What are APA Corporation's total assets?

APA Corporation (APA) holds $18.1B in total assets, down 2.4% year over year.

How much debt does APA Corporation have?

APA Corporation carries $4.7B in total debt against $6.5B of shareholders' equity, a debt-to-equity ratio of 0.73.

How much cash does APA Corporation have?

APA Corporation holds $293.0M in cash and equivalents.

Can APA Corporation cover its short-term obligations?

Its current ratio is 0.92 — current liabilities exceed current assets.

Where does APA Corporation's balance sheet data come from?

Every line is extracted from APA Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

APA Corporation APA Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$293M-43.2%	$516M+8.6%	$475M+344%	$107M+59.7%	$67M-89.3%
Restricted cash	——	$0—	——	——	——
Accounts receivable, net	$1.46B+37.1%	$1.06B+4.7%	$1.01B-32.8%	$1.51B-17.2%	$1.82B-7.0%
Inventories	$334M-4.8%	$351M-2.8%	$361M-6.5%	$386M-2.8%	$397M-6.6%
Prepaid expenses and other current assets	$94M+17.5%	$80M+321%	$19M-29.6%	$27M-47.1%	$51M-5.6%
Derivative assets	$124M+61.0%	$77M+492%	$13M-88.2%	$110M+139%	$46M—
Total current assets	$2.29B+7.9%	$2.12B+7.5%	$1.97B-13.8%	$2.29B-6.4%	$2.44B-28.2%
Operating lease right-of-use assets	——	5.9%—	——	——	——
Deferred tax assets	$2.34B+0.6%	$2.33B—	$0—	$0-100%	$23M-99.0%
Total property and equipment, gross	$532M-0.7%	$536M-3.6%	$556M0.0%	$556M+0.2%	$555M-1.2%
Total assets	$18.08B+1.8%	$17.76B+0.4%	$17.7B-2.1%	$18.08B-2.4%	$18.53B-4.4%
Accounts payable	$798M-8.4%	$871M-5.3%	$920M-14.3%	$1.07B-2.9%	$1.11B-9.6%
Accrued expenses	$166M-37.4%	$265M+33.2%	$199M+86.0%	$107M+21.6%	$88M-60.5%
Current portion of long-term debt	$134M-37.1%	$213M0.0%	$213M-19.0%	$263M+101%	$131M+147%
Operating lease liabilities, current	$122M+25.8%	$97M-5.8%	$103M-8.8%	$113M-8.1%	$123M+4.2%
Finance Lease Liability, Current	$2M0.0%	$2M0.0%	$2M0.0%	$2M0.0%	$2M0.0%
Income taxes payable	$129M+15.2%	$112M+40.0%	$80M-59.4%	$197M-11.7%	$223M+0.9%
Accrued interest	$54M-38.6%	$88M+60.0%	$55M-41.5%	$94M+51.6%	$62M-33.3%
Other current liabilities	$251M+10.6%	$227M-11.3%	$256M+56.1%	$164M-25.8%	$221M+31.5%
Total current liabilities	$2.49B-3.1%	$2.57B+1.0%	$2.55B-10.5%	$2.84B+3.0%	$2.76B-6.6%
Deferred tax liabilities	——	$33M—	——	——	——
Long-term debt	$4.41B-1.8%	$4.49B+0.1%	$4.49B-1.4%	$4.55B-15.2%	$5.37B-11.2%
Operating lease liabilities, non-current	——	$220M—	——	——	——
Finance Lease Liabilities (Total)	$27M-3.6%	$28M0.0%	$28M-3.4%	$29M0.0%	$29M-3.3%
Operating Lease Liabilities (Total)	——	$317M—	——	——	——
Finance lease liabilities	$27M+8.0%	$25M-10.7%	$28M-3.4%	$29M0.0%	$29M+3.6%
Asset retirement obligations	$207M+14.4%	$181M+75.7%	$103M0.0%	$103M0.0%	$103M0.0%
Other non-current liabilities	$463M+8.7%	$426M-16.6%	$511M-0.4%	$513M+0.8%	$509M-7.1%
Common stock	860M0.0%	860M0.0%	860M0.0%	860M0.0%	860M0.0%
Additional paid-in capital	$12.73B-0.6%	$12.82B-0.7%	$12.9B-0.6%	$12.98B-0.6%	$13.06B-0.7%
Retained earnings	-$275M+61.9%	-$721M+27.9%	-$1B+17.0%	-$1.21B+33.4%	-$1.81B+16.1%
Accumulated other comprehensive income (loss)	$10M0.0%	$10M-9.1%	$11M0.0%	$11M-8.3%	$12M0.0%
Treasury stock	$6.32B0.0%	$6.32B+1.1%	$6.25B+1.1%	$6.19B+0.8%	$6.14B+1.7%
Total stockholders' equity	$6.46B+6.0%	$6.09B+2.1%	$5.97B+1.0%	$5.91B+8.6%	$5.44B+3.0%
