

APA Corporation exceeds oil production guidance, addresses challenges and growth

APA Corporation's Q1 2024 earnings call highlighted strong performance, challenges in Egypt and the North Sea, opportunities for growth and debt reduction, and progress in the Callon acquisition.

APA Corporation exceeds Q3 expectations, eyes growth in key regions

APA Corporation's Q3 performance reflects resilience in a challenging market environment, driven by strategic initiatives and operational successes. While facing cost reduction challenges and market volatility, APA is well-positioned to capitalize on growth opportunities in key regions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the second-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect second-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for second-quarter 2024.

APA Corporation Provides Second-Quarter 2024 Supplemental Information and Schedules Results Conference Call for August 1 at 10 a.m. Central Time

APA Corp is an E&P company with assets in US basins, Egypt, and the UK's North Sea, trading at a discount despite latent earnings from projects in Uruguay and Suriname. The Suriname project with TotalEnergies offers a significant upside as APA has asymmetrically less development burden, expected first oil production in 2028. Callon acquisition wasn't at a bad multiple either and keeps debt capacity available for financing development in Block 58 in Suriname.

APA Corp: We Like The Suriname Optionality

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Energy Select Sector SPDR Fund

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The energy sector underperformed the S&P500 in Q2 2024, continuing a trend that started earlier, and this is likely to continue heading into H2 2024. There are a number of factors that seem to be weighing on the energy sector, although some stocks are affected more than others. Crude oil is hemmed in between two opposing forces, which are both trying to impose their influence on prices.

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Energy stocks are pacing the S&P 500 (SPX) today, as investors rotate out of tech heavyweight Nvidia (NVDA)  and settle into other sectors.

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In the most recent trading session, APA (APA) closed at $27.94, indicating a +0.43% shift from the previous trading day.

APA (APA) Rises But Trails Market: What Investors Should Know

APA is a leading US E&P with significant international exposure through assets in Egypt, the North Sea and a 50% stake in Suriname's Block 58. In Suriname APA has partnered with TotalEnergies to develop the block with 700Mboe of current estimated resource expected to support a first 200Kboed FPSO from 2028 on. In January the company announced the acquisition of Callon Petroleum, in my opinion a crucial step to improve low reserve depth to bridge the time until Suriname delivers first oil.

APA: Callon Deal Is No Homerun, But It Doesn't Have To Be

APA (APA) reported earnings 30 days ago. What's next for the stock?

APA (APA) Up 1.9% Since Last Earnings Report: Can It Continue?

Matador Resources

SM Energy

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on companies like FANG, APA, MTDR and SM.

How Should You Play the U.S. Upstream Oil & Gas Industry?

APA Corporation is an $11.5 billion market cap U.S. and international oil & gas producer with a 3.2% dividend yield. Current operations are in the U.S., Egypt, and offshore UK. APA's acquisition of Callon Petroleum reinforces its Permian Basin position with oilier assets. The company has been impacted by lower natural gas prices. But gas demand, and prices, are improving. The company's exploration has given it interesting optionality offshore Suriname, with production there perhaps as early as 2027.

Why APA Corporation Stock Is A Bargain Now (Rating Upgrade)

APA announces the divestiture of non-core properties for more than $700 million, aiming to reduce debt by the third quarter of 2024 and focus on high-value projects.

APA Announces Sale of Non-Core Producing Texas Properties

HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds of more than $700 million, prior to customary closing adjustments. Combined, the properties represent estimated net production in the first-quarter 2024 of 13,000 barrels of oil equivalent per day (Mboe/d), of which just over one-third is oil. Proceeds from these asset sales will be used primarily to reduce nearer-term borrowings. Closing for both sales is expected early in the third-quarter 2024.

APA Announces over $700 Million in Asset Sales from Two Transactions for Non-core Texas Properties

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Cheap industrials and companies that cater to middle class Americans may be the way forward for investors, as the Dow Jones Industrial Average flirts with 40,000.

Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager

Despite IEA's lower oil demand projections, we believe the space is still a good one for investors to take a position in. We suggest buying stocks like SM, MPC and APA.

What Are the Key Takeaways From IEA's Oil Market Report?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy APA (APA) Stock?

APA Corporation (APA) bought back 3 million shares at $33.27 apiece during the first quarter. The company also shelled out $76 million in dividend payment.

APA Q4 Earnings Miss on Lower Production, Revenues Beat

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Undervalued dividend stocks present two return routes: price appreciation or dividend payments that add to income. As of this writing, the market has some attractive dividend opportunities you buy.

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HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced the opening of applications for the Apache Corporation Tree Grant Program's 2024-2025 planting season. To receive tree grants, applicants must be based in the United States.

Apache Corporation Tree Grant Program Opens U.S. Applications for 2024-2025 Planting Season

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

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APA Corporation (NASDAQ:APA ) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Gary Clark – Vice President-Investor Relations John Christmann – Chief Executive Officer Steve Riney – President and Chief Financial Officer Conference Call Participants John Freeman – Raymond James Neal Dingmann – Truist Securities David Deckelbaum – TD Cowen Betty Jiang – Barclays Leo Mariani – ROTH MKM Neil Mehta – Goldman Sachs Paul Cheng – Scotiabank Operator Good day and thank you for standing by. Welcome to the APA Corporation's First Quarter 2024 Financial and Operational Results Conference Call.

APA Corporation (APA) Q1 2024 Earnings Call Transcript

APA (APA) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.19 per share a year ago.

APA (APA) Misses Q1 Earnings Estimates

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2024 results. Results can be found on the company's website by visiting www.apacorp.com or investor.apacorp.com.

APA Corporation Announces First-Quarter 2024 Financial and Operational Results

Cheniere Energy

Shell PLC

The World Bank has warned that an escalation of tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. The Bank stated that even before the recent missile strikes between Iran and Israel, the fall in commodity prices had been leveling off, making interest rate decisions more challenging for central banks.

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Higher U.S. output and lease operating expenses are likely to have impacted APA Corporation's (APA) profit levels in the first quarter.

Can APA Put Together a Strong Q1 Earnings Performance?

APA (APA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: APA (APA) Q1 Earnings Expected to Decline

APA (APA) concluded the recent trading session at $32.06, signifying a -0.64% move from its prior day's close.

APA (APA) Stock Drops Despite Market Gains: Important Facts to Note

News for APA Corporation Stock (APA)