APA Q2 2022 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q2 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.0B+73.5% YoY

Gross Profit

$1.8B58.7% margin

Operating Income

$1.5B50.4% margin

Net Income

$926M30.4% margin

EPS (Diluted)

$2.71

QoQ Revenue Growth

+14.2%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$12.9B

Total Liabilities

$11.4B

Stockholders' Equity

$584M

Cash & Equivalents

$282M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$1.8B	+73.5%
Gross Profit	$1.8B	$771M	+131.9%
Operating Income	$1.5B	$580M	+164.8%
Net Income	$926M	$340M	+172.4%

Revenue Segments

Oil And Gas, Excluding Purchased

$2.5B83%

Oil and Gas, Purchased

$522M17%

Geographic Segments

Segment United States

$1.7B55%

North Sea

$1.4B45%