APA Past Earnings Performance
Past criteria checks 4/6
APA has been growing earnings at an average annual rate of 62.1%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 11.5% per year. APA's return on equity is 41.5%, and it has net margins of 24.8%.
Key information
62.1%
Earnings growth rate
62.2%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 11.5% |
| Return on equity | 41.5% |
| Net Margin | 24.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
APA (NASDAQ:APA) Is Paying Out A Dividend Of $0.25
Dec 15
APA Still Weighed Down (Rating Downgrade)
Dec 11Estimating The Intrinsic Value Of APA Corporation (NASDAQ:APA)
Nov 03APA: Raised Callon Synergies, Margin-Accretive Divestment And Suriname FID Confirm Our Rating
Oct 24APA's (NASDAQ:APA) Dividend Will Be $0.25
Oct 16APA Corporation: Oil Patch Value
Oct 07Do APA's (NASDAQ:APA) Earnings Warrant Your Attention?
Sep 23APA: Surprisingly Soft Performance (Rating Downgrade)
Sep 13Is APA (NASDAQ:APA) A Risky Investment?
Aug 21APA Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03Little Excitement Around APA Corporation's (NASDAQ:APA) Earnings
Jul 23APA Corp: We Like The Suriname Optionality
Jul 08APA's (NASDAQ:APA) Dividend Will Be $0.25
Jul 04APA (NASDAQ:APA) Is Due To Pay A Dividend Of $0.25
Jun 15APA: Callon Deal Is No Homerun, But It Doesn't Have To Be
Jun 02Here's Why APA (NASDAQ:APA) Has Caught The Eye Of Investors
May 23APA Corporation Q1 Earnings: Still A Buy Despite Disappointing Production Guidance?
May 10Earnings Miss: APA Corporation Missed EPS By 54% And Analysts Are Revising Their Forecasts
May 05APA Corporation's (NASDAQ:APA) Intrinsic Value Is Potentially 57% Above Its Share Price
May 03Need To Know: The Consensus Just Cut Its APA Corporation (NASDAQ:APA) Estimates For 2024
May 03APA (NASDAQ:APA) Will Pay A Dividend Of $0.25
Apr 14APA Corporation: Stronger Oil Prices Provide New Catalysts
Apr 02APA (NASDAQ:APA) Has Announced A Dividend Of $0.25
Mar 31There's No Escaping APA Corporation's (NASDAQ:APA) Muted Earnings
Mar 21A Look At The Fair Value Of APA Corporation (NASDAQ:APA)
Jan 26APA (NASDAQ:APA) Has Affirmed Its Dividend Of $0.25
Jan 04APA (NASDAQ:APA) Is Due To Pay A Dividend Of $0.25
Dec 21Revenue & Expenses Breakdown
How APA makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 8,955 | 2,223 | 631 | 0 |
| 30 Jun 24 | 8,714 | 2,905 | 690 | 0 |
| 31 Mar 24 | 8,083 | 2,745 | 643 | 0 |
| 31 Dec 23 | 8,093 | 2,855 | 524 | 0 |
| 30 Sep 23 | 8,439 | 1,525 | 679 | 0 |
| 30 Jun 23 | 9,016 | 1,488 | 648 | 0 |
| 31 Mar 23 | 9,046 | 2,033 | 682 | 0 |
| 31 Dec 22 | 10,960 | 3,674 | 764 | 0 |
| 30 Sep 22 | 10,874 | 3,613 | 663 | 0 |
| 30 Jun 22 | 10,088 | 3,078 | 614 | 0 |
| 31 Mar 22 | 9,981 | 2,468 | 580 | 0 |
| 31 Dec 21 | 8,025 | 973 | 500 | 0 |
| 30 Sep 21 | 6,997 | 601 | 470 | 0 |
| 30 Jun 21 | 6,027 | 710 | 445 | 0 |
| 31 Mar 21 | 4,970 | 8 | 471 | 0 |
| 31 Dec 20 | 4,393 | -4,860 | 463 | 0 |
| 30 Sep 20 | 4,816 | -7,846 | 438 | 0 |
| 30 Jun 20 | 5,189 | -8,012 | 506 | 0 |
| 31 Mar 20 | 6,027 | -7,986 | 529 | 0 |
| 31 Dec 19 | 6,354 | -3,553 | 592 | 0 |
| 30 Sep 19 | 6,316 | -958 | 684 | 0 |
| 30 Jun 19 | 6,819 | -707 | 701 | 0 |
| 31 Mar 19 | 7,162 | -152 | 715 | 0 |
| 31 Dec 18 | 7,555 | 40 | 720 | 0 |
| 30 Sep 18 | 7,197 | 877 | 679 | 0 |
| 30 Jun 18 | 6,581 | 859 | 689 | 0 |
| 31 Mar 18 | 5,993 | 1,236 | 692 | 0 |
| 31 Dec 17 | 5,792 | 1,304 | 698 | 0 |
| 30 Sep 17 | 5,646 | 666 | 712 | 0 |
| 30 Jun 17 | 5,690 | 29 | 692 | 0 |
| 31 Mar 17 | 5,691 | -787 | 645 | 0 |
| 31 Dec 16 | 5,238 | -1,372 | 611 | 0 |
| 30 Sep 16 | 4,877 | -5,832 | 637 | 0 |
| 30 Jun 16 | 5,050 | -9,384 | 601 | 0 |
| 31 Mar 16 | 5,676 | -10,120 | 661 | 0 |
| 31 Dec 15 | 6,360 | -10,844 | 689 | 0 |
| 30 Sep 15 | 7,843 | -9,944 | 594 | 0 |
| 30 Jun 15 | 9,344 | -6,992 | 592 | 0 |
| 31 Mar 15 | 10,773 | -5,563 | 517 | 0 |
| 31 Dec 14 | 12,249 | -6,653 | 976 | 0 |
| 30 Sep 14 | 13,381 | 101 | 455 | 0 |
| 30 Jun 14 | 14,491 | 1,704 | 464 | 0 |
| 31 Mar 14 | 14,986 | 2,273 | 478 | 0 |
| 31 Dec 13 | 14,514 | 1,880 | 481 | 0 |
Quality Earnings: APA has high quality earnings.
Growing Profit Margin: APA's current net profit margins (24.8%) are higher than last year (18.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: APA has become profitable over the past 5 years, growing earnings by 62.1% per year.
Accelerating Growth: APA's earnings growth over the past year (45.8%) is below its 5-year average (62.1% per year).
Earnings vs Industry: APA earnings growth over the past year (45.8%) exceeded the Oil and Gas industry -14.2%.
Return on Equity
High ROE: Whilst APA's Return on Equity (41.51%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:48 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
APA Corporation is covered by 69 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |