Market Capitalization (Millions $) |
6,893 |
Shares
Outstanding (Millions) |
308 |
Employees |
2,271 |
Revenues (TTM) (Millions $) |
10,285 |
Net Income (TTM) (Millions $) |
3,926 |
Cash Flow (TTM) (Millions $) |
-187 |
Capital Exp. (TTM) (Millions $) |
2,750 |
Apa Corporation
Apa Corporation Overview
Company Profile: Apa Corporation, formerly known as Apache Corporation, is a leading independent energy company engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. Established in 1954 and incorporated in Delaware, the company has built a significant presence in both North American and international energy markets.
Core Areas of Operation: The companys operations are geographically diverse, with primary exploration and production interests concentrated in various regions:
North America: - Gulf of Mexico - Gulf Coast - Permian Basin - Anadarko Basin - Western Sedimentary Basin of Canada
International Operations: Apa Corporation also has a strong international presence with exploration and production activities across several countries, including: - Australia (offshore) - Egypt (offshore and onshore) - China (offshore) - United Kingdom (North Sea offshore) - Argentina (onshore)
Business Strategy: Apass portfolio is characterized by its diverse hydrocarbon mix, which includes oil and gas, as well as varying levels of geologic risk and geographical locations. This diversified approach enables the company to mitigate risks associated with price volatility in the energy markets while maximizing overall asset value.
Team and Expertise: A key element of Apa Corporation's strategy is its commitment to local expertise. The company has established specialized teams in core producing regions, leveraging their technical knowledge and urgency to optimize asset performance. This localized approach significantly enhances day-to-day operations and positions the company favorably to capitalize on acquisition opportunities within its areas of focus.
Reserves and Production: As of the latest reports, the company's estimated proved reserves remain predominantly in North America, with approximately 70% of these reserves concentrated in the U.S. The international focus in regions such as Egypt, the North Sea, and Australia is strategically important, enabling Apa Corporation to harness global energy demand and diversify its production portfolio.
Recent Developments: Apa Corporation continues to evolve, adapting to changing market conditions, regulatory environments, and technological advancements within the energy sector. The company is actively involved in enhancing its operational efficiencies and is exploring new avenues for sustainable energy practices.
This comprehensive positioning allows Apa Corporation to maintain its competitive edge in the rapidly transforming energy landscape, focusing on responsible exploration and production while contributing to global energy supply needs.
Company Address: One Post Oak Central, 2000 Post Oak Boulevard, Suite 100 Houston 77056 TX
Company Phone Number: 296-6000 Stock Exchange / Ticker: NASDAQ APA
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