Total liabilities and stockholders' equity	$18.08B+1.8%	$17.76B+0.4%	$17.7B-2.1%	$18.08B-2.4%	$18.53B-4.4%
Allowance for Doubtful Accounts	$137M-2.1%	$140M+7.7%	$130M+6.6%	$122M-1.6%	$124M+0.8%
Allowance for Doubtful Accounts Receivable (Current)	$137M-2.1%	$140M+7.7%	$130M+6.6%	$122M-1.6%	$124M+0.8%
Other current assets	$540M-0.6%	$543M+12.2%	$484M-28.0%	$672M+21.1%	$555M-32.3%
Deferred Tax Assets and Other Non-Current Assets	——	$51M—	——	——	——
Deferred Tax Assets - Investments	——	$1M—	——	——	——
Deferred Tax Assets - Tax Credit Carryforwards	——	$36M—	——	——	——
Net Operating Loss Carryforwards	——	$36M—	——	——	——
Accumulated Depreciation Depletion And Amortization Property And Equipment Including Finance Lease Oil And Gas Properties	$34.29B+1.6%	$33.74B+0.6%	$33.54B+1.7%	$32.99B-2.1%	$33.7B+2.0%
Decommissioning security for sold Gulf of America properties (Note 10)	$21M0.0%	$21M0.0%	$21M0.0%	$21M0.0%	$21M0.0%
Deferred Costs And Other Assets	$602M+10.9%	$543M-9.8%	$602M-1.5%	$611M-0.2%	$612M-0.6%
Deferred tax assets	$2.34B+0.6%	$2.33B-2.3%	$2.38B-5.3%	$2.52B-5.9%	$2.67B-1.1%
Gathering, processing, and transmission facilities	$445M0.0%	$445M-0.4%	$447M-0.2%	$448M+0.2%	$447M+3.2%
Oil and Gas Properties (Successful Efforts Method)	$46.14B+1.4%	$45.51B+0.5%	$45.26B+1.4%	$44.63B-1.9%	$45.47B+1.7%
Property And Equipment Net Including Finance Lease Right Of Use Assets Oil And Gas Properties	$12.82B+0.6%	$12.75B+0.2%	$12.72B+0.6%	$12.64B-1.1%	$12.78B+1.1%
Property, plant and equipment, net	——	$146M—	——	——	——
Capitalized Exploratory Well Costs	$344M+1.8%	$338M+7.6%	$314M+5.7%	$297M+4.9%	$283M+164%
Tax Credit Carryforward Valuation Allowance	——	$2.4B—	——	——	——
Accrued Contingent Liabilities	$27M+17.4%	$23M+53.3%	$15M-6.3%	$16M-30.4%	$23M+15.0%
Accrued Environmental Liabilities	$2M0.0%	$2M—	——	——	——
Accrued Manufacturing Costs	$166M-37.4%	$265M+33.2%	$199M+86.0%	$107M+21.6%	$88M-60.5%
Accrued Payroll and Related Expenses	——	50%—	——	——	——
Accrued Income Taxes, Current	$129M+15.2%	$112M+40.0%	$80M-59.4%	$197M-11.7%	$223M+0.9%
Derivative Liability, Current	$124M+61.0%	$77M+8.5%	$71M+238%	$21M-54.3%	$46M—
Compensation and benefits	$166M-37.4%	$265M+33.2%	$199M+86.0%	$107M+21.6%	$88M-60.5%
Other accrued liabilities	$1.56B+4.8%	$1.49B+5.3%	$1.41B-6.3%	$1.51B-1.1%	$1.52B-9.2%
Current Portion of Long-Term Debt and Finance Lease Obligations	$134M-37.1%	$213M0.0%	$213M-19.0%	$263M+101%	$131M+147%
Derivative Liabilities - Fair Value	$124M+61.0%	$77M+8.5%	$71M+238%	$21M-54.3%	$46M—
Finance Lease Liability Payment Due	——	$34M—	——	——	——
Finance Lease Liability - Undiscounted Excess Amount	——	$6M—	——	——	——
Lease Liability Payments - 2021	——	$4M—	——	——	——
Operating Lease Liability Payments - 2024 (Lessee)	——	$70M—	——	——	——
Operating Lease Liability Payments - 2025 (Lessee)	——	$41M—	——	——	——
Lease Liability Payments - Due Year Two	——	$4M—	——	——	——
Lease Liability Payments - Due Year Three	——	$53M—	——	——	——
Lease Liability Payments - Due Year Four	——	$41M—	——	——	——
Lease Liability Payments - Due Year Five	——	$4M—	——	——	——
Lease Liability Payments - Remainder of Fiscal Year	——	$103M—	——	——	——
Operating Lease Liability Payments Due	——	$428M—	——	——	——
Operating Lease Liability - Undiscounted Excess Amount	——	$111M—	——	——	——
Debt Maturity - 2025	——	$182M—	——	——	——
