APA Corporation
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- John J. Christmann
- Full Time Employees
- 1,791
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- 2000 W. Sam Houston Pkwy. S. Houston TX United States 77042-3643
- IPO Date
- May 27, 1969
- CIK
- 0001841666
- Website
- apacorp.com
- Similar Companies
- Business
- APA Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids through its subsidiaries, primarily Apache Corporation; operations span the United States with a focus on the Permian Basin in West Texas including the Midland and Delaware sub-basins, Egypt's Western Desert, the United Kingdom's North Sea, and exploration offshore Suriname. Founded in 1954 and headquartered in Houston, Texas, the company maintains proved reserves of approximately 912 million barrels of oil equivalent, with significant concentrations in the U.S. Permian Basin, Egypt, and the North Sea; in 2024, U.S. production reached 103.6 million barrels of oil equivalent, representing 62% of total output, while overall production includes legacy assets in the Gulf of Mexico and emphasis on conventional and unconventional development opportunities. APA restructured in 2021 to a holding company model with Apache as its wholly-owned subsidiary; recent developments include the April 2024 acquisition of Callon Petroleum Company to bolster Permian assets, a planned divestiture of non-core assets for $2.85 billion plus $350 million contingent consideration expected to close early 2026, sustained 2025 production guidance in Permian and Egypt supported by a $2.2-2.3 billion capital budget, and strategic exploration in Alaska alongside the GranMorgu project in Suriname slated for contributions from 2028.
Company News
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