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10-Q Filing

APA CORP CIK: 1841666 Q2 2022
Filing Information
Form Type 10-Q
Accession Number 0001784031-22-000021
Period End Date 20220630
Filing Date 20220804
Fiscal Year 2022
Fiscal Period Q2
XBRL Instance apa-20220630_htm.xml
Balance Sheet 101 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $282.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $302.00M USD Point-in-time
Receivables, allowance AllowanceForDoubtfulAccountsReceivableCurrent $115.00M USD Point-in-time
Receivables, allowance AllowanceForDoubtfulAccountsReceivableCurrent $109.00M USD Point-in-time
Other current assets OtherAssetsCurrent $684.00M USD Point-in-time
Other current assets OtherAssetsCurrent $907.00M USD Point-in-time
Cash and cash equivalents ($132 related to Altus VIE) CashAndCashEquivalentsAtCarryingValue $282.00M USD Point-in-time
Gathering, processing, and transmission facilities GatheringProcessingAndTransmissionFacilitiesNoncurrent $673.00M USD Point-in-time
Gathering, processing, and transmission facilities GatheringProcessingAndTransmissionFacilitiesNoncurrent $447.00M USD Point-in-time
Cash and cash equivalents ($132 related to Altus VIE) CashAndCashEquivalentsAtCarryingValue $302.00M USD Point-in-time
Receivables, net of allowance of $115 and $109 ReceivablesNetCurrent $1.39B USD Point-in-time
Receivables, net of allowance of $115 and $109 ReceivablesNetCurrent $1.89B USD Point-in-time
Other property and equipment PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization $604.00M USD Point-in-time
Other property and equipment PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization $1.13B USD Point-in-time
Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties $33.76B USD Point-in-time
Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties $34.21B USD Point-in-time
Other current assets (Note 5) ($9 related to Altus VIE) OtherAssetsCurrent $684.00M USD Point-in-time
Other current assets (Note 5) ($9 related to Altus VIE) OtherAssetsCurrent $907.00M USD Point-in-time
Assets, Current AssetsCurrent $3.08B USD Point-in-time
Assets, Current AssetsCurrent $2.38B USD Point-in-time
Equity method interests EquityMethodInvestments $618.00M USD Point-in-time
Equity method interests EquityMethodInvestments $1.36B USD Point-in-time
Deferred charges and other DeferredCostsAndOtherAssets $583.00M USD Point-in-time
Deferred charges and other DeferredCostsAndOtherAssets $609.00M USD Point-in-time
Oil and gas properties OilAndGasPropertySuccessfulEffortMethodGross $40.94B USD Point-in-time
Oil and gas properties OilAndGasPropertySuccessfulEffortMethodGross $40.75B USD Point-in-time
Accounts payable AccountsPayableCurrent $731.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $925.00M USD Point-in-time
Gathering, processing, and transmission facilities ($209 related to Altus VIE) GatheringProcessingAndTransmissionFacilitiesNoncurrent $673.00M USD Point-in-time
Gathering, processing, and transmission facilities ($209 related to Altus VIE) GatheringProcessingAndTransmissionFacilitiesNoncurrent $447.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.76B USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $1.17B USD Point-in-time
Other ($3 related to Altus VIE) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization $604.00M USD Point-in-time
Other ($3 related to Altus VIE) PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization $1.13B USD Point-in-time
Asset retirement obligation AssetRetirementObligationsNoncurrent $2.06B USD Point-in-time
Less: Accumulated depreciation, depletion, and amortization ($25 related to Altus VIE) AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties $33.76B USD Point-in-time
Asset retirement obligation AssetRetirementObligationsNoncurrent $2.09B USD Point-in-time
Less: Accumulated depreciation, depletion, and amortization ($25 related to Altus VIE) AccumulatedDepreciationDepletionAndAmortizationPropertyAndEquipmentIncludingFinanceLeaseOilAndGasProperties $34.21B USD Point-in-time
Other current liabilities OtherLiabilitiesNoncurrent $471.00M USD Point-in-time
Property and equipment, net PropertyAndEquipmentNetIncludingFinanceLeaseRightOfUseAssetsOilAndGasProperties $8.23B USD Point-in-time
