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APA Corporation APA Purchased oil and gas — Total revenues

Other product segments

Oil and gas, excluding purchased
$1.94B-4.8%

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CHRDOil and Gas — Total revenues
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CHRDPurchased crude oil sales — Total revenues
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MGY
MGYOil revenues — Total revenues
$373.76M+65.1%

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:Revenues.

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
Line itemFor the Quarter Ended March 31, 2026For the Quarter Ended March 31, 2025
REVENUES AND OTHER:
Oil, natural gas, and natural gas liquids production revenues$1,942$2,039
Purchased oil and gas sales385597
Total revenues2,3272,636
Derivative instrument losses, net(113)(28)
Loss on divestitures, net(2)
Other, net16
2,2152,612

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is APA Corporation's purchased oil and gas — total revenues?
APA Corporation (APA) reported purchased oil and gas — total revenues of $385M in Q1 2026.
How has APA Corporation's purchased oil and gas — total revenues changed year-over-year?
APA Corporation's purchased oil and gas — total revenues decreased by 35.5% year-over-year, from $597M to $385M.
What is the long-term trend for APA Corporation's purchased oil and gas — total revenues?
Over 4 years (2021 to 2025), APA Corporation's purchased oil and gas — total revenues has grown at a 3.3% compound annual growth rate (CAGR), from $1.49B to $1.69B.
What does purchased oil and gas — total revenues mean?
This metric represents the total gross revenue generated from the sale of oil and gas products that were acquired from third parties rather than produced directly by the company. It reflects the scale of the company's midstream or trading activities where it acts as a marketer or aggregator of third-party volumes. This revenue stream is distinct from core exploration and production activities and highlights the company's role in the broader energy supply chain.

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