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APA Corporation APA U.S. — Accretion expense
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:AssetRetirementObligationAccretionExpense.
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) |
|---|---|---|---|---|---|
| Taxes other than income(4) | 57 | — | — | — | 57 |
| Exploration(5) | 3 | 19 | 1 | 3 | 26 |
| 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) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is APA Corporation's U.S. — accretion expense?
- APA Corporation (APA) reported U.S. — accretion expense of $11M in Q1 2026.
- How has APA Corporation's U.S. — accretion expense changed year-over-year?
- APA Corporation's U.S. — accretion expense increased by 10.0% year-over-year, from $10M to $11M.
- What is the long-term trend for APA Corporation's U.S. — accretion expense?
- Over 4 years (2021 to 2025), APA Corporation's U.S. — accretion expense has grown at a 8.1% compound annual growth rate (CAGR), from $30M to $41M.
- What does U.S. — accretion expense mean?
- The periodic increase in the carrying amount of the asset retirement obligation (ARO) due to the passage of time. This reflects the present value adjustment for the future costs of plugging and abandoning wells in the U.S. segment.
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