Property and equipment, net PropertyAndEquipmentNetIncludingFinanceLeaseRightOfUseAssetsOilAndGasProperties $8.34B USD Point-in-time
Other current liabilities OtherLiabilitiesNoncurrent $573.00M USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $0.62 USD Point-in-time
Common stock, par value (in USD per share) CommonStockParOrStatedValuePerShare $0.62 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 860.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 860.00M shares Point-in-time
Equity method interests (Note 6) ($1,365 related to Altus VIE) EquityMethodInvestments $618.00M USD Point-in-time
Equity method interests (Note 6) ($1,365 related to Altus VIE) EquityMethodInvestments $1.36B USD Point-in-time
Decommissioning security for sold Gulf of Mexico properties (Note 11) DecommissioningSecurityForSoldProperties $640.00M USD Point-in-time
Decommissioning security for sold Gulf of Mexico properties (Note 11) DecommissioningSecurityForSoldProperties $383.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 419.08M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 419.76M shares Point-in-time
Deferred charges and other ($6 related to Altus VIE) DeferredCostsAndOtherAssets $583.00M USD Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 86.36M shares Point-in-time
Treasury stock, shares (in shares) TreasuryStockShares 72.15M shares Point-in-time
Deferred charges and other ($6 related to Altus VIE) DeferredCostsAndOtherAssets $609.00M USD Point-in-time
Total assets Assets $12.92B USD Point-in-time
Total assets Assets $13.51B USD Point-in-time
Total assets Assets $13.30B USD Point-in-time
Accounts payable ($12 related to Altus VIE) AccountsPayableCurrent $731.00M USD Point-in-time
Accounts payable ($12 related to Altus VIE) AccountsPayableCurrent $925.00M USD Point-in-time
Current debt DebtCurrent $215.00M USD Point-in-time
Current debt DebtCurrent $125.00M USD Point-in-time
Other current liabilities (Note 7) ($15 related to Altus VIE) OtherLiabilitiesCurrent $1.76B USD Point-in-time
Other current liabilities (Note 7) ($15 related to Altus VIE) OtherLiabilitiesCurrent $1.17B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.81B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.12B USD Point-in-time
LONG-TERM DEBT (Note 9) ($657 related to Altus VIE) LongTermDebtAndCapitalLeaseObligations $5.16B USD Point-in-time
LONG-TERM DEBT (Note 9) ($657 related to Altus VIE) LongTermDebtAndCapitalLeaseObligations $7.29B USD Point-in-time
Income taxes DeferredIncomeTaxLiabilitiesNet $148.00M USD Point-in-time
Income taxes DeferredIncomeTaxLiabilitiesNet $89.00M USD Point-in-time
Asset retirement obligation (Note 8) ($68 related to Altus VIE) AssetRetirementObligationsNoncurrent $2.06B USD Point-in-time
Asset retirement obligation (Note 8) ($68 related to Altus VIE) AssetRetirementObligationsNoncurrent $2.09B USD Point-in-time
Decommissioning contingency for sold Gulf of Mexico properties (Note 11) DecommissioningContingencyForSoldProperties $1.09B USD Point-in-time
Decommissioning contingency for sold Gulf of Mexico properties (Note 11) DecommissioningContingencyForSoldProperties $825.00M USD Point-in-time
Other ($67 related to Altus VIE) OtherLiabilitiesNoncurrent $471.00M USD Point-in-time
Other ($67 related to Altus VIE) OtherLiabilitiesNoncurrent $573.00M USD Point-in-time
Total deferred credits and other noncurrent liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $3.45B USD Point-in-time
Total deferred credits and other noncurrent liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $3.90B USD Point-in-time
REDEEMABLE NONCONTROLLING INTEREST - ALTUS PREFERRED UNIT LIMITED PARTNERS (Note 12) RedeemableNoncontrollingInterestEquityCarryingAmount - USD Point-in-time
REDEEMABLE NONCONTROLLING INTEREST - ALTUS PREFERRED UNIT LIMITED PARTNERS (Note 12) RedeemableNoncontrollingInterestEquityCarryingAmount $712.00M USD Point-in-time
Common stock, $0.625 par, 860,000,000 shares authorized, 419,756,641 and 419,078,606 shares issued, respectively CommonStockValue $262.00M USD Point-in-time
Common stock, $0.625 par, 860,000,000 shares authorized, 419,756,641 and 419,078,606 shares issued, respectively CommonStockValue $262.00M USD Point-in-time
Paid-in capital AdditionalPaidInCapital $11.64B USD Point-in-time
