OverviewSuggest Edit

Apache Corporation is a company engaged in hydrocarbon exploration. It explores, develops, and produces natural gas, crude oil, and natural gas liquids.

TypePublic
Founded1954
HQHouston, TX, US
Websiteapachecorp.com
Employee Ratings3.3
Overall CultureD+

Latest Updates

Employees (est.) (Dec 2020)2,272(-28%)
Job Openings24
Revenue (FY, 2020)$4.4 B(-29%)
Share Price (Sept 2021)$20.6(+7%)
Cybersecurity ratingBMore

Key People/Management at Apache Corporation

John J. Christmann

John J. Christmann

Chief Executive Officer, President & Director
John E. Lowe

John E. Lowe

Non-Executive Chairman of the Board
Stephen J. Riney

Stephen J. Riney

Executive Vice President and Chief Financial Officer
P. Anthony Lannie

P. Anthony Lannie

Executive Vice President and General Counsel
David A. Pursell

David A. Pursell

Executive Vice President Development
Clay Bretches

Clay Bretches

Executive Vice President Operations
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Apache Corporation Office Locations

Apache Corporation has offices in Houston, Midland, San Antonio, Cairo and in 1 other location
Houston, TX, US (HQ)
2000 Post Oak Blvd #100
Midland, TX, US
303 Veterans Airpark Ln #1000
San Antonio, TX, US
17802 I-10 #300
Cairo, EG
11, Street 281 New Maadi
Kingswells, GB
Caledonia House, Prime Four Business Park, Kingswells Causeway
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Apache Corporation Financials and Metrics

Apache Corporation Revenue

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Apache Corporation's revenue was reported to be $4.44 b in FY, 2020 which is a 29.8% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.9b

Gross profit (Q1, 2021)

1.1b

Gross profit margin (Q1, 2021), %

56.4%

Net income (Q1, 2021)

459.0m

Market capitalization (15-Sept-2021)

7.8b

Closing stock price (15-Sept-2021)

20.6

Cash (31-Mar-2021)

281.0m

EV

16.2b
Apache Corporation's current market capitalization is $7.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

7.3b6.3b4.4b

Revenue growth, %

16%(14%)(30%)

Cost of goods sold

1.8b1.8b1.8b

Gross profit

5.6b4.7b2.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.7b1.6b1.4b1.3b752.0m1.1b1.9b

Cost of goods sold

453.0m465.0m416.0m492.0m382.0m397.0m816.0m

Gross profit

1.2b1.1b1.0b852.0m370.0m723.0m1.1b

Gross profit Margin, %

73%71%71%63%49%65%56%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

714.0m247.0m262.0m

Accounts Receivable

1.2b1.1b908.0m

Prepaid Expenses

160.0m

Inventories

401.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

327.0m549.0m163.0m428.0m135.0m162.0m281.0m

Accounts Receivable

1.2b1.1b1.1b838.0m871.0m899.0m1.1b

Prepaid Expenses

124.0m

Inventories

438.0m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

286.0m(3.7b)(4.9b)

Depreciation and Amortization

2.4b2.7b1.8b

Inventories

(6.0m)(41.0m)19.0m

Accounts Payable

77.0m(5.0m)(167.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(2.0m)(318.0m)(435.0m)(4.6b)(5.0b)(5.0b)397.0m

Depreciation and Amortization

646.0m1.2b2.0b566.0m984.0m1.4b342.0m

Inventories

(33.0m)(16.0m)(16.0m)30.0m25.0m16.0m(3.0m)

Accounts Payable

(50.0m)(66.0m)(82.0m)(80.0m)(147.0m)(211.0m)73.0m
USDFY, 2018

EV/CFO

4.6 x

Revenue/Employee

2.1m

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x

P/E Ratio

238.6
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Apache Corporation Operating Metrics

FY, 2018FY, 2019FY, 2020

Production Volume, mmboe

170172.9160.9

Gross Wells Drilled

460315132

Gross Productive Wells Drilled

435299119

Net Exploratory Productive Wells

76.814.818.3
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Apache Corporation Acquisitions / Subsidiaries

Company NameDateDeal Size
Cordillera Energy PartnersJanuary 23, 2012
Devon Energy - Gulf of Mexico Shelf AssetsJune 10, 2010$1.05 b
Mariner Energy, IncApril 16, 2010$4 b
BP - Gulf of Mexico Shelf Producing PropertiesApril 19, 2006$1.3 b
Pioneer Natural Resources - ArgentinaJanuary 17, 2006$675 m
Anadarko Petroleum's Gulf of Mexico Shelf propertiesAugust 20, 2004$537 m
Repsol - Egypt YPF assetsJanuary 23, 2001$410 m
Shell - Fields and Leases UnitsApril 30, 1999$716 m
Phoenix ResourceMarch 29, 1996
DEK Energy CompanyDecember 22, 1994$285 m
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Apache Corporation Revenue Breakdown

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Apache Corporation revenue breakdown by geographic segment: 31.4% from Egypt, 19.9% from North Sea and 48.7% from U.S.

