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APA Corporation APA Egypt — Exploration

Other segment segments

U.S.
$3M+50.0%
North Sea
$1M0.0%

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OXYExploration Expense
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MGY
MGYExploration Expense
$213K-41.3%

Other financials

Income statement

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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$12.25B+88.0%
Enterprise value$16.66B+46.5%
P/E7.5×+1.9×

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:ExplorationExpense.

The source filing: APA Corporation’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 2:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001841666-26-000034
For the Quarter Ended March 31, 2026U.S. / (In millions)Egypt(1)(3) / (In millions)North Sea / (In millions)Intersegment Eliminations& Other(2) / (In millions)Total(3) / (In millions)
Gathering, processing, and transmission(4)6881591
Purchased oil and gas costs7575
Taxes other than income(4)5757
Exploration(5)3191326
Depreciation, depletion, and amortization(5)34215160553
Asset retirement obligation accretion113142
72628818931,206
Operating Income (Loss)$519$521$18$(3)1,055

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is APA Corporation's egypt — exploration?
APA Corporation (APA) reported egypt — exploration of $19M in Q1 2026.
How has APA Corporation's egypt — exploration changed year-over-year?
APA Corporation's egypt — exploration decreased by 5.0% year-over-year, from $20M to $19M.
What is the long-term trend for APA Corporation's egypt — exploration?
Over 4 years (2021 to 2025), APA Corporation's egypt — exploration has grown at a 29.8% compound annual growth rate (CAGR), from $86M to $244M.
What does egypt — exploration mean?
Expenditures related to the search for new oil and gas reserves in the Egypt segment, including geological and geophysical studies and exploratory drilling. This represents the segment's investment in future production growth.

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