Paid-in capital AdditionalPaidInCapital $11.57B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-6.68B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-9.49B USD Point-in-time
Treasury stock, at cost, 86,362,994 and 72,147,841 shares, respectively TreasuryStockCommonValue $4.04B USD Point-in-time
Treasury stock, at cost, 86,362,994 and 72,147,841 shares, respectively TreasuryStockCommonValue $4.59B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $21.00M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $22.00M USD Point-in-time
APA SHAREHOLDERS EQUITY (DEFICIT) StockholdersEquity $584.00M USD Point-in-time
APA SHAREHOLDERS EQUITY (DEFICIT) StockholdersEquity $-1.59B USD Point-in-time
TOTAL EQUITY (DEFICIT) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $76.00M USD Point-in-time
TOTAL EQUITY (DEFICIT) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-717.00M USD Point-in-time
TOTAL EQUITY (DEFICIT) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.50B USD Point-in-time
TOTAL EQUITY (DEFICIT) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $852.00M USD Point-in-time
TOTAL EQUITY (DEFICIT) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-261.00M USD Point-in-time
TOTAL EQUITY (DEFICIT) StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-645.00M USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $13.30B USD Point-in-time
TOTAL LIABILITIES AND EQUITY LiabilitiesAndStockholdersEquity $12.92B USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Derivative instrument gains (losses), net GainLossOnDerivativeInstrumentsNetPretax $-32.00M USD 1 Quarter
Derivative instrument gains (losses), net GainLossOnDerivativeInstrumentsNetPretax $-94.00M USD 2 Qtrs
Derivative instrument gains (losses), net GainLossOnDerivativeInstrumentsNetPretax $45.00M USD 2 Qtrs
Derivative instrument gains (losses), net GainLossOnDerivativeInstrumentsNetPretax $-113.00M USD 1 Quarter
Gain (loss) on divestitures, net GainLossOnSaleOfBusiness $65.00M USD 1 Quarter
Gain (loss) on divestitures, net GainLossOnSaleOfBusiness $67.00M USD 2 Qtrs
Gain (loss) on divestitures, net GainLossOnSaleOfBusiness $-27.00M USD 1 Quarter
Gain (loss) on divestitures, net GainLossOnSaleOfBusiness $1.15B USD 2 Qtrs
Other, net OtherSalesRevenueLossesNet $135.00M USD 2 Qtrs
Other, net OtherSalesRevenueLossesNet $74.00M USD 1 Quarter
Other, net OtherSalesRevenueLossesNet $64.00M USD 1 Quarter
Other, net OtherSalesRevenueLossesNet $109.00M USD 2 Qtrs
Total revenues and other RevenuesAndOther $3.87B USD 2 Qtrs
Total revenues and other RevenuesAndOther $6.88B USD 2 Qtrs
Total revenues and other RevenuesAndOther $3.05B USD 1 Quarter
Total revenues and other RevenuesAndOther $1.78B USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $575.00M USD 2 Qtrs
Lease operating expenses OperatingLeaseExpense $703.00M USD 2 Qtrs
Lease operating expenses OperatingLeaseExpense $359.00M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $311.00M USD 1 Quarter
Taxes other than income TaxesOther $78.00M USD 1 Quarter
Taxes other than income TaxesOther $51.00M USD 1 Quarter
Taxes other than income TaxesOther $95.00M USD 2 Qtrs
Taxes other than income TaxesOther $148.00M USD 2 Qtrs
Exploration ExplorationExpense $75.00M USD 2 Qtrs
Exploration ExplorationExpense $26.00M USD 1 Quarter
Exploration ExplorationExpense $56.00M USD 1 Quarter
Exploration ExplorationExpense $98.00M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $169.00M USD 2 Qtrs
General and administrative GeneralAndAdministrativeExpense $89.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $86.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $245.00M USD 2 Qtrs
Transaction, reorganization, and separation RestructuringCharges $4.00M USD 1 Quarter
Transaction, reorganization, and separation RestructuringCharges $3.00M USD 1 Quarter
Transaction, reorganization, and separation RestructuringCharges $4.00M USD 2 Qtrs
Transaction, reorganization, and separation RestructuringCharges $17.00M USD 2 Qtrs
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $693.00M USD 2 Qtrs
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $278.00M USD 1 Quarter
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $351.00M USD 1 Quarter
