← APA Corp

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total revenues $302.0m $707.0m $1.1b $11.1b $16.6b $19.5b $17.8b
Total revenues and other $6.6b $4.3b $7.9b $12.1b $8.2b $9.7b $9.2b
Cost Of Revenue $94.8m $222.0m $339.8m $4.8b $4.1b $5.4b $5.3b
Reconciled Cost Of Revenue $94.8m $222.0m $339.8m $4.8b $4.1b $5.4b $5.3b
Gross Profit (derived) $207.2m $485.0m $742.2m $6.3b $4.2b $4.3b $3.6b
Lease operating expenses $1.4b $1.1b $1.2b $1.4b $1.4b $1.7b $1.5b
Other Operating Expenses — — — $422.0m $311.0m $461.0m $289.0m
Operating Expenses — $8.5b $5.1b $5.5b $4.6b $7.3b $5.9b
Total operating expenses $9.6b $9.1b $6.0b $6.4b $5.3b $8.2b $6.4b
Operating Income (Loss) — ($4.1b) $2.9b $5.6b $3.6b $2.4b $3.1b
Additional Financial Items
Goodwill, Impairment Loss — $87.0m $0 $0 — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — ($4.6b) $629.0m $2.7b $627.0m $705.0m $1.5b
Investment Income, Interest — $7.0m $8.0m $10.0m $10.0m $12.0m $25.0m
Derivative instrument gains (losses), net ($35.0m) ($223.0m) $94.0m ($114.0m) $99.0m ($10.0m) ($53.0m)
Gain on divestitures, net $43.0m $32.0m $67.0m $1.2b $8.0m $289.0m $301.0m
Gains (losses) on previously sold Gulf of America properties — — — — ($212.0m) ($273.0m) $60.0m
Other, net $54.0m $64.0m $228.0m $148.0m $18.0m ($6.0m) ($8.0m)
Taxes other than income $207.0m $123.0m $204.0m $268.0m $207.0m $270.0m $229.0m
Exploration $805.0m $274.0m $155.0m $305.0m $195.0m $313.0m $131.0m
General and administrative $406.0m $290.0m $376.0m $483.0m $351.0m $372.0m $350.0m
Transaction, reorganization, and separation $50.0m $54.0m $22.0m $26.0m $15.0m $168.0m $102.0m
Depreciation, depletion, and amortization $2.7b $1.8b $1.4b $1.2b $1.5b $2.3b $2.3b
Asset retirement obligation accretion $107.0m $109.0m $113.0m $117.0m $116.0m $148.0m $158.0m
Impairments $2.9b $4.5b $208.0m $0 $61.0m $1.1b $44.0m
Current income tax provision $660.0m $176.0m $652.0m $1.5b $1.3b $1.2b $739.0m
Deferred income tax provision (benefit) $14.0m ($112.0m) ($74.0m) $145.0m ($1.7b) ($736.0m) $360.0m
Basic (in shares) $377.0m $378.0m $374.0m $332.0m $308.0m $353.0m $359.0m
Diluted (in shares) $377.0m $378.0m $375.0m $333.0m $309.0m $353.0m $359.0m
Diluted EPS ($9.43) ($12.86) $2.59 $11.02 $9.25 $2.27 $3.99
Diluted NI Availto Com Stockholders ($3.6b) ($4.9b) $973.0m $3.7b $2.9b $804.0m $1.4b
Gain On Sale Of Business $43.0m $32.0m $67.0m $1.2b $8.0m $289.0m $301.0m
Gain On Sale Of PPE — — ($446.0m) ($157.0m) ($212.0m) — —
Gain On Sale Of Security — — — ($271.0m) ($113.0m) ($283.0m) $7.0m
Impairment Of Capital Assets — — $0 $0 — — —
Interest Income — $7.0m $8.0m $10.0m $10.0m $12.0m $25.0m
Interest Income Non Operating — $7.0m $8.0m $10.0m $10.0m $12.0m $25.0m
Minority Interests — — — ($478.0m) ($352.0m) ($314.0m) ($258.0m)
Net Income From Continuing And Discontinued Operation — — — $3.6b $2.9b $804.0m $1.4b
Net Income From Continuing Operation Net Minority Interest — — — $3.6b $2.9b $804.0m $1.4b
Net Interest Income — — — ($312.0m) ($321.0m) ($367.0m) ($260.0m)
Normalized EBITDA — — — $6.5b $4.9b $5.5b $5.1b
Normalized Income — — — $3.0b $3.0b $1.7b $1.2b
Other Gand A $406.0m $290.0m $376.0m $483.0m $351.0m $372.0m $350.0m
Other Special Charges — — $104.0m $67.0m ($9.0m) — ($147.0m)
Other Taxes $207.0m $123.0m $204.0m $268.0m $207.0m $270.0m $229.0m
Otherunder Preferred Stock Dividend — — $162.0m ($70.0m) $0 $0 —
Reconciled Depreciation $2.7b $1.8b $1.4b $1.2b $1.5b $2.3b $2.3b
