APACHE CORPORATION APA Income Statement

Apache corporation (APA)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
REVENUES AND OTHER:
Oil and gas production revenues
-	-	1,438	1,598	-	1,703	1,976	1,936	1,733	1,640	1,389	1,346	1,512	1,455	1,439	1,386	1,087	1,254	1,606	1,991	1,659	2,496	3,181	3,471	3,647	2,515	4,288	4,001	4,021	3,874	4,141	3,956	4,457	3,822	4,282	4,355	3,878	3,474	3,047	2,969	2,693	2,570	2,325	2,074	1,603	3,368	3,904
Derivative instrument losses, net
-103	-	-2	-8	-30	-	-23	-25	2	-	-110	-	-	-	0	-	-	-	-	-	-	-	273	-174	-	-	-422	247	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on divestitures, net
25	23	0	17	3	13	1	2	7	11	296	-21	341	0	5	17	-1	77	-5	227	-18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	41	-4	-	3	29	16	5	-175	0	59	25	-4	-6	-21	-3	151	-75	28	-6	278	-13	-8	28	-394	34	20	25	82	38	16	79	38	46	-17	47	-40	-34	3	-20	-14	6	19	30	-3	-3
Total revenues and other
1,279	1,674	1,477	1,603	1,657	1,765	1,983	1,929	1,747	1,586	1,575	1,384	1,878	1,451	1,438	1,382	1,083	1,482	1,526	2,246	1,635	1,067	3,441	3,289	3,675	1,165	3,900	4,268	3,946	3,877	4,179	3,972	4,536	3,860	4,328	4,338	3,925	3,434	3,013	2,972	2,673	2,555	2,332	2,093	1,633	3,364	3,900
OPERATING EXPENSES:
Lease operating expenses
335	343	350	389	365	352	382	356	349	323	353	372	336	375	382	359	378	456	450	467	481	493	588	560	597	375	772	781	722	606	801	704	673	494	661	662	623	639	507	446	440	413	445	405	397	488	446
Cost of oil and gas purchased
-	-	66	76	-	88	92	82	86	46	44	48	57	45	51	52	52	48	58	49	56	70	67	66	70	57	81	77	73	60	86	72	77	68	72	73	76	52	43	43	40	39	36	33	33	42	39
Taxes other than income
33	66	44	46	51	53	58	49	55	34	46	29	42	41	9	65	11	50	104	55	73	95	124	177	181	197	176	170	229	191	167	203	257	208	244	255	164	168	158	187	177	192	183	115	87	304	298
Exploration
57	585	56	95	69	252	99	76	76	118	231	108	92	126	161	91	95	2,065	223	225	258	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
68	83	98	102	123	101	99	117	114	88	98	106	103	112	102	103	93	96	89	111	84	126	111	113	103	133	120	126	112	131	124	132	128	112	112	103	112	120	89	84	87	85	82	90	85	57	78
Transaction, reorganization, and separation
27	33	7	6	4	8	8	12	0	2	20	4	-10	3	12	9	15	12	0	66	54	-	34	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, Depletion and Amortization
566	721	711	602	646	634	610	608	553	573	559	572	576	623	648	669	678	808	872	794	826	-773	2,735	1,358	1,206	-	1,995	1,350	-	-	-	-	-	-	-	-	-	-	787	729	-	-	625	-	-	-	-
Asset retirement obligation accretion
27	27	27	26	27	27	27	27	27	27	30	37	36	40	40	38	38	36	37	36	36	33	39	38	44	19	65	64	63	56	60	57	55	36	39	38	37	37	25	25	24	25	26	26	26	24	25
Recurring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,206	1,194	1,135	610	1,045	1,033	936	-	-	-	639	-	-	573	580	600	627
Impairments
4,472	2,700	9	240	0	-	10	0	-	0	0	0	8	94	836	173	0	3,145	3,903	512	1,912	-	-	-	-	-	-	-	-	-1,898	729	648	521	-	20	26	-	-	-	-	-	-0	0	0	2,818	0	0
Interest Costs Incurred
103	97	95	173	97	93	192	94	99	97	101	99	100	106	102	104	105	110	160	117	124	274	60	52	27	492	-50	-52	55	47	40	45	40	49	37	41	45	55	59	56	59	60	61	61	58	33	39
Acquisition, divestiture, and separation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	-	-	-	-	2	7	16	6	5	4	6	5	-	8	8	-	-	-	-	-	-	-
Total operating expenses
5,845	4,709	1,463	1,755	1,492	2,109	1,577	1,421	1,359	1,308	1,482	1,375	1,340	1,565	2,343	1,663	1,465	6,826	5,896	2,432	3,904	9,920	3,758	2,378	2,246	3,887	3,259	2,620	2,566	2,273	3,314	3,161	2,976	1,948	2,234	2,207	1,998	2,166	1,676	1,578	1,466	1,433	1,461	1,306	4,087	1,551	1,556
NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-905	-281	-	-	-	-	-	-	-	-	-	-	306	1,035	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) BEFORE INCOME TAXES
-4,566	-3,035	14	-152	165	-344	406	508	388	278	93	9	538	-	-	-	-382	-5,344	-4,370	-186	-2,269	-8,853	-317	911	1,429	-2,722	641	1,648	1,380	1,604	865	811	1,560	1,912	2,094	2,131	1,927	1,268	1,337	1,394	1,207	1,122	870	786	-2,453	1,813	2,343
Current income tax provision
89	146	141	187	186	185	262	249	198	182	99	126	188	107	150	144	-10	-143	-270	900	-52	264	228	373	416	483	409	284	497	470	544	460	725	556	473	576	643	333	207	339	343	358	262	218	2	305	702
Deferred Income Tax Expense (Benefit)
-33	66	-10	-23	-19	-179	-17	-10	-16	-422	-111	-730	83	-78	-529	-225	-1	-146	19	-169	-1,149	-2,482	540	-19	162	-961	-203	327	105	480	141	-5	38	179	619	296	150	246	352	195	159	178	166	123	-699	316	196
NET INCOME (LOSS) FROM CONTINUING OPERATIONS INCLUDING NONCONTROLLING INTEREST
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-526	-	-	-5,055	-4,119	-917	-1,068	-6,635	-1,085	557	851	-2,244	435	1,037	778	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-33	-	-	627	-17	120	-238	-1,090	-156	56	-517	508	-129	-2	61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-4,622	-3,247	-117	-316	-2	-350	161	269	206	518	105	613	267	-143	-559	-200	-371	-4,428	-4,136	-797	-1,306	-7,725	-1,241	613	334	-	-	-	717	668	180	356	797	1,189	1,002	1,259	1,134	689	778	860	705	585	442	444	-1,756	1,190	1,445
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6	19	19	19	19	19	19	19	19	19	19	-	13	-	-	2	1	1	1	1	1
Net income (loss) attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-336	42	41	54	-	48	44	1	-413	7	63	28	46	89	108	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS ATTRIBUTABLE TO COMMON STOCK
-4,480	-2,976	-170	-360	-47	-381	81	195	145	456	63	572	213	-182	-607	-244	-372	-4,015	-4,143	-860	-1,334	-7,771	-1,330	505	236	-1,670	300	1,016	698	649	161	337	778	1,170	983	1,240	1,115	670	765	860	705	582	440	443	-1,758	1,189	1,443
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS:
Net income (loss) from continuing operations attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-574	-	-	-4,642	-4,126	-980	-1,096	-6,681	-1,174	449	753	-2,300	429	1,018	759	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-33	-	-	627	-17	120	-238	-2,124	-156	56	517	246	129	2	61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCK
-4,480	-2,976	-170	-360	-47	-381	81	195	145	456	63	572	213	-182	-607	-244	-372	-4,015	-4,143	-860	-1,334	-7,771	-1,330	505	236	-1,670	300	1,016	698	649	161	337	778	1,170	983	1,240	1,115	670	765	860	705	582	440	443	-1,758	1,189	1,443
BASIC NET INCOME PER COMMON SHARE:
Basic net income (loss) from continuing operations per share (in USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.51	-	-	-12.28	-10.91	-2.60	-2.91	-	-3.08	1.17	1.92	-5.86	1.08	2.60	1.94	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic net loss from discontinued operations per share (in USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-	-	1.65	-0.04	0.32	-0.63	-	-0.42	0.14	-1.32	1.61	-0.33	-0.01	-0.16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in USD per share)