Human Capital Metrics

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Apache Corporation Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Apache Corporation Online and Social Media Presence

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Apache Corporation Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    B-

    72/100

  • Compensation

    B

    75/100

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Apache Corporation News and Updates

Apache Corporation Announces Upsizing, Expiration and Results of Cash Tender Offer for Any and All of Certain of its Outstanding Notes

HOUSTON, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Apache Corporation announced today that it has amended its previously announced cash tender offers (each, an “Offer” and collectively, the “Offers”) to purchase up to $1.5 billion in aggregate principal amount of its outstanding notes listed in the table …

Apache Corporation Commences Cash Tender Offer for Any and All of Certain of Its Outstanding Notes for Up to $1.5 Billion Aggregate Principal Amount

HOUSTON, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Apache Corporation announced today that it has commenced cash tender offers (each, an “Offer” and collectively, the “Offers”) to purchase up to $1.5 billion in aggregate principal amount (the “Maximum Purchase Amount”) of its outstanding notes listed in t…

Lawsuit for Investors in Apache Corporation (NASDAQ: APA) shares announced by Shareholders Foundation

SAN DIEGO, July 20, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: APA shares.

Apache Corporation Opens Application for 2021-2022 Tree Grant Program

HOUSTON, June 14, 2021 (GLOBE NEWSWIRE) -- Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), today announced that it has opened the application season for its 2021-2022 Tree Grant Program. Last year, the program donated more than 64,000 trees to 56 nonprofits, including the U.S. F…

APA Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Apache Corporation Investors of Class Action and Encourages Shareholders to Contact the Firm

NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Apache Corporation ("Apache" or "the Company") (NASDAQ: APA) and certain of its officers, on behalf of shareholders who …

UPCOMING DEADLINE REMINDER: The Schall Law Firm Reminds Investors of Class Action Lawsuit Against Apache Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, April 12, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Apache Corporation ("Apache" or "the Company") (NASDAQ: APA) for violations of §§10(b) and 20(a) of the Securities Exchange...
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Apache Corporation Blogs

Apache Corporation and APA Corporation Announce Completion of New Holding Company Structure

HOUSTON, March 01, 2021 (GLOBE NEWSWIRE) -- Apache Corporation (Apache) and APA Corporation (Nasdaq: APA) (APA or the Company) today announced completion of the previously announced holding company structure, making APA the parent holding company of Apache.

Apache Celebrates Black History Month

In honor of Black History Month, we would like to shine the spotlight on two members of our team. The post Apache Celebrates Black History Month appeared first on Apache.

Fortune Names Apache Corporation One of the World’s Most Admired Companies

Fortune Names Apache Corporation One of the World’s Most Admired Companies Content Import Mon, 02/01/2021 - 16:46 Fortune Names Apache Corporation One of the World’s Most Admired Companies Feb 01, 2021 This release is a backfill from a News Wire …

Apache Corporation Provides Fourth-Quarter Supplemental Information and Schedules Results Conference Call for Feb. 25, at 10 A.M. Central Time

Apache Corporation Provides Fourth-Quarter Supplemental Information and Schedules Results Conference Call for Feb. 25, at 10 A.M. Central Time Content Import Thu, 01/21/2021 - 16:47 Apache Corporation Provides Fourth-Quarter Supplemental Information and Schedules Results Conference Call fo…

Apache and Posse Foundation Partner to Support Houston-Area Students

Darius Pitre credits The Posse Foundation with helping him secure his dream job as a production engineer at Apache Corporation. The post Apache and Posse Foundation Partner to Support Houston-Area Students appeared first on Apache.

Helping to Make Dreams Come True in Egypt

In October, as a part of regular school visits and check-ins, Ahmed Zain with Apache Corporation visited 39 Springboard Schools in the Minya Governate in Egypt. The post Helping to Make Dreams Come True in Egypt appeared first on Apache.
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Apache Corporation Frequently Asked Questions

  • When was Apache Corporation founded?

    Apache Corporation was founded in 1954.

  • Who are Apache Corporation key executives?

    Apache Corporation's key executives are John J. Christmann, John E. Lowe and Stephen J. Riney.

  • How many employees does Apache Corporation have?

    Apache Corporation has 2,272 employees.

  • What is Apache Corporation revenue?

    Latest Apache Corporation annual revenue is $4.4 b.

  • What is Apache Corporation revenue per employee?

    Latest Apache Corporation revenue per employee is $2 m.

  • Who are Apache Corporation competitors?

    Competitors of Apache Corporation include Chesapeake Energy, Pioneer Natural Resources and Devon Energy.

  • Where is Apache Corporation headquarters?

    Apache Corporation headquarters is located at 2000 Post Oak Blvd #100, Houston.

  • Where are Apache Corporation offices?

    Apache Corporation has offices in Houston, Midland, San Antonio, Cairo and in 1 other location.

  • How many offices does Apache Corporation have?

    Apache Corporation has 5 offices.