For the year ending 2025-12-31, APA made $9,220M in revenue. $1,434M in net income. Net profit margin of 15.55%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues and other | 9,220 | 9,737 | 8,192 | 12,132 |
| Lease operating expenses | 1,504 | 1,690 | 1,436 | 1,444 |
| Gathering, processing, and transmission & purchased oil and gas costs-Oil And Gas Excluding Purchased | 424 | 432 | 334 | 367 |
| Gathering, processing, and transmission & purchased oil and gas costs-Oil And Gas Purchased | 1,070 | 1,047 | 742 | 1,776 |
| Taxes other than income | 229 | 270 | 207 | 268 |
| Exploration | 131 | 313 | 195 | 305 |
| General and administrative | 350 | 372 | 351 | 483 |
| Transaction, reorganization, and separation | 102 | 168 | 15 | 26 |
| 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 |
| Financing costs, net | 113 | 367 | 312 | 379 |
| Total operating expenses | 6,429 | 8,202 | 5,309 | 6,398 |
| Net income (loss) before income taxes | - | - | - | 5,734 |
| Net income before income taxes | 2,791 | 1,535 | 2,883 | - |
| Current income tax provision | 739 | 1,153 | 1,338 | 1,507 |
| Deferred income tax provision (benefit) | 360 | -736 | -1,662 | 145 |
| Net income including noncontrolling interests | 1,692 | 1,118 | 3,207 | 4,082 |
| Net income attributable to noncontrolling interest-Noncontrolling Interest Egypt | - | 314 | 352 | 464 |
| Net income attributable to noncontrolling interest-Noncontrolling Interest ALTM | - | 0 | 0 | 14 |
| Net loss attributable to altus preferred unit limited partners | - | 0 | 0 | -70 |
| Net income attributable to noncontrolling interest | 258 | - | - | - |
| Net income attributable to common stock | 1,434 | 804 | 2,855 | 3,674 |
| Basic EPS | 3.99 | 2.28 | 9.26 | 11.05 |
| Diluted EPS | 3.99 | 2.27 | 9.25 | 11.02 |
| Basic Average Shares | 359,000,000 | 353,000,000 | 308,000,000 | 332,000,000 |
| Diluted Average Shares | 359,000,000 | 353,000,000 | 309,000,000 | 333,000,000 |
APA Corp (APA)
APA Corp (APA)