APA Corporation APA Drilling advances
Drilling advances at other companies
Other financials
Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept apa:DrillingAdvances.
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?
- APA Corporation (APA) reported drilling advances of $92M in Q1 2026.
- How has APA Corporation's drilling advances changed year-over-year?
- APA Corporation's drilling advances increased by 4.5% year-over-year, from $88M to $92M.
- What is the long-term trend for APA Corporation's drilling advances?
- Over 5 years (2020 to 2025), APA Corporation's drilling advances has grown at a -3.8% compound annual growth rate (CAGR), from $113M to $93M.
- What does drilling advances mean?
- Prepayments made to secure drilling equipment and services for future projects.
- How do you interpret drilling advances?
- An increase suggests an acceleration in planned drilling activity, while a decrease may indicate a slowdown in capital expenditure or project completion.
- How does drilling advances compare across companies?
- Standard in the E&P industry; high levels indicate active investment in future production capacity.