For the quarter ending 2025-09-30, APA had $368M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income including noncontrolling interests | 278 | 665 | 418 | 425 |
| Unrealized derivative instrument losses, net | -148 | 136 | -28 | 10 |
| Gain on divestitures, net | 5 | 282 | -2 | 5 |
| Exploratory dry hole expense and unproved leasehold impairments | 4 | 32 | 11 | 53 |
| Depreciation, depletion, and amortization | 565 | 530 | 643 | 653 |
| Asset retirement obligation accretion | 40 | 39 | 39 | 36 |
| Impairments | 0 | - | - | 18 |
| Provision for (benefit from) deferred income taxes | 133 | 131 | 39 | -233 |
| Gain on extinguishment of debt | 2 | 3 | 142 | 0 |
| Loss on previously sold gulf of america properties | 0 | 0 | 0 | 190 |
| Other, net | -28 | -5 | -13 | -16 |
| Receivables | -439 | -305 | -128 | 285 |
| Inventories | -5 | 9 | -14 | -15 |
| Drilling advances and other current assets | 71 | -19 | 204 | 56 |
| Deferred charges and other long-term assets | -10 | 0 | -216 | -11 |
| Accounts payable | -152 | -31 | -122 | 272 |
| Accrued expenses | -49 | -6 | -198 | 50 |
| Deferred credits and noncurrent liabilities | -53 | -40 | -19 | -292 |
| Net cash provided by operating activities | 1,460 | 1,181 | 1,096 | 1,036 |
| Additions to upstream oil and gas property | 719 | 660 | 777 | 698 |
| Acquisition of delaware basin properties | - | - | - | 0 |
| Leasehold and property acquisitions | 0 | 7 | -51 | 60 |
| Proceeds from asset divestitures | 19 | 571 | 0 | 885 |
| Proceeds from sale of kinetik shares | 0 | 0 | 0 | 0 |
| Deconsolidation of altus cash and cash equivalents | - | - | - | 0 |
| Other, net | 0 | -1 | -4 | 108 |
| Net cash used in investing activities | -700 | -95 | -786 | 83 |
| Proceeds from (payments on) commercial paper and revolving credit facilities, net | 0 | -766 | 433 | -40 |
| Proceeds from term loan facility | 0 | - | - | 0 |
| Proceeds from (payments on) term loan facility | - | -963 | - | - |
| Payments on term loan facility | 0 | - | 900 | 100 |
| Payment on callon credit agreement | 0 | 0 | - | 0 |
| Fixed-rate debt borrowings | 0 | 0 | 846 | - |
| Payments on fixed-rate debt | 62 | 49 | 905 | 0 |
| Distributions to noncontrolling interest | 173 | 91 | 126 | 35 |
| Treasury stock activity, net | -65 | -50 | -100 | -100 |
| Dividends paid to apa common stockholders | 90 | 90 | 91 | 93 |
| Other, net | -2 | 0 | -25 | 0 |
| Net cash used in financing activities | -392 | -1,046 | -868 | -558 |
| Net decrease in cash and cash equivalents | 368 | 40 | -558 | 561 |
| Cash and cash equivalents at beginning of period | 107 | 67 | 625 | 64 |
| Cash and cash equivalents at end of period | 475 | 107 | 67 | 625 |
APA Corp (APA)
APA Corp (APA)