APA Q1 2022 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.7B+42.7% YoY

Gross Profit

$1.6B60.0% margin

Operating Income

$1.4B50.6% margin

Net Income

$1.8B67.9% margin

EPS (Diluted)

$5.43

QoQ Revenue Growth

+16.1%

Cash Flow

Operating Cash Flow

$891M

Free Cash Flow

$513M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.5B

Total Liabilities

$11.6B

Stockholders' Equity

-$18M

Cash & Equivalents

$234M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$1.9B	+42.7%
Gross Profit	$1.6B	$713M	+124.7%
Operating Income	$1.4B	$509M	+165.2%
Net Income	$1.8B	$407M	+345.5%

Revenue Segments

Oil And Gas, Excluding Purchased

$2.3B87%

Oil and Gas, Purchased

$349M13%

Geographic Segments

North Sea

$1.3B50%

Segment United States

$1.3B50%