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APA Corporation APA North Sea — Proved undeveloped reserves

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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 srt:ProvedUndevelopedReserveVolume.

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 itemCrude Oil and Condensate / United StatesCrude Oil and Condensate / Egypt(1)Crude Oil and Condensate / North SeaSurinameTotal(1)
December 31, 2025182,300101,75022,136306,186
Proved undeveloped reserves:
December 31, 202222,2398,5572,87333,669
December 31, 202330,9485,25436,202
December 31, 2024107,2837,62173,637188,541
December 31, 2025121,0797,57873,789202,446
Total proved reserves:
Balance December 31, 2022199,947116,60785,453402,007

ITEM 16. FORM 10-K SUMMARY

FAQ

What is APA Corporation's north sea — proved undeveloped reserves?
APA Corporation (APA) reported north sea — proved undeveloped reserves of $0 in Q4 2025.
What does north sea — proved undeveloped reserves mean?
The estimated quantities of oil and gas that are expected to be recovered from new wells on undrilled acreage or from existing wells where a relatively major expenditure is required for recompletion. These reserves represent the future growth pipeline of the segment. They require capital investment to be converted into production.

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