Question 1

What is APA Corporation's decommissioning contingency for sold gulf of america properties?

Accepted Answer

APA Corporation (APA) reported decommissioning contingency for sold gulf of america properties of $200M in Q4 2025.

Question 2

How has APA Corporation's decommissioning contingency for sold gulf of america properties changed year-over-year?

Accepted Answer

APA Corporation's decommissioning contingency for sold gulf of america properties decreased by 13.8% year-over-year, from $232M to $200M.

Question 3

What does decommissioning contingency for sold gulf of america properties mean?

Accepted Answer

This represents a deferred tax asset related to potential future costs for decommissioning or environmental remediation of sold assets. It accounts for the tax deductibility of these costs when they are eventually incurred. It serves as a financial recognition of long-term environmental liabilities associated with past operations.

Line item	2025	2024
Equity investments	1	1
Net interest expense limitation	130	287
Lease liability	93	114
Decommissioning contingency for sold Gulf of America properties	200	232
Other	51	—
Total deferred tax assets	5,966	6,572
Valuation allowance	(2,401)	(2,623)
Net deferred tax assets	3,565	3,949

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APA Corporation APA Decommissioning contingency for sold Gulf of America properties