APA Corporation (APA)
Energy · Independent oil and gas exploration and production
Independent oil and gas producer with significant production and exploration assets in Egypt and the North Sea, generating strong cash flow from conventional hydrocarbon extraction.
What APA Corporation does
APA Corporation is an independent oil and gas exploration and production company operating primarily through conventional onshore and offshore assets. The company holds 7.5 million gross acres in Egypt's Western Desert, where it is the largest acreage holder, and operates approximately 176,000 gross acres in the U.K. North Sea. APA generates revenue from the production and sale of crude oil, natural gas, and natural gas liquids, supplemented by purchased oil and gas sales. The company also conducts exploration activities and manages significant proved reserve bases across its international portfolio.
Themes: ["Oil and gas production","Conventional hydrocarbon assets","International exploration and production","Egypt energy assets","North Sea assets","Commodity price exposure","Asset retirement and regulatory compliance"]
Fundamentals
- Price$33.29 as of 2026-07-09 close
- Market cap$11.8B as of 2026-07-10
- 1-year return+62.8% as of 2026-07-09 close
- P/E7.68 as of 2026-07-10
- Net margin+17.8% as of 2026-07-10
- Gross margin+75.3% as of 2026-07-10
- ROE+25.1% as of 2026-07-10
- Debt / equity0.68 as of 2026-07-10
- Revenue growth (YoY)-17.4% as of 2026-07-10
- Beta0.37 as of 2026-07-10
Dividend: yield +2.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Commodity price volatility: Contractor cost recovery and profit-sharing entitlements in Egypt and revenue exposure globally are subject to fluctuations in oil, natural gas, and NGL prices; quarterly revenues declined from $2,636M to $2,327M YoY.","Regulatory and geopolitical risks: Operations in Egypt face production-sharing contract terms and political exposure; North Sea assets face new tax levies and regulatory obligations that rendered expected returns uneconomic, with planned production cessation prior to 2030.","Reserve replacement and production decline: The company must continuously drill and explore to maintain reserves; 76 percent of Egypt acreage is undeveloped but exploration success is not guaranteed, and North Sea suspension of drilling since 2023 signals asset maturation."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.