APA Corp

APA 10-Q · Q2 2025

APA Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue (Q)
Show Product Lines breakouts
Oil And Gas 2,178 2,543 -14.4%
Oil And Gas Purchased 460 342 +34.5%
Oil And Gas Purchased · Segment United States [Member] 460 342 +34.5%
Oil And Gas · Egypt 630 746 -15.5%
Oil And Gas · North Sea 166 267 -37.8%
Oil And Gas · Segment United States [Member] 1,382 1,530 -9.7%
Oil and gas, excluding purchased 1,718 2,201 -21.9%
Oil and gas, excluding purchased · Egypt 109 73 +49.3%
Oil and gas, excluding purchased · Egypt 521 673 -22.6%
Oil and gas, excluding purchased · Egypt 630 746 -15.5%
Oil and gas, excluding purchased · Natural Gas Liquids Reserves 153 159 -3.8%
Oil and gas, excluding purchased · Natural Gas Reserves 184 135 +36.3%
Oil and gas, excluding purchased · North Sea 9 7 +28.6%
Oil and gas, excluding purchased · North Sea 27 47 -42.6%
Oil and gas, excluding purchased · North Sea 130 213 -39.0%
Oil and gas, excluding purchased · North Sea 166 267 -37.8%
Oil and gas, excluding purchased · Oil Reserves 1,381 1,907 -27.6%
Oil and gas, excluding purchased · Segment United States [Member] 144 152 -5.3%
Oil and gas, excluding purchased · Segment United States [Member] 48 15 +220.0%
Oil and gas, excluding purchased · Segment United States [Member] 730 1,021 -28.5%
Oil and gas, excluding purchased · Segment United States [Member] 922 1,188 -22.4%
Cost of Revenue (Q)
Show Product Lines breakouts
Oil And Gas Purchased 304 210 +44.8%
Oil And Gas Purchased · Segment United States [Member] 304 210 +44.8%
Oil and gas, excluding purchased 104 121 -14.0%
Oil and gas, excluding purchased · Egypt 7 7 0.0%
Oil and gas, excluding purchased · North Sea 12 16 -25.0%
Oil and gas, excluding purchased · Segment United States [Member] 85 98 -13.3%
Total Costs & Expenses 1,584 1,864 -15.0%
General & Administrative 66 85 -22.4%
Operating Expenses 1,441 1,564 -7.9%
Show Business Segments breakouts
Egypt · Operating Segments 296 307 -3.6%
North Sea · Operating Segments 164 235 -30.2%
Segment United States [Member] · Operating Segments 979 1,014 -3.5%
Show Consolidation Items breakouts
Intersegment Elimination 2 8 -75.0%
Operating Income 737 979 -24.7%
Show Business Segments breakouts
Egypt · Operating Segments 334 439 -23.9%
North Sea · Operating Segments 2 32 -93.8%
Segment United States [Member] · Operating Segments 403 516 -21.9%
Show Consolidation Items breakouts
Intersegment Elimination -2 -8 +75.0%
Interest Income -3 -3 0.0%
Other Non-Operating Income (Expense) 14 -7 +300.0%
Income Before Taxes 1,028 928 +10.8%
Net Income 603 541 +11.5%
Show Equity Components breakouts
Parent 603 541 +11.5%
Retained Earnings 603 541 +11.5%
Net Income 665 620 +7.3%
Comprehensive Income 602 540 +11.5%
EPS (Basic) 1.67 1.46 +14.4%
EPS (Diluted) 1.67 1.46 +14.4%
Wtd Avg Shares (Basic) 361 371 -2.7%
Wtd Avg Shares (Diluted) 361 372 -3.0%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 107 160 -33.1%
Accounts Receivable 1,509 1,936 -22.1%
Inventory 386 466 -17.2%
Prepaid Expenses & Other Current Assets 27 80 -66.2%
Total Current Assets 2,288 2,918 -21.6%
Non-Current Assets
Deferred Tax Assets 2,517 2,259 +11.4%
Total Assets 18,078 20,195 -10.5%
Show Business Segments breakouts
Egypt · Operating Segments 3,386 3,740 -9.5%
North Sea · Operating Segments 1,163 1,844 -36.9%
Segment United States [Member] · Operating Segments 12,752 14,075 -9.4%
Show Consolidation Items breakouts
Intersegment Elimination 777 536 +45.0%
Current Liabilities
Accounts Payable 1,074 1,012 +6.1%
Total Current Liabilities 2,844 2,889 -1.6%
Debt Current 263 2 +13050.0%
Non-Current Liabilities
Other Non-Current Liabilities 513 531 -3.4%
Stockholders' Equity
Common Stock 308 307 +0.3%
Additional Paid-In Capital 12,980 13,322 -2.6%
Retained Earnings -1,205 -2,286 +47.3%
Accumulated Other Comprehensive Income 11 14 -21.4%
Total Stockholders' Equity 5,905 5,423 +8.9%
Total Liabilities & Equity 18,078 20,195 -10.5%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 1,173 1,018 +15.2%
Show Business Segments breakouts
Egypt · Operating Segments 302 297 +1.7%
North Sea · Operating Segments 124 146 -15.1%
Segment United States [Member] · Operating Segments 747 575 +29.9%
Deferred Income Taxes 170 -42 +504.8%
Other Non-Cash Items 18 31 -41.9%
Change in Accounts Receivable 433 -101 +528.7%
Change in Inventory 5 -2 +350.0%
Change in Accounts Payable -153 -125 -22.4%
Change in Prepaid & Other Assets 1 80 -98.8%
Net Cash from Operations 2,277 1,245 +82.9%
Investing Activities
Other Investing Activities 5 -23 +121.7%
Net Cash from Investing -881 -152 -479.6%
Financing Activities
Amortization of Financing Costs 4 3 +33.3%
Net Cash from Financing -1,914 -1,020 -87.6%
Supplemental
Income Taxes Paid 542 566 -4.2%
Interest Paid 155 178 -12.9%
Other Cash Flow
Net Change in Cash -518 73 -809.6%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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