Skip to content

APA Corporation APA Altus Midstream — Lease operating expenses

Discontinued — last reported Q4 '23

Other segment segments

U.S.
$170M-15.0%
Egypt
$110M0.0%
North Sea
$82M-15.5%

Similar metrics at other companies

Antero Resources logo
ARAntero Midstream — Operating Lease Expense
$40.59M
Antero Resources logo
ARAntero Midstream — Total Costs & Expenses
$125.6M+10.3%
Antero Resources logo
ARAntero Midstream — General And Administrative Expense
$22.87M+29.7%
HF Sinclair logo
DINOMidstream — Operating expenses
$59M+28.3%
Energy Transfer logo
ETMidstream — Total operating expenses, excluding non-cash compensation, amortization, accretion and other non-cash expenses
$446M+5.9%
Phillips 66 logo
PSXMidstream — Cost And Expenses
$5.06B+3.4%

Other financials

Income statement

See full
Revenue-
Net income$543.0M+29.9%
EPS (diluted)$1.26+31.3%

Balance sheet

See full
Cash & equivalents$293.0M+337%
Total debt$4.7B-16.9%
Total equity$6.5B+18.8%
Total assets$18.1B-2.4%

Cash flow

See full
Operating cash flow$554.0M-49.5%

Valuation

See full
Market cap$11.68B+95.9%
Enterprise value$16.08B+46.5%
P/E7.2×+1.7×

Returns & leverage

See full
Return on equity27.4%+0.3pp
Debt / equity0.7×-0.3×
Current ratio0.9×0.0×

Where this comes from

Reported directly by APA Corporation in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.

The official record: APA Corporation’s 10-K, filed February 22, 2024, on SEC EDGAR. View the filing →

Ask your AI about APA Corporation's altus midstream — lease operating expenses.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is APA Corporation's altus midstream — lease operating expenses?
APA Corporation (APA) reported altus midstream — lease operating expenses of $0 in Q4 2023.
What does altus midstream — lease operating expenses mean?
The daily costs required to run and maintain midstream infrastructure.
How do you interpret altus midstream — lease operating expenses?
An increase may signal rising operational inefficiencies or aging infrastructure, while a decrease suggests improved cost management or reduced activity levels.
How does altus midstream — lease operating expenses compare across companies?
Standard operating expense metric for midstream assets across the energy sector.