APA - NASDAQ

APA Corporation

APA·NASDAQ

$38.33

+1.4%

EnergyOil & Gas Exploration & Production

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$13.55B

EPS3.9900

P/E Ratio9.61

Earnings Date08/05/2026

19.00B

Assets

-2%

3Y+45.0%

5Y+49.0%

10Y-16.0%

11.99B

Total Liabilities

-8%

3Y+2.0%

5Y-10.0%

10Y-19.0%

7.00B

Total Equity

10%

3Y+421.0%

5Y-1186.0%

10Y-9.0%

APA Corporation Funding & Solvency Profile

APA · NASDAQ

Current Assets

Cash & Cash Equivalents516.00M

Net Receivables1.06B

Inventory351.00M

Other Current Assets99.00M

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment12.75B

Goodwill & Intangible Assets0.00

Long-Term Investments21.00M

Other Non-Current Assets543.00M

Total Non-Current Assets13 B

Total Assets

19.00B

Financial Health Analysis

Current Ratio

0.82x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.71x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-450000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

APA Corporation Balance Sheet

APA • NASDAQ

APA Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	516M	625M	87M	245M	302M	262M	247M	714M	1.7B	1.4B	1.5B	769M	1.9B	160M	295M	134M	2B	1.2B	125.8M	140.5M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	792M	0.0	0.0
Cash & Short-Term Investments	516M	625M	87M	245M	302M	262M	247M	714M	1.7B	1.4B	1.5B	769M	1.9B	160M	295M	134M	2B	2B	125.8M	140.5M
Net Receivables	1.1B	2B	1.6B	1.5B	1.4B	908M	1.1B	1.2B	1.3B	1.1B	1.3B	2B	3B	3.1B	3.1B	2.1B	1.5B	1.4B	1.9B	1.7B
Accounts Receivables	1.1B	2B	1.6B	1.5B	1.4B	908M	1.1B	1.2B	1.3B	1.1B	1.3B	2B	3B	3.1B	3.1B	2.1B	1.5B	1.4B	1.9B	1.7B
Inventory	351M	425M	453M	427M	473M	492M	502M	401M	368M	476M	570M	708M	891M	908M	655M	564M	533.3M	498.6M	461.2M	320.4M
Prepaids	93M	184M	88M	89M	55M	184M	150M	378M	344M	260M	462M	129M	111M	777M	470M	259M	377.4M	622M	94.5M	159.1M
Other Current Assets	99M	211M	224M	481M	156M	0.0	0.0	0.0	0.0	0.0	0.0	2.8B	506M	31M	304M	389M	81.4M	0.0	133.7M	218.6M
Total Current Assets	2.1B	3.4B	2.5B	2.7B	2.4B	1.8B	2B	2.7B	3.7B	3.2B	3.8B	6.4B	6.4B	5B	4.8B	3.5B	4.6B	4.5B	2.8B	2.5B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	12.7B	12.6B	10B	9B	8.3B	8.8B	14.2B	18.4B	17.8B	18.9B	20.8B	48.1B	52.4B	53.3B	45.4B	38.2B	22.9B	24B	25.2B	21.3B
Goodwill	0.0	0.0	0.0	0.0	0.0	0.0	87M	0.0	0.0	87M	0.0	87M	1.4B	1.3B	1.1B	1B	189.3M	189.3M	189.3M	189.3M
Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	87M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	87M	0.0	0.0	87M	87M	87M	1.4B	1.3B	1.1B	1B	189.3M	189.3M	189.3M	189.3M
Long-Term Investments	21M	0.0	437M	624M	1.4B	1.6B	1.3B	121M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	3.6B	2.7B	1.8B	39M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	543M	637M	549M	764M	1.2B	526M	643M	353M	438M	324M	823M	1.4B	1.5B	1.2B	686M	762M	510M	587.7M	461.6M	282.4M
Total Non-Current Assets	16.9B	16B	12.8B	10.4B	10.9B	10.9B	16.1B	18.9B	18.2B	19.3B	21.7B	49.5B	55.3B	55.8B	47.2B	39.9B	23.6B	24.7B	25.9B	21.8B
Total Assets	19B	19.4B	15.2B	13.1B	13.3B	12.7B	18.1B	21.6B	21.9B	22.5B	25.5B	56B	61.6B	60.7B	52.1B	43.4B	28.2B	29.2B	28.6B	24.3B
LIABILITIES
CURRENT LIABILITIES
Total Payables	983M	1.4B	796M	861M	759M	469M	695M	709M	641M	607M	618M	1.3B	1.9B	1.4B	1.9B	779M	396.6M	548.9M	691.1M	647M
Accounts Payable	871M	1.2B	658M	771M	731M	444M	695M	709M	641M	585M	618M	1.2B	1.6B	1.1B	1B	779M	396.6M	548.9M	617.9M	644.9M
Other Payables	112M	221M	138M	90M	28M	25M	0.0	0.0	0.0	22M	0.0	54M	248M	350M	817M	0.0	0.0	0.0	73.2M	2.1M
Accrued Expenses	266M	757M	626M	575M	443M	398M	826M	1.1B	1.1B	919M	1.1B	2.1B	1.9B	199M	181M	232M	1B	112.5M	172.5M	127.8M
Short Term Debt	310M	53M	2M	2M	215M	2M	11M	150M	550M	0.0	1M	0.0	53M	990M	431M	46M	117.3M	112.6M	215.1M	1.8B
