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APA Corporation APA North Sea — Operating Income (Loss)
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.
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, 2026 | U.S. / (In millions) | Egypt(1)(3) / (In millions) | North Sea / (In millions) | Intersegment Eliminations& Other(2) / (In millions) | Total(3) / (In millions) |
|---|---|---|---|---|---|
| Depreciation, depletion, and amortization(5) | 342 | 151 | 60 | — | 553 |
| Asset retirement obligation accretion | 11 | — | 31 | — | 42 |
| 726 | 288 | 189 | 3 | 1,206 | |
| Operating Income (Loss) | $519 | $521 | $18 | $(3) | 1,055 |
| Other Income (Expense): | |||||
| Unrealized losses on derivative instruments | (47) | ||||
| Other, net | 1 | ||||
| General and administrative | (115) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is APA Corporation's north sea — operating income (loss)?
- APA Corporation (APA) reported north sea — operating income (loss) of $18M in Q1 2026.
- How has APA Corporation's north sea — operating income (loss) changed year-over-year?
- APA Corporation's north sea — operating income (loss) decreased by 52.6% year-over-year, from $38M to $18M.
- What is the long-term trend for APA Corporation's north sea — operating income (loss)?
- Over 3 years (2021 to 2024), APA Corporation's north sea — operating income (loss) has grown at a 35.6% compound annual growth rate (CAGR), from $309M to -$770M.
- What does north sea — operating income (loss) mean?
- The profit or loss generated by the North Sea segment after deducting all operating expenses from total revenues. This is the primary measure of the segment's operational profitability before corporate overhead and interest.
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