APA Management

Management criteria checks 3/4

APA's CEO is John Christmann, appointed in Jan 2015, has a tenure of 9.67 years. total yearly compensation is $13.76M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €16.21M. The average tenure of the management team and the board of directors is 4.7 years and 4.5 years respectively.

Key information

John Christmann

Chief executive officer

US$13.8m

Total compensation

CEO salary percentage	9.4%
CEO tenure	9.7yrs
CEO ownership	0.2%
Management average tenure	4.7yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Christmann's remuneration changed compared to APA's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$3b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$14m	US$1m	US$3b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$14m	US$1m	US$4b
Sep 30 2022	n/a	n/a	US$4b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$15m	US$1m	US$973m
Sep 30 2021	n/a	n/a	US$601m
Jun 30 2021	n/a	n/a	US$710m
Mar 31 2021	n/a	n/a	US$8m
Dec 31 2020	US$14m	US$1m	-US$5b
Sep 30 2020	n/a	n/a	-US$8b
Jun 30 2020	n/a	n/a	-US$8b
Mar 31 2020	n/a	n/a	-US$8b
Dec 31 2019	US$14m	US$1m	-US$4b
Sep 30 2019	n/a	n/a	-US$958m
Jun 30 2019	n/a	n/a	-US$707m
Mar 31 2019	n/a	n/a	-US$152m
Dec 31 2018	US$15m	US$1m	US$40m
Sep 30 2018	n/a	n/a	US$877m
Jun 30 2018	n/a	n/a	US$859m
Mar 31 2018	n/a	n/a	US$1b
Dec 31 2017	US$14m	US$1m	US$1b

Compensation vs Market: John's total compensation ($USD13.76M) is above average for companies of similar size in the German market ($USD3.41M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Christmann (57 yo)

9.7yrs

Tenure

US$13,763,441

Compensation

Mr. John J. Christmann, IV, has been the Chief Executive Officer and Director of APA Corporation since January 20, 2015 and has been its President as well as served as its Executive Vice President and Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Christmann	CEO & Director	9.7yrs	US$13.76m	0.20% $ 16.2m
Stephen Riney	President & CFO	9.5yrs	US$6.68m	0.073% $ 5.9m
David Bretches	Executive Vice President of Operations	4.7yrs	US$4.91m	0.014% $ 1.1m
Tracey Henderson	Executive Vice President of Exploration	3.4yrs	US$4.17m	0.0081% $ 656.0k
Rebecca Hoyt	Senior VP	17.8yrs	no data	0.030% $ 2.4m
Travis Osborne	VP & Chief Information Officer	1.7yrs	no data	no data
Mark Maddox	Executive Vice President of Administration	4.7yrs	no data	0.017% $ 1.4m
Gary Clark	Vice President of Investor Relations	10.1yrs	no data	no data
P. Lannie	Executive VP & General Counsel	21.5yrs	US$4.55m	0.035% $ 2.9m
Castlen Kennedy	Senior Vice President of Corporate Affairs & Marketing	less than a year	no data	no data
Scott Grandt	Senior Vice President of Corporate Development	1.3yrs	no data	no data
Brandy Jones	Vice President of Human Resources	4.4yrs	no data	no data

4.7yrs

Average Tenure

58yo

Average Age

Experienced Management: 2S3's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Christmann	CEO & Director	9.7yrs	US$13.76m	0.20% $ 16.2m
David Stover	Independent Director	2.6yrs	US$299.93k	0% $ 0
Annell Bay	Independent Director	10.3yrs	US$324.93k	0% $ 0
Juliet Ellis	Independent Director	5.3yrs	US$329.93k	0.0022% $ 176.0k
Chansoo Joung	Independent Director	13.6yrs	US$329.93k	0.018% $ 1.4m
Peter Ragauss	Independent Director	9.8yrs	US$314.93k	0% $ 0
H. McKay	Independent Chairman of the Board	3.6yrs	US$499.86k	0% $ 0
Matthew Bob	Independent Director	less than a year	no data	0.0080% $ 649.5k
Anya Weaving	Independent Director	less than a year	no data	no data
Charles Hooper	Independent Director	2.6yrs	US$304.45k	0% $ 0

4.5yrs

Average Tenure

66yo

Average Age

Experienced Board: 2S3's board of directors are considered experienced (4.5 years average tenure).

APA Management

Management criteria checks 3/4

Key information

Recent management updates

APA Corporation, Annual General Meeting, May 23, 2024

APA Corporation Announces Updates to Executive Leadership

APA Corporation Appoints Matthew Bob and Anya Weaving to Board of Directors

Apa Corporation Promotes Stephen J. Riney as President

APA Corporation Announces Appointment of Scott Grandt as Senior Vice President, Corporate Development

APA Corporation Announces Board Changes

Recent updates

Second quarter dividend of US$0.25 announced

Apa Corporation Declares Cash Dividend on Common Shares, Payable Nov. 22, 2024

An undisclosed buyer agreed to acquire Non-Core Producing Properties in the Permian Basin from APA Corporation (NasdaqGS:APA) for $950 million.

