APA Q4 2023 Earnings — APA Corporation Revenue & Financial Results | Market Cap Arena

APAAPA Corporation

$11B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$2.2B-12.3% YoY

Gross Profit

$1.1B51.3% margin

Operating Income

$911M42.0% margin

Net Income

$1.8B81.8% margin

EPS (Diluted)

$5.78

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$455M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$11.6B

Stockholders' Equity

$2.7B

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.5B	-12.3%
Gross Profit	$1.1B	$1.3B	-16.1%
Operating Income	$911M	$1.0B	-10.3%
Net Income	$1.8B	$443M	+300.2%

Revenue Segments

Oil And Gas, Excluding Purchased

$1.9B87%

Oil and Gas, Purchased

$282M13%

Geographic Segments

Segment United States

$1.1B50%

North Sea

$1.1B50%