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $569.00M USD 2 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $28.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $56.00M USD 2 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $29.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $58.00M USD 2 Qtrs
Financing costs, net FinancingCostsNet $228.00M USD 2 Qtrs
Financing costs, net FinancingCostsNet $107.00M USD 1 Quarter
Financing costs, net FinancingCostsNet $76.00M USD 1 Quarter
Financing costs, net FinancingCostsNet $217.00M USD 2 Qtrs
Total operating expenses CostsAndExpenses $1.29B USD 1 Quarter
Total operating expenses CostsAndExpenses $3.12B USD 2 Qtrs
Total operating expenses CostsAndExpenses $2.76B USD 2 Qtrs
Total operating expenses CostsAndExpenses $1.59B USD 1 Quarter
NET INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $495.00M USD 1 Quarter
NET INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.11B USD 2 Qtrs
NET INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.46B USD 1 Quarter
NET INCOME BEFORE INCOME TAXES IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.76B USD 2 Qtrs
Current income tax provision CurrentIncomeTaxExpenseBenefit $131.00M USD 1 Quarter
Current income tax provision CurrentIncomeTaxExpenseBenefit $280.00M USD 2 Qtrs
Current income tax provision CurrentIncomeTaxExpenseBenefit $415.00M USD 1 Quarter
Current income tax provision CurrentIncomeTaxExpenseBenefit $807.00M USD 2 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-44.00M USD 1 Quarter
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-23.00M USD 2 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-60.00M USD 2 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-20.00M USD 1 Quarter
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $408.00M USD 1 Quarter
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $3.01B USD 2 Qtrs
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $858.00M USD 2 Qtrs
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $1.07B USD 1 Quarter
Net income (loss) attributable to Altus Preferred Unit limited partners NetIncomeLossAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Net income (loss) attributable to Altus Preferred Unit limited partners NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-70.00M USD 2 Qtrs
Net income (loss) attributable to Altus Preferred Unit limited partners NetIncomeLossAttributableToRedeemableNoncontrollingInterest $24.00M USD 1 Quarter
Net income (loss) attributable to Altus Preferred Unit limited partners NetIncomeLossAttributableToRedeemableNoncontrollingInterest $43.00M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCK NetIncomeLossAvailableToCommonStockholdersBasic $704.00M USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCK NetIncomeLossAvailableToCommonStockholdersBasic $926.00M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON STOCK NetIncomeLossAvailableToCommonStockholdersBasic $2.81B USD 2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCK NetIncomeLossAvailableToCommonStockholdersBasic $316.00M USD 1 Quarter
Basic (in USD per share) EarningsPerShareBasic $8.18 USD 2 Qtrs
Basic (in USD per share) EarningsPerShareBasic $2.72 USD 1 Quarter
Basic (in USD per share) EarningsPerShareBasic $1.86 USD 2 Qtrs
Basic (in USD per share) EarningsPerShareBasic $0.83 USD 1 Quarter
Diluted (in USD per share) EarningsPerShareDiluted $8.15 USD 2 Qtrs
Diluted (in USD per share) EarningsPerShareDiluted $2.71 USD 1 Quarter
Diluted (in USD per share) EarningsPerShareDiluted $0.82 USD 1 Quarter
Diluted (in USD per share) EarningsPerShareDiluted $1.86 USD 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 344.00M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 378.00M shares 2 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 341.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 378.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 379.00M shares 2 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 379.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 342.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 344.00M shares 2 Qtrs
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net income including noncontrolling interests ProfitLoss $408.00M USD 1 Quarter
Net income including noncontrolling interests ProfitLoss $3.01B USD 2 Qtrs
