APA Q2 2019 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q2 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$1.6B-17.5% YoY

Gross Profit

$516M32.3% margin

Operating Income

$258M16.1% margin

Net Income

-$356M-22.3% margin

EPS (Diluted)

$-0.96

QoQ Revenue Growth

-3.4%

Cash Flow

Operating Cash Flow

$856M

Free Cash Flow

$53M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$21.8B

Total Liabilities

$13.7B

Stockholders' Equity

$6.6B

Cash & Equivalents

$549M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.9B	-17.5%
Gross Profit	$516M	$890M	-42.0%
Operating Income	$258M	$612M	-57.8%
Net Income	-$356M	$195M	-282.6%

Revenue Segments

Oil and Gas, Purchased

$18M100%

Geographic Segments

North Sea

$360M100%