Capital Lease Obligations (Current)	0.0	118M	116M	167M	99M	116M	169M	1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	221M	138M	90M	28M	25M	51M	58M	55M	22M	47M	54M	257M	350M	817M	0.0	2.8B	48M	0.0	0.0
Other Current Liabilities	1B	582M	864M	1.3B	601M	323M	154M	214M	239M	317M	136M	267M	850M	2.9B	2.5B	2.5B	866.1M	1.8B	1.6B	1.2B
Total Current Liabilities	2.6B	3B	2.4B	2.9B	2.1B	1.3B	1.9B	2.2B	2.6B	1.8B	1.8B	3.7B	4.7B	5.5B	5B	3.5B	2.4B	2.6B	2.7B	3.8B
NON-CURRENT LIABILITIES
Long Term Debt	4.3B	6B	5.2B	5.5B	7.3B	8.8B	8.6B	8.1B	7.9B	8.5B	8.7B	11.2B	9.7B	11.4B	6.8B	8.1B	5B	4.8B	4B	2B
Deferred Tax Liabilities (Non-Current)	1.2B	14M	371M	314M	148M	215M	346M	391M	545M	1.7B	2.5B	9.5B	8.4B	8B	7.2B	4.2B	2.8B	3.2B	0.0	3.6B
Other Non-Current Liabilities	3.7B	4.1B	3.6B	3.1B	4.5B	3.1B	2.9B	2.1B	2.1B	2.7B	2.9B	3.4B	3.5B	4.5B	4.1B	3.2B	2.3B	2.1B	6.6B	1.7B
Total Non-Current Liabilities	9.4B	10.1B	9.1B	8.9B	11.9B	12.1B	11.8B	10.6B	10.6B	13B	14.2B	24.2B	21.5B	23.9B	18.1B	15.5B	10B	10.1B	10.6B	7.3B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-564K	0.0	0.0	0.0
Capital Lease Obligations	245M	118M	116M	167M	99M	116M	169M	40M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	12B	13B	11.6B	11.8B	14B	13.4B	13.6B	12.8B	13.1B	14.8B	16B	27.8B	26.2B	29.4B	23.1B	19B	12.4B	12.7B	13.3B	11.1B
SHAREHOLDERS' EQUITY
Treasury Stock	-6.3B	-6B	-5.8B	-5.5B	-4B	-3.2B	-3.2B	-3.2B	-2.9B	-2.9B	-2.9B	-2.9B	-1B	-30M	-32M	-36M	-216.8M	-228.3M	-238.3M	-256.7M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.2B	1.2B	1.2B	0.0	98.4M	98.4M	98.4M
Common Stock	308M	307M	263M	262M	262M	262M	261M	260M	259M	258M	257M	256M	255M	245M	241M	240M	215M	214.2M	213.3M	212.4M
Additional Paid-In Capital	12.8B	13.2B	11.1B	11.4B	11.6B	11.7B	11.8B	12.1B	12.1B	12.4B	12.6B	12.4B	12.3B	9.9B	9.1B	8.9B	4.6B	4.5B	4.4B	4.3B
Retained Earnings	-721M	-2.2B	-3B	-5.8B	-9.5B	-10.5B	-5.6B	-2B	-2.1B	-3.4B	-2B	16.2B	22B	20.2B	18.5B	14.2B	11.4B	11.9B	11.5B	8.9B
Accumulated Other Comprehensive Income/Loss	10M	12M	15M	14M	22M	14M	16M	4M	4M	-112M	-119M	-116M	-115M	-131M	-9M	-141M	-290.5M	21.8M	-520.2M	-31.3M
Total Stockholders' Equity	6.1B	5.3B	2.7B	423M	-1.6B	-1.6B	3.3B	7.1B	7.4B	6.2B	7.9B	25.9B	33.4B	31.3B	29B	24.4B	15.8B	16.5B	15.4B	13.2B
Total Equity	7B	6.4B	3.7B	1.3B	-717M	-645M	4.5B	8.8B	8.8B	7.7B	9.5B	28.1B	35.4B	31.3B	29B	24.4B	15.8B	16.5B	15.4B	13.2B
Minority Interest	910M	1.1B	1B	922M	878M	994M	1.2B	1.7B	1.4B	1.4B	1.6B	2.2B	2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	19B	19.4B	15.2B	13.1B	13.3B	12.7B	18.1B	21.6B	21.9B	22.5B	25.5B	56B	61.6B	60.7B	52.1B	43.4B	28.2B	29.2B	28.6B	24.3B
Total Investments	21M	0.0	437M	624M	1.4B	1.6B	1.3B	121M	0.0	0.0	-92M	0.0	0.0	0.0	0.0	0.0	0.0	792M	0.0	0.0
Total Debt	4.8B	6.2B	5.3B	5.6B	7.6B	8.9B	8.7B	8.2B	8.5B	8.5B	8.7B	11.2B	9.7B	12.3B	7.2B	8.1B	5.1B	4.9B	4.2B	3.8B
Net Debt	4.3B	5.5B	5.2B	5.4B	7.3B	8.6B	8.5B	7.5B	6.8B	7.2B	7.3B	10.5B	7.8B	12.2B	6.9B	8B	3B	3.7B	4.1B	3.7B
Shares Outstanding	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345	354,742,345

SEC Filings

APA - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 26, 2026	May 21, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 14, 2026	April 14, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 09, 2026	April 09, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 26, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing
8-K 8-K 2026 N/A	January 20, 2026	January 20, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 10, 2025	November 06, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 06, 2025	September 30, 2025	2025	View Filing

Showing 1 to 10 of 91 filings

Related Guides

Blog Categories

Continue your APA research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.