APA Reportedly Explores $1 Billion Sale of Permian Assets

Second quarter 2024 earnings released: EPS: US$1.46 (vs US$1.24 in 2Q 2023)

Upcoming dividend of US$0.25 per share

APA Corporation(NasdaqGS:APA) dropped from Russell 2500 Growth Index

Apache Corporation and APA Corporation Announce Proposed Settlement of the Action with Plymouth County Retirement Association and the Trustees of the Teamsters Union No. 142 Pension Fund

First quarter dividend of US$0.25 announced

APA Corporation Declares Cash Dividend on Common Shares, Payable August 22, 2024

First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.78 in 1Q 2023)

APA Corporation, Annual General Meeting, May 23, 2024

Upcoming dividend of US$0.25 per share

APA Corporation Announces Updates to Executive Leadership

APA Corporation Appoints Matthew Bob and Anya Weaving to Board of Directors

New minor risk - Shareholder dilution

APA Corporation (NasdaqGS:APA) completed the acquisition of Callon Petroleum Company (NYSE:CPE).

New major risk - Revenue and earnings growth

Dividend of US$0.25 announced

APA Corporation Declares Cash Dividend on Common Shares, Payable on May 22, 2024

Upcoming dividend of US$0.25 per share at 3.1% yield

Apa Corporation Promotes Stephen J. Riney as President

APA Corporation (NasdaqGS:APA) entered into a definitive agreement to acquire Callon Petroleum Company (NYSE:CPE) for $2.6 billion.

APA Corporation Declares Regular Cash Dividend on Common Shares, Payable on February 22, 2024

Apache Corporation and Paramount Resources Ltd Announces Settlement Approval in Apache Canada Employee Awards Class Action

APA Corporation Provides Production Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: EPS: US$1.49 (vs US$1.28 in 3Q 2022)

Upcoming dividend of US$0.25 per share at 2.5% yield

APA Corporation Declares Cash Dividend on Common Shares, Payable on November 22, 2023

New minor risk - Earnings quality

New minor risk - Earnings quality

Second quarter 2023 earnings released: EPS: US$1.24 (vs US$2.72 in 2Q 2022)

Upcoming dividend of US$0.25 per share at 2.7% yield

APA Corporation Announces Appointment of Scott Grandt as Senior Vice President, Corporate Development

APA Corporation Declares Regular Cash Dividend, Payable on August 22, 2023

First quarter 2023 earnings released: EPS: US$0.78 (vs US$5.43 in 1Q 2022)

Upcoming dividend of US$0.25 per share at 2.5% yield

Investor sentiment deteriorates as stock falls 15%

Full year 2022 earnings released: EPS: US$11.07 (vs US$2.60 in FY 2021)

APA Corporation Announces Second Successful Flow Test At Sapakara South

APA Corporation Declares Cash Dividend on Common Shares, Payable May 22, 2023

Upcoming dividend of US$0.25 per share

APA Corporation Declares Cash Dividend, Payable on February 22, 2023

APA Corporation Provides Update on Block 58 Appraisal and Exploration Activities

Third quarter 2022 earnings released: EPS: US$1.28 (vs US$0.30 loss in 3Q 2021)

Upcoming dividend of US$0.25 per share

Investor sentiment improved over the past week

Now 24% undervalued

Investor sentiment improved over the past week

APA Corporation Declares Cash Dividend, Payable on November 22, 2022

Investor sentiment improved over the past week

APA Corporation Announces First Discovery in Block 53 Offshore Suriname; Provides Update on Block 58 Operations

Second quarter 2022 earnings released: EPS: US$2.72 (vs US$0.84 in 2Q 2021)

APA Corporation (NasdaqGS:APA) completed the acquisition of Texas Delaware Basin Properties.

Investor sentiment improved over the past week

APA Corporation Provides Production Guidance for the Second Quarter of 2022

APA Corporation Provides Production Guidance for the Second Quarter of 2022

APA Corporation Announces Board Changes

Upcoming dividend of US$0.13 per share

Investor sentiment deteriorated over the past week

APA Corporation Provides an Activity Update for Suriname Block 53

APA Corporation Announces Executive Changes

Investor sentiment improved over the past week

APA Corporation Declares Cash Dividend on Common Shares, Payable on August 22, 2022

First quarter 2022 earnings released: EPS: US$5.44 (vs US$1.03 in 1Q 2021)

APA Corporation to Report Q1, 2022 Results on May 04, 2022

Upcoming dividend of US$0.13 per share

APA Corporation, Annual General Meeting, May 13, 2022

Investor sentiment improved over the past week