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APA Corporation APA U.S. — Lease operating expenses

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Other financials

Income statement

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Revenue-
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$11.68B+95.9%
Enterprise value$16.08B+46.5%
P/E7.2×+1.7×

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:OperatingLeaseExpense.

The official record: APA Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is APA Corporation's U.S. — lease operating expenses?
APA Corporation (APA) reported U.S. — lease operating expenses of $170M in Q1 2026.
How has APA Corporation's U.S. — lease operating expenses changed year-over-year?
APA Corporation's U.S. — lease operating expenses decreased by 15.0% year-over-year, from $200M to $170M.
What is the long-term trend for APA Corporation's U.S. — lease operating expenses?
Over 4 years (2021 to 2025), APA Corporation's U.S. — lease operating expenses has grown at a 16.7% compound annual growth rate (CAGR), from $391M to $724M.
What does U.S. — lease operating expenses mean?
The day-to-day costs of running and maintaining oil and gas wells in the U.S.
How do you interpret U.S. — lease operating expenses?
Lower values relative to production indicate better operational efficiency and cost control.
How does U.S. — lease operating expenses compare across companies?
Standard operating cost metric for all independent exploration and production firms.