Restructuring And Mergern Acquisition $50.0m $54.0m $22.0m $26.0m $15.0m $168.0m $102.0m
Selling General And Administration $406.0m $290.0m $376.0m $483.0m $351.0m $372.0m $350.0m
Special Income Charges — — — $1.1b ($59.0m) ($1.0b) $302.0m
Tax Effect Of Unusual Items — — — $235.1m ($36.1m) ($351.2m) $121.7m
Tax Provision — $64.0m $578.0m $1.7b ($324.0m) $417.0m $1.1b
Tax Rate For Calcs — — — $0 $0 $0 $0
Write Off $2.9b $4.5b $208.0m $0 $61.0m $1.1b $44.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — $2.9b $1.5b $2.8b
Gain (Loss) on Derivative Instruments, Net, Pretax ($35.0m) ($223.0m) $94.0m ($114.0m) $99.0m ($10.0m) ($53.0m)
Total Unusual Items — — — $816.0m ($172.0m) ($1.3b) $309.0m
Total Unusual Items Excluding Goodwill — — — $816.0m ($172.0m) ($1.3b) $309.0m
NET INCOME BEFORE INCOME TAXES ($3.0b) ($4.8b) $1.9b $5.7b $2.9b $1.5b $2.8b
Pre-Tax Income ($3.0b) ($4.8b) $1.9b $5.7b $2.9b $1.5b $2.8b
Net Income Continuous Operations ($3.7b) ($4.9b) $1.3b $4.1b $3.2b $1.1b $1.7b
Net Income (Loss) Attributable to Parent ($3.6b) ($4.9b) $973.0m $3.7b $2.9b $804.0m $1.4b
Net Income (Loss) Available to Common Stockholders, Basic ($3.6b) ($4.9b) $973.0m $3.7b $2.9b $804.0m $1.4b
NET INCOME INCLUDING NONCONTROLLING INTERESTS ($3.7b) ($4.9b) $1.3b $4.1b $3.2b $1.1b $1.7b
Net income attributable to noncontrolling interest ($167.0m) ($120.0m) $178.0m $478.0m $352.0m $314.0m $258.0m
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest — — — — — — $258.0m
Earnings Per Share, Basic ($9.43) ($12.86) $2.60 $11.05 $9.26 $2.28 $3.99
Earnings Per Share, Diluted ($9.43) ($12.86) $2.59 $11.02 $9.25 $2.27 $3.99
Common Stock, Dividends, Per Share, Declared ($9.43) $0.10 $0.24 $0.75 $1.00 $1.00 $1.00
Weighted Average Number of Shares Outstanding, Basic 377.0m 378.0m 374.0m 332.0m 308.0m 353.0m 359.0m
Basic Average Shares $377.0m $378.0m $374.0m $332.0m $308.0m $353.0m $359.0m
Diluted Average Shares $377.0m $378.0m $375.0m $333.0m $309.0m $353.0m $359.0m
Weighted Average Number of Shares Outstanding, Diluted 377.0m 378.0m 375.0m 333.0m 309.0m 353.0m 359.0m
General and Administrative Expense $406.0m $290.0m $376.0m $483.0m $351.0m $372.0m $350.0m
Operating Lease, Expense $1.4b $1.1b $1.2b $1.4b $1.4b $1.7b $1.5b
Other Nonoperating Income (Expense) $54.0m $64.0m $228.0m $148.0m $18.0m ($6.0m) ($8.0m)
Accretion Expense, Including Asset Retirement Obligations — $109.0m $113.0m $117.0m — — —
Share-based Payment Arrangement, Expensed and Capitalized, Amount — — — — $97.0m $58.0m $122.0m
Gathering, processing, and transmission & purchased oil and gas costs $832.0m $1.0b $2.2b $2.1b $1.1b $1.5b $1.5b
Financing costs, net $462.0m $267.0m $514.0m $379.0m $312.0m $367.0m $113.0m
Interest Expense, Debt — $438.0m $419.0m $332.0m $351.0m $402.0m $323.0m
Current Income Tax Expense (Benefit) $660.0m $176.0m $652.0m $1.5b $1.3b $1.2b $739.0m
Interest Expense — — — $314.0m $327.0m $373.0m $278.0m
Interest Expense Non Operating — — — $314.0m $327.0m $373.0m $278.0m
Net Non Operating Interest Income Expense — — — ($312.0m) ($321.0m) ($367.0m) ($260.0m)
Operating Expense — — — $1.2b $869.0m $1.1b $868.0m
Other Income Expense — — — $964.0m ($154.0m) ($1.3b) $301.0m
Other Non Operating Income Expenses $54.0m $64.0m $228.0m $148.0m $18.0m ($6.0m) ($8.0m)
Income Tax Expense (Benefit) — $64.0m $578.0m $1.7b ($324.0m) $417.0m $1.1b
Total Expenses — — — $6.0b $4.9b $6.5b $6.2b
Total Other Finance Cost — — — $8.0m $4.0m $6.0m $7.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.