APA Q1 2023 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.0B-24.8% YoY

Gross Profit

$1.1B52.8% margin

Operating Income

$832M41.4% margin

Net Income

$242M12.1% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

-18.8%

Cash Flow

Operating Cash Flow

$335M

Free Cash Flow

-$214M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.2B

Total Liabilities

$11.8B

Stockholders' Equity

$444M

Cash & Equivalents

$154M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.7B	-24.8%
Gross Profit	$1.1B	$1.6B	-33.8%
Operating Income	$832M	$1.4B	-38.4%
Net Income	$242M	$1.8B	-86.7%

Revenue Segments

Oil And Gas, Excluding Purchased

$1.8B88%

Oil and Gas, Purchased

$239M12%

Geographic Segments

North Sea

$1.1B53%

Segment United States

$934M47%