-11.86	-7.90	-0.45	-0.96	-0.12	-0.99	0.21	0.51	0.38	1.20	0.16	1.50	0.56	-0.48	-1.60	-0.65	-0.98	-10.63	-10.95	-2.28	-3.54	-	-3.50	1.31	0.60	-4.25	0.75	2.59	1.78	1.65	0.41	0.87	2.02	3.05	2.56	3.23	2.91	1.75	2.14	2.55	2.09	1.75	1.31	1.32	-5.25	3.55	4.32
DILUTED NET INCOME (LOSS) PER COMMON SHARE:
Diluted net income (loss) from continuing operations per share (in USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1.51	-	-	-12.28	-10.91	-2.60	-2.91	-	-3.08	1.17	1.90	-5.76	1.07	2.54	1.91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net loss from discontinued operations per share (in USD per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.09	-	-	1.65	-0.04	0.32	-0.63	-	-0.42	0.14	-1.30	1.58	-0.32	0.00	-0.15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in USD per share)
-11.86	-7.90	-0.45	-0.96	-0.12	-0.99	0.21	0.51	0.38	1.19	0.16	1.50	0.56	-0.48	-1.60	-0.65	-0.98	-10.63	-10.95	-2.28	-3.54	-	-3.50	1.31	0.60	-4.18	0.75	2.54	1.76	1.65	0.41	0.86	2.00	2.94	2.50	3.17	2.86	1.73	2.12	2.53	2.08	1.77	1.30	1.31	-5.25	3.52	4.28
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
Basic (in shares)
378	378	377	377	376	381	383	382	382	382	381	381	380	379	380	379	378	379	378	378	377	376	381	385	394	397	399	392	392	391	391	389	385	385	384	384	383	-	357	338	-	-	-	-	-	-	-
Diluted (in shares)
378	378	377	377	376	382	385	385	384	383	383	383	383	379	380	379	378	379	378	378	377	372	381	387	396	363	401	408	408	382	393	390	399	406	400	397	397	-	367	339	-	-	-	-	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	0.25	-	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.20	0.20	0.20	0.20	0.17	0.17	0.17	0.17	0.15	0.15	0.15	0.15	-	0.15	0.15	-	-	-	-	-	-	-
Oil and gas
Oil and gas production revenues
1,344	-	-	-	1,678	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas, excluding purchased
Oil and gas production revenues
1,236	-	-	-	1,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of oil and gas purchased
71	-	-	-	88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas, purchased
Oil and gas production revenues
108	-	-	-	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of oil and gas purchased
86	-	-	-	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil
Revenue from Contract with Customer, Including Assessed Tax
-	-	1,207	1,397	-	1,322	1,555	1,576	1,393	1,306	1,070	1,050	1,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas
Revenue from Contract with Customer, Including Assessed Tax
-	-	136	118	-	244	241	212	222	233	238	233	255	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas Liquids
Revenue from Contract with Customer, Including Assessed Tax
-	-	95	83	-	137	180	148	118	101	81	63	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas property and equipment
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	524	536	538	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,210	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	35	36	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	-	94	90	84	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests, Egypt
Net income (loss) attributable to noncontrolling interest
151	-204	38	43	-44	-460	80	74	61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interests, Altus
Net income (loss) attributable to noncontrolling interest
9	341	-3	-3	-1	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Altus Preferred Unit limited partners
Net income (loss) attributable to noncontrolling interest
-18	16	18	4	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-