APA Corp (APA)

APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The company has oil and gas operations in the United States, Egypt, and North Sea. It also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally. APA Corporation was incorporated in 1954 and is headquartered in Houston, Texas.

Symbol: APA
Exchange: Nasdaq
Sector: Energy
Industry: Oil & Gas E&P
Market cap: $15.42B
52 week range: 21.63 - 47.44

Valuation

Share price: $43.68 (close of 2026-10-02)
P/E (TTM): 9.23x
Price to book: 1.94x
Price to free cash flow: 3.41x
Enterprise value: $18.86B
Book value per share: $22.50

Price performance

Period	Change
1 day	+0.78%
5 days	+2.20%
1 month	-2.28%
3 months	+34.98%
6 months	+3.90%
Year to date	+78.58%
1 year	+82.91%
3 years	+10.50%
5 years	+100.37%
10 years	-31.61%
All time	+1126.97%

Members of Congress who disclosed APA trades

Gilbert Ray Cisneros

Super investors holding APA

Ray Dalio (Bridgewater Associates) · Ken Griffin (Citadel) · John Rogers (Ariel Investments LLC) · Samantha McLemore (Patient Capital Management, LLC) · Dodge & Cox (Dodge & Cox Funds)

Profitability and growth

Return on equity: 20.48%
Return on invested capital: 17.95%
Return on assets: 8.07%
Return on capital employed: 20.32%
Net income growth: 78.36%
Free cash flow growth: 25.55%

Cash flow and balance sheet

Free cash flow yield (TTM): 29.37%
Current ratio: 0.95x
Net debt to EBITDA: 0.62x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
EBITDA: $5.39B
Net income: $1.43B
Earnings per share: $3.99
Shares outstanding: 359.00M

Income statement by year

Period end	Net income	EPS
2025-12-31	$1.43B	$3.99
2024-12-31	$804.00M	$2.28
2023-12-31	$2.85B	$9.26
2022-12-31	$4.08B	$11.05
2021-12-31	$1.31B	$2.60
2020-12-31	-$4.90B	$-12.86
2019-12-31	-$3.68B	$-9.43

Margins and returns by year

Period end	Return on equity	Return on capital
2025-12-31	20.48%	17.95%
2024-12-31	12.64%	17.04%
2023-12-31	77.35%	41.49%
2022-12-31	303.49%	58.23%
2021-12-31	-183.12%	-
2020-12-31	760.31%	-
2019-12-31	-82.46%	-51.02%

Cash and debt by year

Period end	Cash
2025-12-31	$516.00M
2024-12-31	$625.00M
2023-12-31	$87.00M
2022-12-31	$245.00M
2021-12-31	$302.00M
2020-12-31	$262.00M
2019-12-31	$247.00M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$4.54B	$107.00M
2024-12-31	$3.62B	$49.00M
2023-12-31	$3.13B	$84.00M
2022-12-31	$4.94B	$348.00M
2021-12-31	$3.50B	$175.00M
2020-12-31	$1.39B	$47.00M
2019-12-31	$2.87B	$138.00M

Dividend history

Most recent payment: 2026-07-22
Paid in the last twelve months: $1.00

Payment date	Dividend per share
2026-07-22	$0.25
2026-04-22	$0.25
2026-01-22	$0.25
2025-10-22	$0.25
2025-07-22	$0.25
2025-04-22	$0.25
2025-01-22	$0.25
2024-10-22	$0.25

Investor relations

Next earnings report

Next confirmed report: 2026-11-04
Consensus EPS estimate: $1.18

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-08-05	Jun/2026	$1.85
2026-05-06	Mar/2026	$1.01
2026-02-25	Dec/2025	$0.62
2025-11-05	Sep/2025	$0.74
2025-08-06	Jun/2025	$0.45
2025-05-07	Mar/2025	$0.83
2025-02-26	Dec/2024	$0.97
2025-02-19	-	-

Filings and sources

Company website: apacorp.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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