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APA Corporation APA Drilling advances and other current assets

Drilling advances and other current assets at other companies

Antero Resources logo
Antero ResourcesAR
$184.55M+5.4%
Antero Resources logo
Antero ResourcesAR
$112.98M+27.2%
Applied Optoelectronics logo
Applied OptoelectronicsAAOI
$597K+169%
Antero Resources logo
Antero ResourcesAR
$7.63M-74.9%
Antero Resources logo
Antero ResourcesAR
$466.83M+24.9%
Plains All American Pipeline, L.P. logo
Plains All American Pipeline, L.P.PAA
$2M-66.7%

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 apa:IncreaseDecreaseInDrillingAdvances.

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 drilling advances and other current assets?
APA Corporation (APA) reported drilling advances and other current assets of -$7M in Q1 2026.
How has APA Corporation's drilling advances and other current assets changed year-over-year?
APA Corporation's drilling advances and other current assets decreased by 102.9% year-over-year, from $241M to -$7M.
What does drilling advances and other current assets mean?
The net change in cash paid in advance for drilling services or equipment.
How do you interpret drilling advances and other current assets?
Increases represent cash outflows for future operations, while decreases represent the realization of those services.
How does drilling advances and other current assets compare across companies?
Specific to upstream oil and gas exploration and production companies.