Debt Maturity - 2027	——	$214M—	——	——	——
Debt Maturity - Thereafter	——	$3.17B—	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$23M0.0%	$23M-17.9%	$28M-6.7%	$30M-3.2%	$31M+6.9%
Operating Lease Liability Payments - 2026 (Lessee)	——	$53M—	——	——	——
Operating Lease Liability Payments - 2027 (Lessee)	——	$25M—	——	——	——
Operating Lease Liability Payments - 2028 (Lessee)	——	$41M—	——	——	——
Operating Lease Liability Payments - 2029 (Lessee)	——	$25M—	——	——	——
Lease Liability Payments - Due After Year Five	——	$14M—	——	——	——
Operating Lease Liability Payments - Thereafter (Lessee)	——	$136M—	——	——	——
Long-Term Debt and Finance Lease Obligations	$4.28B0.0%	$4.28B+0.1%	$4.28B-0.3%	$4.29B-18.1%	$5.24B-12.6%
Total debt	$4.7B-7.0%	$5.05B+4.5%	$4.83B-2.5%	$4.96B-12.3%	$5.65B-13.1%
Total Carrying Value of Debt	——	$4.51B—	——	——	——
Unrecognized Tax Benefits	——	$64M—	——	——	——
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	——	$0—	——	——	——
Common Stock Par Value Per Share	$0.630.0%	$0.630.0%	$0.630.0%	$0.630.0%	$0.630.0%
Common Stock Shares Issued	492.5M+0.1%	492M0.0%	492M0.0%	492M0.0%	492M+0.1%
Common Stock Shares Outstanding	——	$2M—	——	——	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$308M0.0%	$308M0.0%	$308M0.0%	$308M+0.3%	$307M0.0%
Number of Exercisable Options	——	1.3M—	——	——	——
Number of Vested and Expected to Vest Options	——	1.4M—	——	——	——
Share-Based Payment Award Options Outstanding - Number	——	2.8M—	——	——	——
Share-Based Payment - Unrecognized Cost of Nonvested Awards	——	$6M—	——	——	——
Share Repurchase Authorization Limit	21.9M0.0%	21.9M-11.0%	24.6M-11.2%	27.7M-8.9%	30.4M-12.6%
Shares Reserved for Future Issuance Under Stock Plans	——	5.2M—	——	——	——
Weighted Average Exercise Price of Outstanding Options	——	$34.98—	——	——	——
Weighted Average Exercise Price of Vested and Expected to Vest Options	——	$23.33—	——	——	——
Components	——	$7—	——	——	——
Defined Benefit Plan Weighted Average Asset Allocation	——	1—	——	——	——
Gross Assets/Liabilities	$124M+61.0%	$77M+8.5%	$71M+238%	$21M-54.3%	$46M+156%
Accrued exploration and development	$369M+27.7%	$289M-21.3%	$367M-22.7%	$475M+6.3%	$447M-2.8%
Accrued operating expenses	$131M+1.6%	$129M-7.2%	$139M-16.3%	$166M-1.8%	$169M-17.2%
Allowance for doubtful accounts	$137M-2.1%	$140M+7.7%	$130M+6.6%	$122M-1.6%	$124M+0.8%
Asset Retirement Obligation	$2.91B+0.9%	$2.88B+4.7%	$2.75B+1.0%	$2.72B+0.4%	$2.71B+0.7%
Oil and Gas, Capitalized Cost, Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	——	$32.97B—	——	——	——
Oil and Gas, Capitalized Cost, before Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	——	$45.51B—	——	——	——
Oil and Gas, Capitalized Cost, after Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	——	$12.54B—	——	——	——
Capitalized Exploratory Well Costs that Have Been Capitalized for Period Greater than One Year	——	$0—	——	——	$0-100%
Capitalized exploratory well costs that have been capitalized for a period of one year or less	——	$158M—	——	——	——
Common stock, par value (in dollars per share)	$0.630.0%	$0.630.0%	$0.630.0%	$0.630.0%	$0.630.0%
Common stock, shares authorized (in shares)	$860M0.0%	$860M0.0%	$860M0.0%	$860M0.0%	$860M0.0%
Common stock, shares issued (in shares)	$492.52M+0.1%	$492.04M0.0%	$492.03M0.0%	$492.03M0.0%	$492M+0.1%
Common Stock, Shares, Outstanding	——	$352.96M—	——	——	——
