APA Corporation Overview
Pro stress-test →APA Corporation is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids with operations in the United States, Egypt, and the North Sea. The company also has exploration and appraisal activities in Suriname, as well as holds interests in projects located in Uruguay and internationally.
Strategic Profile
Pro stress-test →In 2024, APA Corporation's revenue reached $9.47 billion, up 16.45% from the prior year, demonstrating strong operational leverage. The company remains positioned as a buy opportunity, driven by efficiency gains, robust free cash flow, and long-term catalysts like Suriname's GranMorgu project.
Competitive Landscape
Pro stress-test →APA competes with larger integrated and independent producers including EOG Resources ($57.1B market cap), Devon Energy ($22.8B), ConocoPhillips ($121.8B), and other E&P peers. As a mid-cap independent, APA differentiates through operational focus, geographic diversification, and disciplined capital allocation.
Industry Context
APA Corporation operates in Oil & Gas Exploration & Production.
Key facts
Founded: 1954 · Headquarters: Houston, US · Employees: 2,310 · Revenue: $9.47B · Market cap: $9.9B