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 Q4 2020

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

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.

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

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) Q3 Earnings Expected to Decline

HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced the appointment of Kenneth M. Fisher to its board of directors.

APA Corporation Appoints Kenneth Fisher to Board of Directors

Occidental Petroleum

Oil prices are sliding on the heels of Israel's attack on Iran over the weekend.

2 Energy Stocks Sliding After Israel's Attack on Iran

United States Brent Oil Fund LP

Invesco DB Oil Fund

Devon Energy

Diamondback Energy

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

Halliburton

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

Schlumberger

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's oil facilities.

Oil Stocks Fall, Travel Shares Rise as Crude Futures Plunge

Driven by strong initial progress in well performance and overhead, APA raised its Callon synergy target by 66% to $250MM annually, implying a present value worth ~55% of deal value. Management also continues to streamline the business, selling off $950MM worth of non-core U.S. assets, which are expected to lower domestic lease unit costs by ~10%. With the first Suriname FPSO now officially sanctioned, we remain firmly Overweight but decrease our price target to $36/sh on a lower price deck (~46% price upside).

APA: Raised Callon Synergies, Margin-Accretive Divestment And Suriname FID Confirm Our Rating

HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announces the retirement of executive vice president and general counsel Anthony Lannie, effective Oct. 9, 2024. David J. Bernal has been promoted to vice president Legal and acting general counsel.

APA Corporation Announces Retirement of General Counsel Anthony Lannie and Promotion of David J. Bernal to Vice President Legal

Eni SpA Sponsored ADR

TotalEnergies SE

Exxon Mobil

ExxonMobil's, APA, TotalEnergies', Eni SpA and EQT are included in this Analyst Blog.

The Zacks Analyst Blog ExxonMobil's, APA, TotalEnergies', Eni SpA and EQT

HOUSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-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 third-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 third-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 third-quarter 2024.

APA Corporation Provides Third-Quarter 2024 Supplemental Information and Schedules Results Conference Call for November 7 at 10 a.m. Central Time

More than 134,000 trees to be donated across diverse eco-regions in Texas, New Mexico and Louisiana More than 134,000 trees to be donated across diverse eco-regions in Texas, New Mexico and Louisiana

Apache Corporation Tree Grant Program Announces 2024 Recipients

APA Corporation, formerly Apache, is a mid-sized oil and gas company with operations in the US, Egypt, and North Sea. Major events in 2024 include an acquisition adding production in the Permian Basin, and a development commitment for offshore Surinam. APA currently offers a 3.7% dividend and a potential 30% capital gain.

APA Corporation: Oil Patch Value

APA (APA) concluded the recent trading session at $26.89, signifying a +1.36% move from its prior day's close.

APA (APA) Laps the Stock Market: Here's Why

ConocoPhillips

Chevron

EOG Resources

Marathon Petroleum

Matador Resources

Valero Energy

Viper Energy Partners LP

Oil stocks are looking to move higher, with Halliburton in the mix.

If Oil Prices Jump Past This Level On Middle East Tensions These Stocks Could Kick Into Overdrive

Northern Oil and Gas

As oil prices remain elevated, companies like Northern Oil and Gas (NOG), APA, and Devon (DVN) are poised to capitalize on increased exploration and production activities.

3 Energy Stocks to Consider as Oil Price Remains Quite Healthy

APA and TTE will undertake a project for oil production: Suriname's offshore energy sector is set for a transformation with the $10.5 billion Block 58 project.

APA and TotalEnergies Announce Joint Venture Offshore Suriname

Dollar Tree

Moderna

Could rebounds be in store for these beaten-down stocks?

Is It Time to Buy September's Worst-Performing S&P 500 Stocks?

Oil prices took a dive in Q3, with OXY, DVN and APA being some of the weakest performers.

Oil Prices Fall 17% in Q3: 3 Reasons for the Slide

Palantir Technologies

APA expands its multi-million-dollar deal with Palantir Technologies to integrate advanced AI capabilities, boosting efficiency in oil and gas operations.

APA and Palantir Sign Multi-Million-Dollar Deal Extension

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 builds on the work deployed across APA's global portfolio over the past three years and introduces new artificial intelligence capabilities with Palantir's Artificial Intelligence P.

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

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

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

Aura Biosciences

CuriosityStream

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 losses, according to Bashar Issa. RLJ Lodging Trust offers a 7.5% yield on their preferred stock, and Aristofanis Papadatos sees this as attractive for income-oriented investors as interest rates are expected to decline.

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

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

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

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 Declares Cash Dividend on Common Shares

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 short to medium-term outlook. Despite risks like fluctuating oil prices, APA offers a solid 4.22% dividend yield and a $950 million asset sale, enhancing its financial stability.

APA Corporation: A Stable Business With Good Potential

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 debt. Recent asset sales will generate $1.65 billion in proceeds, reducing net debt while shedding 8% of production, making the numbers look reasonable.

APA: Surprisingly Soft Performance (Rating Downgrade)

Hess

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, offering significant upside potential and attractive dividends. Schlumberger's forward P/E ratio is below 10, APA trades at 5-6 times EPS estimates, and Hess is poised for over 100% EPS growth this year.

It's Likely Time To Buy Oil Stocks

News for APA Corporation Stock (APA)