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APA Corporation APA North Sea — Proved properties

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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:CapitalizedCostsProvedProperties.

The source filing: APA Corporation’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 2:36 PM EST
Fiscal year
FY2025
Accession
0001841666-26-000015
Line itemUnited StatesEgypt(1)North SeaOther InternationalTotal(1)
2025
Proved properties$19,690$14,724$9,757$721$44,892
Unproved properties38499132615
20,07414,8239,75785345,507
Accumulated DD&A(11,220)(12,558)(9,189)(32,967)
$8,854$2,265$568$853$12,540
2024
Proved properties$19,246$14,458$9,661$434$43,799

ITEM 16. FORM 10-K SUMMARY

FAQ

What is APA Corporation's north sea — proved properties?
APA Corporation (APA) reported north sea — proved properties of $9.76B in Q4 2025.
How has APA Corporation's north sea — proved properties changed year-over-year?
APA Corporation's north sea — proved properties increased by 1.0% year-over-year, from $9.66B to $9.76B.
What does north sea — proved properties mean?
The book value of oil and gas properties that have been verified to contain reserves that can be economically produced under current conditions. This represents the core productive asset base of the segment. It is a key indicator of the company's ability to generate future cash flows from existing fields.

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