Net income including noncontrolling interests ProfitLoss $858.00M USD 2 Qtrs
Net income including noncontrolling interests ProfitLoss $1.07B USD 1 Quarter
Unrealized derivative instrument losses, net UnrealizedGainLossOnDerivatives $-83.00M USD 2 Qtrs
Unrealized derivative instrument losses, net UnrealizedGainLossOnDerivatives $-55.00M USD 2 Qtrs
Gain on divestitures, net GainLossOnSaleOfProperties $1.15B USD 2 Qtrs
Gain on divestitures, net GainLossOnSaleOfProperties $67.00M USD 2 Qtrs
Exploratory dry hole expense and unproved leasehold impairments ResultsOfOperationsDryHoleCosts $46.00M USD 2 Qtrs
Exploratory dry hole expense and unproved leasehold impairments ResultsOfOperationsDryHoleCosts $47.00M USD 2 Qtrs
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $693.00M USD 2 Qtrs
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $278.00M USD 1 Quarter
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $351.00M USD 1 Quarter
Depreciation, depletion, and amortization DepreciationDepletionAndAmortization $569.00M USD 2 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $28.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $56.00M USD 2 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $29.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $58.00M USD 2 Qtrs
Benefit from deferred income taxes DeferredIncomeTaxExpenseBenefit $-44.00M USD 1 Quarter
Benefit from deferred income taxes DeferredIncomeTaxExpenseBenefit $-23.00M USD 2 Qtrs
Benefit from deferred income taxes DeferredIncomeTaxExpenseBenefit $-60.00M USD 2 Qtrs
Benefit from deferred income taxes DeferredIncomeTaxExpenseBenefit $-20.00M USD 1 Quarter
(Gain) loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $1.00M USD 2 Qtrs
(Gain) loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
(Gain) loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $1.00M USD 1 Quarter
(Gain) loss on extinguishment of debt GainsLossesOnExtinguishmentOfDebt $-67.00M USD 2 Qtrs
Other, net OtherNoncashIncomeExpense $14.00M USD 2 Qtrs
Other, net OtherNoncashIncomeExpense $88.00M USD 2 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $165.00M USD 2 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $519.00M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $18.00M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $-20.00M USD 2 Qtrs
Drilling advances and other current assets IncreaseDecreaseInDrillingAdvances $43.00M USD 2 Qtrs
Drilling advances and other current assets IncreaseDecreaseInDrillingAdvances $28.00M USD 2 Qtrs
Deferred charges and other long-term assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $18.00M USD 2 Qtrs
Deferred charges and other long-term assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $11.00M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $157.00M USD 2 Qtrs
Accounts payable IncreaseDecreaseInAccountsPayable $206.00M USD 2 Qtrs
Accrued expenses IncreaseDecreaseInAccruedLiabilities $17.00M USD 2 Qtrs
Accrued expenses IncreaseDecreaseInAccruedLiabilities $202.00M USD 2 Qtrs
Deferred credits and noncurrent liabilities IncreaseDecreaseOfDeferredChargesDeferredCreditsAndNoncurrentLiabilities $-2.00M USD 2 Qtrs
Deferred credits and noncurrent liabilities IncreaseDecreaseOfDeferredChargesDeferredCreditsAndNoncurrentLiabilities $-17.00M USD 2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $1.64B USD 2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $2.43B USD 2 Qtrs
Additions to upstream oil and gas property PaymentsToExploreAndDevelopOilAndGasProperties $558.00M USD 2 Qtrs
Additions to upstream oil and gas property PaymentsToExploreAndDevelopOilAndGasProperties $741.00M USD 2 Qtrs
Leasehold and property acquisitions PaymentsToAcquireOilAndGasProperty $26.00M USD 2 Qtrs
Leasehold and property acquisitions PaymentsToAcquireOilAndGasProperty $3.00M USD 2 Qtrs
Proceeds from sale of oil and gas properties ProceedsFromSaleOfOilAndGasPropertyAndEquipment $751.00M USD 2 Qtrs
Proceeds from sale of oil and gas properties ProceedsFromSaleOfOilAndGasPropertyAndEquipment $181.00M USD 2 Qtrs
Proceeds from sale of Kinetik shares ProceedsFromSaleOfEquityMethodInvestments $224.00M USD 2 Qtrs
Proceeds from sale of Kinetik shares ProceedsFromSaleOfEquityMethodInvestments - USD 2 Qtrs
Deconsolidation of Altus cash and cash equivalents CashDivestedFromDeconsolidation - USD 2 Qtrs
