APA Q3 2024 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.5B+9.7% YoY

Gross Profit

$1.1B43.6% margin

Operating Income

$876M34.6% margin

Net Income

-$223M-8.8% margin

EPS (Diluted)

$-0.60

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$472M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19.4B

Total Liabilities

$13.2B

Stockholders' Equity

$5.1B

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.3B	+9.7%
Gross Profit	$1.1B	$1.2B	-7.8%
Operating Income	$876M	$918M	-4.6%
Net Income	-$223M	$459M	-148.6%

Revenue Segments

Oil And Gas, Excluding Purchased

$2.1B81%

Oil and Gas, Purchased

$473M19%

Geographic Segments

Segment United States

$1.6B65%

North Sea

$891M35%