APA Q1 2024 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.0B-2.8% YoY

Gross Profit

$936M48.0% margin

Operating Income

$613M31.4% margin

Net Income

$132M6.8% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-10.0%

Cash Flow

Operating Cash Flow

$368M

Free Cash Flow

-$162M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$15.0B

Total Liabilities

$11.3B

Stockholders' Equity

$2.6B

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.0B	-2.8%
Gross Profit	$936M	$1.1B	-11.8%
Operating Income	$613M	$832M	-26.3%
Net Income	$132M	$242M	-45.5%

Revenue Segments

Oil And Gas, Excluding Purchased

$1.7B90%

Oil and Gas, Purchased

$203M10%

Geographic Segments

Segment United States

$979M50%

North Sea

$972M50%