Deconsolidation of Altus cash and cash equivalents CashDivestedFromDeconsolidation $143.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $49.00M USD 2 Qtrs
Other, net PaymentsForProceedsFromOtherInvestingActivities $13.00M USD 2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $16.00M USD 2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-393.00M USD 2 Qtrs
Payments on revolving credit facilities, net ProceedsFromRepaymentsOfLinesOfCredit $-150.00M USD 2 Qtrs
Payments on revolving credit facilities, net ProceedsFromRepaymentsOfLinesOfCredit $-267.00M USD 2 Qtrs
Proceeds from Altus credit facility, net ProceedsFromRelatedPartyDebt $33.00M USD 2 Qtrs
Proceeds from Altus credit facility, net ProceedsFromRelatedPartyDebt - USD 2 Qtrs
Payments on Apache fixed-rate debt RepaymentsOfFixedRateDebt $1.37B USD 2 Qtrs
Payments on Apache fixed-rate debt RepaymentsOfFixedRateDebt $20.00M USD 2 Qtrs
Distributions to noncontrolling interest - Egypt PaymentsToMinorityShareholders $159.00M USD 2 Qtrs
Distributions to noncontrolling interest - Egypt PaymentsToMinorityShareholders $60.00M USD 2 Qtrs
Distributions to Altus Preferred Unit limited partners PaymentForDistributionToLimitedPartner $11.00M USD 2 Qtrs
Distributions to Altus Preferred Unit limited partners PaymentForDistributionToLimitedPartner $23.00M USD 2 Qtrs
Treasury stock activity, net TreasuryStockActivityNet $-552.00M USD 2 Qtrs
Treasury stock activity, net TreasuryStockActivityNet - USD 2 Qtrs
Dividends paid to APA common stockholders PaymentsOfDividendsCommonStock $9.00M USD 1 Quarter
Dividends paid to APA common stockholders PaymentsOfDividendsCommonStock $43.00M USD 1 Quarter
Dividends paid to APA common stockholders PaymentsOfDividendsCommonStock $86.00M USD 2 Qtrs
Dividends paid to APA common stockholders PaymentsOfDividendsCommonStock $19.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-21.00M USD 2 Qtrs
Other, net ProceedsFromPaymentsForOtherFinancingActivities $-17.00M USD 2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-260.00M USD 2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-2.46B USD 2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-20.00M USD 2 Qtrs
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $987.00M USD 2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.00M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.25B USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.00M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $282.00M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $302.00M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.25B USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $262.00M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $282.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $172.00M USD 2 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $233.00M USD 2 Qtrs
Income taxes paid, net of refunds IncomeTaxesPaidNet $231.00M USD 2 Qtrs
Income taxes paid, net of refunds IncomeTaxesPaidNet $637.00M USD 2 Qtrs
Stockholders Equity 36 line items
Line Item Tag Value Unit Period
Common stock, dividends, per share (in USD per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Common stock, dividends, per share (in USD per share) CommonStockDividendsPerShareDeclared $0.06 USD 1 Quarter
Common stock, dividends, per share (in USD per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Common stock, dividends, per share (in USD per share) CommonStockDividendsPerShareDeclared $0.03 USD 1 Quarter
Common stock, dividends, per share (in USD per share) CommonStockDividendsPerShareDeclared $0.25 USD 2 Qtrs
Common stock, dividends, per share (in USD per share) CommonStockDividendsPerShareDeclared $0.05 USD 2 Qtrs
Beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount - USD Point-in-time
Beginning balance RedeemableNoncontrollingInterestEquityCarryingAmount $712.00M USD Point-in-time
Ending balance RedeemableNoncontrollingInterestEquityCarryingAmount - USD Point-in-time
Ending balance RedeemableNoncontrollingInterestEquityCarryingAmount $712.00M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $76.00M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-717.00M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.50B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $852.00M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-261.00M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-645.00M USD Point-in-time
