For the year ending 2025-12-31, APA had -$109M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income including noncontrolling interests | 1,692 | 1,118 | 3,207 | 4,082 |
| Unrealized derivative instrument (gains) losses, net | -77 | -8 | 51 | -67 |
| Gain on divestitures, net | 301 | 289 | 8 | 1,180 |
| Exploratory dry hole expense and unproved leasehold impairments | 69 | 236 | 114 | 207 |
| Depreciation, depletion, and amortization | 2,304 | 2,266 | 1,540 | 1,233 |
| Asset retirement obligation accretion | 158 | 148 | 116 | 117 |
| Impairments | 44 | 1,129 | 61 | 0 |
| Provision for (benefit from) deferred income taxes | 360 | -736 | -1,662 | 145 |
| Gain from extinguishment of debt | 147 | 0 | 9 | -67 |
| (gains) losses on previously sold gulf of america properties | -60 | 273 | 212 | 157 |
| Other | -57 | -2 | -26 | 73 |
| Receivables | -850 | 104 | 157 | 93 |
| Inventories | -7 | 11 | -13 | 1 |
| Drilling advances and other current assets | 223 | 56 | -269 | -15 |
| Deferred charges and other long-term assets | -36 | -11 | -270 | -69 |
| Accounts payable | -365 | 81 | -84 | -4 |
| Accrued expenses | -199 | -221 | -400 | 303 |
| Deferred credits and noncurrent liabilities | -260 | -235 | -328 | -138 |
| Net cash provided by operating activities | 4,545 | 3,620 | 3,129 | 4,943 |
| Additions to oil and gas property | 2,740 | 2,851 | 2,313 | 1,770 |
| Acquisition of delaware basin properties | 0 | 0 | 24 | 591 |
| Leasehold and property acquisitions | - | - | - | 37 |
| Contributions to altus equity method interests | - | - | - | 0 |
| Leasehold and property acquisitions | 26 | 60 | 20 | - |
| Proceeds from asset divestitures | 611 | 1,609 | 29 | 778 |
| Proceeds from sale of kinetik shares | 0 | 428 | 228 | 224 |
| Deconsolidation of altus cash and cash equivalents | - | 0 | 0 | 143 |
| Other, net | -2 | 50 | 38 | -28 |
| Net cash used in investing activities | -2,153 | -924 | -2,138 | -1,511 |
| Proceeds from (payments on) commercial paper and revolving credit facilities, net | - | -40 | - | - |
| Payments on commercial paper and revolving credit facilities, net | 333 | - | - | - |
| Proceeds from term loan facility | 0 | 1,500 | - | - |
| Proceeds from (repayments of) lines of credit-Apache Credit Facility | - | - | - | 24 |
| Payments on term loan facility | 900 | 600 | - | - |
| Proceeds from (repayments of) lines of credit-Credit Facility Altus | - | - | - | 0 |
| Payment on callon credit agreement | 0 | 472 | - | - |
| Fixed rate debt borrowings | - | - | - | 0 |
| Proceeds from (repayments of) lines of credit | - | - | -194 | - |
| Fixed rate debt borrowings | 846 | - | - | - |
| Payments on fixed-rate debt | 1,016 | 1,641 | 65 | 1,493 |
| Distributions to noncontrolling interest | 430 | 268 | 238 | 362 |
| Distributions to altus preferred unit limited partners | - | - | - | 11 |
| Dividends paid to apa common stockholders | 360 | 353 | 308 | 207 |
| Treasury stock activity, net | -280 | -246 | -329 | -1,423 |
| Other, net | -28 | -38 | -15 | -17 |
| Net cash used in financing activities | -2,501 | -2,158 | -1,149 | -3,489 |
| Net increase (decrease) in cash and cash equivalents | -109 | 538 | -158 | -57 |
| Cash and cash equivalents at beginning of year | 625 | 87 | 245 | 302 |
| Cash and cash equivalents at end of period | 516 | 625 | 87 | 245 |
APA Corp (APA)
APA Corp (APA)