Contract with Customer, Asset, after Allowance for Credit Loss	$1.2B+45.3%	$826M-4.2%	$862M-33.7%	$1.3B-18.8%	$1.6B-5.9%
Short-term debt and current portion of long-term debt	$134M-37.1%	$213M0.0%	$213M-19.0%	$263M+101%	$131M+147%
Long-term debt, gross	——	$4.51B—	——	——	——
Less: net unamortized discount	$22M-4.3%	$23M0.0%	$23M-4.2%	$24M0.0%	$24M-4.0%
Decommissioning contingency for sold Gulf of America properties (Note 10)	$748M-4.3%	$782M-8.9%	$858M-5.6%	$909M-2.0%	$928M-0.1%
Current decommissioning contingency for sold Gulf of America properties	$130M+31.3%	$99M-10.0%	$110M+25.0%	$88M0.0%	$88M0.0%
Decommissioning security for sold properties	$41M+2.5%	$40M0.0%	$40M+2.6%	$39M-2.5%	$40M-77.5%
Current decommissioning security for sold Gulf of America assets	$20M+5.3%	$19M0.0%	$19M+5.6%	$18M-5.3%	$19M-87.9%
Deferred Tax Liabilities, Gross	——	$1.24B—	——	——	——
Capital loss carryforwards	——	$13M—	——	——	——
Decommissioning contingency for sold Gulf of America properties	——	$200M—	——	——	——
Deferred Tax Assets, Gross	——	$5.97B—	——	——	——
Lease liability	——	$93M—	——	——	——
Deferred Tax Assets, Net	——	$2.33B—	——	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	$3.57B—	——	——	——
Net interest expense limitation	——	$130M—	——	——	——
U.S. and state net operating losses	——	$2.3B—	——	——	——
Fixed assets	——	$16M—	——	——	——
Deferred tax assets, tax credit carryforwards, foreign	——	$1.94B—	——	——	——
Accrued expenses	——	$96M—	——	——	——
Deferred Tax Assets, Valuation Allowance	——	$2.4B—	——	——	——
Decommissioning security for sold Gulf of America properties	——	$9M—	——	——	——
Deferred Tax Liabilities, Other	——	$33M—	——	——	——
Deferred Tax Liabilities, Property, Plant and Equipment	——	$1.11B—	——	——	——
Right-of-use asset	——	$87M—	——	——	——
Less: Fair value of plan assets at end of period	——	$147M—	——	——	——
Derivative Liability	$124M+61.0%	$77M+8.5%	$71M+238%	$21M-54.3%	$46M+156%
Drilling advances	$92M-1.1%	$93M+9.4%	$85M-38.4%	$138M+56.8%	$88M-52.2%
Unrecognized compensation cost related to non-vested awards	——	$6M—	——	——	——
Current maturities of long-term debt	$2M0.0%	$2M0.0%	$2M0.0%	$2M0.0%	$2M0.0%
Finance Lease Liability Payments Due	——	$34M—	——	——	——
Finance Lease Liability Payments Due After Year Five	——	$14M—	——	——	——
2027	——	$4M—	——	——	——
Finance Lease Liability Payments Due Year Five	——	$4M—	——	——	——
Finance Lease Liability Payments Due Year Four	——	$4M—	——	——	——
Finance Lease Liability Payments Due Year Three	——	$4M—	——	——	——
Finance Lease Liability Payments Due Year Two	——	$4M—	——	——	——
Finance Lease Liability Undiscounted Excess Amount	——	$6M—	——	——	——
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Production Cost	——	$13.54B—	——	——	——
Cash inflows	——	$41.97B—	——	——	——
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Future Net Cash Flow, before Discount	——	$16.61B—	——	——	——
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Development Cost	——	$9.53B—	——	——	——
Future Net Cash Flows Relating to Proved Oil and Gas Reserves, Income Tax Expense Benefit	——	$2.29B—	——	——	——
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Discount	——	577,100,000,000%—	——	——	——
GPT facilities, accumulated depreciation	——	-$383M—	——	——	——
Lessee Operating Lease Liability Payments Due	——	$428M—	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	——	$111M—	——	——	——
