APA Corporation APA Exploration Expense
Exploration Expense at other companies
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Where this comes from
Reported directly by APA Corporation in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
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 exploration expense?
- APA Corporation (APA) reported exploration expense of $26M in Q1 2026.
- How has APA Corporation's exploration expense changed year-over-year?
- APA Corporation's exploration expense decreased by 13.3% year-over-year, from $30M to $26M.
- What is the long-term trend for APA Corporation's exploration expense?
- Over 4 years (2021 to 2025), APA Corporation's exploration expense has grown at a -4.1% compound annual growth rate (CAGR), from $155M to $131M.
- What does exploration expense mean?
- Costs associated with searching for new oil and gas reserves.
- How do you interpret exploration expense?
- High spending indicates an aggressive growth strategy, while low spending may indicate a focus on harvesting existing reserves rather than exploration.
- How does exploration expense compare across companies?
- A critical metric for E&P companies, reflecting their long-term strategy for reserve replacement and growth.