APA Corp
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
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.
See the whole filing, with its images and exhibitsContents
STATEMENT OF CONSOLIDATED CASH FLOWS
| For the Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2025 | 2024 | |
| (In millions) | ||
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income including noncontrolling interests | $1,361 | $693 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Unrealized derivative instrument losses, net | 40 | 18 |
| Gain on divestitures, net | (285) | (284) |
| Exploratory dry hole expense and unproved leasehold impairments | 47 | 183 |
| Depreciation, depletion, and amortization | 1,738 | 1,613 |
| Asset retirement obligation accretion | 118 | 112 |
| Impairments | — | 1,111 |
| Provision for (benefit from) deferred income taxes | 303 | (503) |
| Gain on extinguishment of debt | (147) | — |
| Loss on previously sold Gulf of America properties | — | 83 |
| Other, net | 46 | (14) |
| Changes in operating assets and liabilities: | ||
| Receivables | 872 | 181 |
| Inventories | 10 | (26) |
| Drilling advances and other current assets | 293 | 37 |
| Deferred charges and other long-term assets | 11 | (215) |
| Accounts payable | (305) | (191) |
| Accrued expenses | (253) | (271) |
| Deferred credits and noncurrent liabilities | (112) | 57 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 3,737 | 2,584 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Additions to upstream oil and gas property | (2,156) | (2,153) |
| Leasehold and property acquisitions | (20) | (64) |
| Proceeds from asset divestitures | 590 | 724 |
| Proceeds from sale of Kinetik Shares | — | 428 |
| Other, net | 5 | 58 |
| NET CASH USED IN INVESTING ACTIVITIES | (1,581) | (1,007) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from (payments on) commercial paper and revolving credit facilities, net | (333) | 190 |
| Proceeds from term loan facility | — | 1,500 |
| Payments on term loan facility | (900) | (500) |
| Payment on Callon Credit Agreement | — | (472) |
| Fixed-rate debt borrowings | 846 | — |
| Payments on fixed-rate debt | (1,016) | (1,641) |
| Distributions to noncontrolling interest | (390) | (233) |
| Treasury stock activity, net | (215) | (146) |
| Dividends paid to APA common stockholders | (271) | (260) |
| Other, net | (27) | (38) |
| NET CASH USED IN FINANCING ACTIVITIES | (2,306) | (1,600) |
| NET DECREASE IN CASH AND CASH EQUIVALENTS | (150) | (23) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR | 625 | 87 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | $475 | $64 |
| SUPPLEMENTARY CASH FLOW DATA: | ||
| Interest paid, net of capitalized interest | $253 | $306 |
| Income taxes paid, net of refunds | 762 | 876 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.