APA Corporation (APA) FY2024 10-K Annual Report

Filed: Feb 28, 2025
Energy
Crude Petroleum & Natural GasSEC EDGAR

APA Corporation (APA) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 28, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

APA Corporation FY2024 10-K Analysis

Management Discussion & Analysis

  • Exploration & development capex $2.9B in 2024 vs $2.3B in 2023, increase due to Callon acquisition
  • Divestiture proceeds $1.6B in 2024 vs $29M in 2023, mainly from non-core asset sales
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Risk Factors

  • Regulatory risk from environmental compliance with increased scrutiny by EPA under latest methane emission rules impacting Permian Basin operations
  • Macroeconomic threat from volatile commodity prices reducing realized prices despite production gains in Permian Basin volumes
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APA Corporation FY2024 Key Financial Metrics
XBRL

Net Income

$804M

-71.8% YoY

ROE

15.2%

-9231bp YoY

Total Assets

$19.4B

+27.2% YoY

EPS (Diluted)

$2.27

-75.5% YoY

Operating Cash Flow

$3.6B

+15.7% YoY

Source: XBRL data from APA Corporation FY2024 10-K filing on SEC EDGAR. All figures in USD.

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