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APA Corporation APA Accrued exploration and development

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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 apa:AccruedExplorationAndDevelopment.

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 accrued exploration and development?
APA Corporation (APA) reported accrued exploration and development of $369M in Q1 2026.
How has APA Corporation's accrued exploration and development changed year-over-year?
APA Corporation's accrued exploration and development decreased by 17.4% year-over-year, from $447M to $369M.
What is the long-term trend for APA Corporation's accrued exploration and development?
Over 5 years (2020 to 2025), APA Corporation's accrued exploration and development has grown at a 11.6% compound annual growth rate (CAGR), from $167M to $289M.
What does accrued exploration and development mean?
Unpaid costs for exploration and development projects that have already been performed.
How do you interpret accrued exploration and development?
An increase suggests high levels of ongoing exploration and development activity, while a decrease may signal a reduction in capital project intensity.
How does accrued exploration and development compare across companies?
Reflects the intensity of the capital program; comparable to peers with similar exploration budgets.