Net income attributable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $704.00M USD 2 Qtrs
Net income attributable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $926.00M USD 1 Quarter
Net income attributable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $2.81B USD 2 Qtrs
Net income attributable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $316.00M USD 1 Quarter
Common dividends declared DividendsCommonStockCash $10.00M USD 1 Quarter
Common dividends declared DividendsCommonStockCash $42.00M USD 1 Quarter
Common dividends declared DividendsCommonStockCash $19.00M USD 2 Qtrs
Common dividends declared DividendsCommonStockCash $85.00M USD 2 Qtrs
Treasury stock activity, net TreasuryStockValueAcquiredCostMethod $291.00M USD 1 Quarter
Treasury stock activity, net TreasuryStockValueAcquiredCostMethod $551.00M USD 2 Qtrs
Other StockholdersEquityOther $-6.00M USD 2 Qtrs
Other StockholdersEquityOther $17.00M USD 1 Quarter
Other StockholdersEquityOther $15.00M USD 2 Qtrs
Other StockholdersEquityOther $-9.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $76.00M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-717.00M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.50B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $852.00M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-261.00M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-645.00M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $408.00M USD 1 Quarter
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $3.01B USD 2 Qtrs
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $858.00M USD 2 Qtrs
NET INCOME INCLUDING NONCONTROLLING INTERESTS ProfitLoss $1.07B USD 1 Quarter
Share of equity method interests other comprehensive income OciEquityMethodInvestmentAfterTax $1.00M USD 2 Qtrs
Share of equity method interests other comprehensive income OciEquityMethodInvestmentAfterTax - USD 1 Quarter
Share of equity method interests other comprehensive income OciEquityMethodInvestmentAfterTax - USD 1 Quarter
Share of equity method interests other comprehensive income OciEquityMethodInvestmentAfterTax - USD 2 Qtrs
Pension and postretirement benefit plan OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $1.00M USD 2 Qtrs
Pension and postretirement benefit plan OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD 1 Quarter
Pension and postretirement benefit plan OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD 2 Qtrs
Pension and postretirement benefit plan OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD 1 Quarter
COMPREHENSIVE INCOME INCLUDING NONCONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $859.00M USD 2 Qtrs
COMPREHENSIVE INCOME INCLUDING NONCONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $408.00M USD 1 Quarter
COMPREHENSIVE INCOME INCLUDING NONCONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.01B USD 2 Qtrs
COMPREHENSIVE INCOME INCLUDING NONCONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.07B USD 1 Quarter
Comprehensive income (loss) attributable to Altus Preferred Unit limited partners ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $-70.00M USD 2 Qtrs
Comprehensive income (loss) attributable to Altus Preferred Unit limited partners ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest - USD 1 Quarter
Comprehensive income (loss) attributable to Altus Preferred Unit limited partners ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $24.00M USD 1 Quarter
Comprehensive income (loss) attributable to Altus Preferred Unit limited partners ComprehensiveIncomeLossNetOfTaxAttributableToRedeemableNoncontrollingInterest $43.00M USD 2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCK ComprehensiveIncomeNetOfTax $926.00M USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCK ComprehensiveIncomeNetOfTax $316.00M USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCK ComprehensiveIncomeNetOfTax $2.81B USD 2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCK ComprehensiveIncomeNetOfTax $705.00M USD 2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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