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

Earnings data Q3 2021

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

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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

ConocoPhillips

Devon Energy

Ovintiv

Occidental Petroleum

Pioneer Natural Resources

Exxon Mobil

In an interview on Friday, Bill Smead, the chief investment officer of Smead Capital, spoke with CNBC's “The Exchange” about Exxon Mobil Corp.'s (XOM, Financial) potential $60 billion takeover of Pioneer Natural Resources Co. (PXD, Financial), which is its largest deal since 1999.

Bill Smead Says Restricting Oil Supply Will Only Drive Prices Up

APA (APA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

APA (APA) Loses -15.07% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

APA anticipates strong Q3 results, driven by Permian oil and U.K. North Sea output, with favorable pricing and a positive outlook despite challenges.

APA Expects Strong Q3 Production and Oil Output Amid Challenges

HF Sinclair Corp

Patterson-UTI Energy

Patterson-UTI Energy (PTEN), APA Corporation (APA) and HF Sinclair (DINO) enjoy upward trending earnings revisions and a discounted valuation.

3 Zacks Rank Additions Energy Investors Can Buy Right Now

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the third-quarter 2023. 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 third-quarter 2023 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 third-quarter 2023.

APA Corporation Provides Third-Quarter 2023 Supplemental Information and Schedules Results Conference Call for Nov. 2 at 10 a.m. Central Time

After losing some value lately, a hammer chart pattern has been formed for APA (APA), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

APA (APA) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Kinsale Capital Group

Range Resources

KNSL, RRC and APA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 4, 2023.

Best Momentum Stock to Buy for October 4th

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the achievement of an environmental, social and governance (ESG) goal to convert more than 2,000 pneumatic devices to instrument air or through-valve retrofit in its U.S. operations. The goal was reached three months ahead of schedule, and results in an estimated annualized methane reduction of 1,000 tonnes or 25,000 tonnes of carbon dioxide equivalents.

APA Corporation Reduces Methane Emissions by Converting More Than 2,000 Pneumatic Devices in the U.S. to Lower Emitting Technologies

Halliburton

Marathon Petroleum

Phillips 66

Valero Energy

Let's take a deep look into the S&P 500's top sector for the third quarter of 2023 - Energy - and its high flyers MPC, PSX, HAL, VLO and APA.

5 Energy Stocks That Crushed the S&P 500 in a Bleak Q3

Constellation Energy Corp

Schlumberger

Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.

Oil and Gas Stocks Topped S&P 500 Returns This Quarter as Crude Prices Surged

APA Corporation stock has experienced oscillations due to delays in achieving FID in Suriname, Block-58 and low gas prices. Recent bearish trading was caused by a drop in crude prices and an increase in inventories. APA Corp has a well-distributed global footprint and strong production in the U.S., UK, and Egypt.

APA Corporation: Playing The Block-58 Waiting Game

Evolution Petroleum

Granite Ridge Resources Inc

Northern Oil and Gas

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

4 Stocks Worth Considering in the U.S. Upstream Industry

HOUSTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the operator of Block 58, with a 50% interest, alongside APA (50%).

APA Corporation and TotalEnergies Announce Oil Project of 200,000 b/d in Block 58 and Launch Development Studies with the Objective of Sanctioning the Project by Year-end 2024

APA Corporation reported net income of $381 million in 2Q23, with adjusted earnings of $0.85 per diluted share. APA's stock performance has seen a 13% increase over the past year, making it a suitable long-term investment in the oil industry. The potential growth in Offshore Suriname, where APA owns a 50% stake in block 58 and a 45% stake in block 53, makes the company attractive.

APA Corp.: Suriname Is Looking Good

Chevron

Since topping out at $120 a barrel back in the summer of 2022, the major oil benchmarks traded down every month until bottoming last December.

Oil May Hit $100 Before the Holidays: 6 Industry Giants to Buy Now for Growth and Big Dividends

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

Why Is APA (APA) Up 5.2% Since Last Earnings Report?

Amgen

Arista Networks

Global Payments

Jacobs Solutions Inc

Eli Lilly

Regeneron Pharmaceuticals

The S&P 500's plunge in August caught most investors off guard. It's quite a win if you scooped up the handful of gainers in the tough month.

You're An Amazing Stock Picker If You Bought These 8 Stocks This Month

Diamondback Energy

Since topping out at $120 a barrel back in the summer of 2022, the major oil benchmarks had traded down every month until bottoming in the beginning of December.

Oil May Explode Higher to $90 or More: 7 ‘Strong Buy' Dividend Leaders to Grab Before It's Too Late

APA Corporation (APA) bought back 1.3 million shares at $33.72 apiece during the second quarter. The company also shelled out $77 million in dividend payments.

APA Q2 Earnings Beat on Strong Production, Lower Expenses

APA Corporation reported strong Q2 2023 performance and expects even better results for Q3 and Q4. The company foretasted increased oil production and free cash flow for the rest of the year. APA stock has gained 32% over the last year and may continue its uptrend if oil prices stay elevated and financial performance remains strong.

APA Corporation Rallies On Strong Q2 2023 Performance And Rising Oil Prices

U.S. energy stocks have zoomed higher in August, reclaiming their spot as the undisputed market leader for the first time since late 2022, when the sector was among the few plays that worked during a volatile year for markets.

U.S. energy stocks are back on top as sector leads Wall Street for first time since last year

Coterra Energy

Antero Resources

Chesapeake Energy

Cheniere Energy

Southwestern Energy

Williams

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

10 Best Natural Gas Stocks to Buy Now

Although the revenue and EPS for APA (APA) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

APA (APA) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

APA (APA) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $2.37 per share a year ago.

APA (APA) Surpasses Q2 Earnings and Revenue Estimates

U.S. oil producer APA Corp reported a 59% slide in second-quarter profit on Wednesday, hurt by lower energy prices.

U.S. oil producer APA quarterly profit tumbles 59%

News for APA Corporation Stock (APA)