Stock Analysis on Net

Apache Corp. (NYSE:APA)

$22.49

This company has been moved to the archive! The financial data has not been updated since August 4, 2016.

Analysis of Revenues

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Revenues as Reported

Apache Corp., income statement, revenues

US$ in millions

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12 months ended: Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Oil and gas production revenues

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).


Revenue Trend Analysis

The oil and gas production revenues exhibited a declining trend over the five-year period under review. Starting at 16.81 billion US dollars at the end of 2011, revenues increased marginally to 16.95 billion in 2012, representing a slight growth of approximately 0.8% year over year.

However, beginning in 2013, the revenue figures began to contract. The amount decreased to 16.40 billion in 2013, a reduction of about 3.3% from the previous year. This downward momentum intensified in the subsequent years, with revenues declining to 13.75 billion in 2014, marking a significant decrease of nearly 16.2% from the prior year.

The most pronounced drop occurred between 2014 and 2015, where revenues plummeted by approximately 53.6%, falling to 6.38 billion US dollars. Overall, the five-year span saw a dramatic revenue decrease of about 62%, reflecting considerable challenges in the oil and gas production segment.

This sharp decline in revenue over the latter part of the period could indicate external factors affecting the industry such as market price volatility, changes in production volume, operational difficulties, or strategic shifts within the organization impacting revenue-generating activities.