Long-Term Debt and Lease Obligation	$4.28B0.0%	$4.28B+0.1%	$4.28B-0.3%	$4.29B-18.1%	$5.24B-12.6%
Less: current maturities	$134M-37.1%	$213M0.0%	$213M-19.0%	$263M+101%	$131M+147%
2028	——	$108M—	——	——	——
2029	——	$315M—	——	——	——
2029	——	$475M—	——	——	——
2030	——	$232M—	——	——	——
Thereafter	——	$3.17B—	——	——	——
2027	——	$211M—	——	——	——
Loss Contingency Accrual	$27M+17.4%	$23M+53.3%	$15M-6.3%	$16M-30.4%	$23M+15.0%
Net interest expense carryforward	——	$607M—	——	——	——
Number of prior letters notifying unable to fund decommissioning obligations	——	——	——	——	——
Operating Lease Weighted Average Discount Rate Percent	——	$0.06—	——	——	——
Other	$251M+10.6%	$227M-11.3%	$256M+56.1%	$164M-25.8%	$221M+31.5%
Number of exploratory wells that have been capitalized for a period greater than one year	——	$7—	——	——	——
Oil and Gas, Proved Reserve, Quantity, Volume	——	$1.06M—	——	——	——
Proved developed reserves	——	$734.35K—	——	——	——
Proved undeveloped reserves	——	$321.86K—	——	——	——
Purchase Obligation	——	$971M—	——	——	——
Purchase Obligation, Due in Fifth Year	——	$119M—	——	——	——
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	——	$23.33—	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	——	$1.35M—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	——	$2.78M—	——	——	——
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	——	$1.43M—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	——	$34.98—	——	——	——
Incentive stock program, shares reserved for future grants (in shares)	——	$5.2M—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	——	$2M—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	——	$47.3—	——	——	——
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares	——	1.4M—	——	——	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	——	$97K—	——	——	——
Oil and Gas, Standardized Measure, Discounted Future Net Cash Flow, Future Net Cash Flow, after Discount	——	$10.84B—	——	——	——
Standby loan agreed to provide related to ARO	$400M0.0%	$400M—	——	——	——
Treasury stock, shares (in shares)	$139.07M0.0%	$139.07M+2.0%	$136.37M+2.3%	$133.26M+2.1%	$130.56M+3.5%
Unrecognized tax benefits	——	$64M—	——	——	——
Penalties and interest accrued on unrecognized tax benefits	——	$0—	——	——	——
Purchase Obligation	——	$971M—	——	——	——
Unrecorded Unconditional Purchase Obligation	——	$243M—	——	——	——
Unrecorded Unconditional Purchase Obligation - Due After Year Five	——	$57M—	——	——	——
Weighted-Average Discount Rate	——	4.4%—	——	——	——
Weighted-Average Discount Rate - Finance Leases	——	$0.04—	——	——	——

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Questions, answered.

What are APA Corporation's total assets?: APA Corporation (APA) holds $18.1B in total assets, down 2.4% year over year.
How much debt does APA Corporation have?: APA Corporation carries $4.7B in total debt against $6.5B of shareholders' equity, a debt-to-equity ratio of 0.73.
How much cash does APA Corporation have?: APA Corporation holds $293.0M in cash and equivalents.
Can APA Corporation cover its short-term obligations?: Its current ratio is 0.92 — current liabilities exceed current assets.
Where does APA Corporation's balance sheet data come from?: Every line is extracted from APA Corporation's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.