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APA Corporation APA Altus Midstream — Operating Income (Loss)

Discontinued — last reported Q4 '23

Other segment segments

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$521M+35.3%
U.S.
$519M+15.6%
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$38M

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Other financials

Income statement

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

Balance sheet

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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

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Operating cash flow$554.0M-49.5%

Valuation

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

Returns & leverage

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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:OperatingIncomeLoss.

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

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Questions, answered.

What is APA Corporation's altus midstream — operating income (loss)?
APA Corporation (APA) reported altus midstream — operating income (loss) of $0 in Q4 2023.
What is the long-term trend for APA Corporation's altus midstream — operating income (loss)?
Over 2 years (2021 to 2023), APA Corporation's altus midstream — operating income (loss) has grown at a -100.0% compound annual growth rate (CAGR), from -$89M to $0.
What does altus midstream — operating income (loss) mean?
The profit or loss from the midstream segment's core business activities.
How do you interpret altus midstream — operating income (loss)?
Positive and growing income indicates a healthy, profitable segment, while losses indicate operational challenges or underutilized assets.
How does altus midstream — operating income (loss) compare across companies?
Standard segment profitability metric used to evaluate business unit performance.