APA Q3 2023 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.3B-20.1% YoY

Gross Profit

$1.2B51.8% margin

Operating Income

$918M39.8% margin

Net Income

$459M19.9% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

+28.5%

Cash Flow

Operating Cash Flow

$764M

Free Cash Flow

$135M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.5B

Total Liabilities

$11.4B

Stockholders' Equity

$1.1B

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.9B	-20.1%
Gross Profit	$1.2B	$1.5B	-22.4%
Operating Income	$918M	$1.3B	-27.5%
Net Income	$459M	$422M	+8.8%

Revenue Segments

Oil And Gas, Excluding Purchased

$2.1B90%

Oil and Gas, Purchased

$229M10%

Geographic Segments

North Sea

$1.2B53%

Segment United States

$1.1B47%