APA Corp
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
APA$44.55-0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED BALANCE SHEET
| September 30,2025 | December 31,2024 | |
|---|---|---|
| (In millions, except share data) | ||
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $475 | $625 |
| Receivables, net of allowance of $130 and $123 | 1,014 | 1,959 |
| Other current assets (Note 5) | 484 | 820 |
| 1,973 | 3,404 | |
| PROPERTY AND EQUIPMENT: | ||
| Oil and gas properties | 45,259 | 44,698 |
| Gathering, processing, and transmission facilities | 447 | 433 |
| Other | 556 | 562 |
| Less: Accumulated depreciation, depletion, and amortization | (33,543) | (33,047) |
| 12,719 | 12,646 | |
| OTHER ASSETS: | ||
| Decommissioning security for sold Gulf of America properties (Note 10) | 21 | 21 |
| Deferred tax asset (Note 9) | 2,384 | 2,703 |
| Deferred charges and other | 602 | 616 |
| $17,699 | $19,390 | |
| LIABILITIES, NONCONTROLLING INTERESTS, AND EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $920 | $1,224 |
| Current debt | 213 | 53 |
| Other current liabilities (Note 6) | 1,412 | 1,678 |
| 2,545 | 2,955 | |
| LONG-TERM DEBT (Note 8) | 4,275 | 5,991 |
| DEFERRED CREDITS AND OTHER NONCURRENT LIABILITIES: | ||
| Deferred tax liability (Note 9) | — | 14 |
| Asset retirement obligation (Note 7) | 2,647 | 2,591 |
| Decommissioning contingency for sold Gulf of America properties (Note 10) | 858 | 929 |
| Other | 511 | 548 |
| 4,016 | 4,082 | |
| EQUITY: | ||
| Common stock, $0.625 par, 860,000,000 shares authorized, 492,032,169 and 491,579,646 shares issued, respectively | 308 | 307 |
| Paid-in capital | 12,900 | 13,153 |
| Accumulated deficit | (1,000) | (2,155) |
| Treasury stock, at cost, 136,370,361 and 126,182,497 shares, respectively | (6,254) | (6,037) |
| Accumulated other comprehensive income | 11 | 12 |
| APA SHAREHOLDERS’ EQUITY | 5,965 | 5,280 |
| Noncontrolling interest | 898 | 1,082 |
| TOTAL EQUITY | 6,863 | 6,362 |
| $17,699 | $19,390 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.