APA Q1 2021 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q1 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.9B+39.2% YoY

Gross Profit

$713M38.1% margin

Operating Income

$509M27.2% margin

Net Income

$407M21.8% margin

EPS (Diluted)

$1.02

QoQ Revenue Growth

+53.5%

Cash Flow

Operating Cash Flow

$671M

Free Cash Flow

$415M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.1B

Total Liabilities

$12.8B

Stockholders' Equity

-$1.3B

Cash & Equivalents

$538M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.3B	+39.2%
Gross Profit	$713M	$286M	+149.3%
Operating Income	$509M	$101M	+404.0%
Net Income	$407M	-$4.5B	+109.1%

Revenue Segments

Oil And Gas, Excluding Purchased

$1.4B76%

Oil and Gas, Purchased

$440M24%

Geographic Segments

Segment United States

$1.1B60%

North Sea

$752M40%