Calculation
Net profit margin | = | 100 | × | Net income (loss) attributable to Apache shareholders1 | ÷ | Oil and gas production revenues1 | |
---|---|---|---|---|---|---|---|
Dec 31, 2015 | -362.20% | = | 100 | × | (23,119) | ÷ | 6,383) |
Dec 31, 2014 | -39.30% | = | 100 | × | (5,403) | ÷ | 13,749) |
Dec 31, 2013 | 13.61% | = | 100 | × | 2,232) | ÷ | 16,402) |
Dec 31, 2012 | 11.81% | = | 100 | × | 2,001) | ÷ | 16,947) |
Dec 31, 2011 | 27.27% | = | 100 | × | 4,584) | ÷ | 16,810) |
Dec 31, 2010 | 24.89% | = | 100 | × | 3,032) | ÷ | 12,183) |
Dec 31, 2009 | -3.32% | = | 100 | × | (284) | ÷ | 8,574) |
Dec 31, 2008 | 5.78% | = | 100 | × | 712) | ÷ | 12,328) |
Dec 31, 2007 | 28.23% | = | 100 | × | 2,812) | ÷ | 9,962) |
Dec 31, 2006 | 31.61% | = | 100 | × | 2,552) | ÷ | 8,074) |
Dec 31, 2005 | 35.18% | = | 100 | × | 2,624) | ÷ | 7,457) |
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), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The financial data indicates notable volatility in profitability and revenue over the examined period. Net income attributable to shareholders demonstrates significant fluctuation, with a peak in 2011 and pronounced losses in the final two years of the dataset. This suggests periods of strong operational performance followed by substantial challenges or write-downs impacting earnings.
- Net Income (Loss) Trends
- Initial years show positive and relatively stable net income values, with amounts generally above US$2 billion. However, a sharp decline occurs in 2009 leading to a negative figure, followed by a recovery peaking at US$4.6 billion in 2011. Subsequently, the downward trajectory resumes with the net income dropping to significant losses in 2014 and 2015, reaching as low as approximately -US$23 billion.
- Oil and Gas Production Revenues
- Revenues increase steadily from 2005 to 2008, reflecting a period of growth and expansion. Despite a dip in 2009, revenues recover and achieve a peak in 2012. Post-2012, revenues trend downward, with a marked reduction by 2015, roughly halving from earlier peak levels.
- Net Profit Margin
- The net profit margin mirrors the income trends closely. It starts at a high of 35.18% in 2005 and declines gradually until a steep drop in 2009 to a slightly negative margin. A recovery phase appears until 2011, with margins above 27%. After that, a sharp decline takes place, resulting in negative margins exceeding -30% in the last two years, pointing to reduced profitability and significant losses relative to revenue.
Overall, the data reveals a cycle of growth and profitability through the mid to late 2000s, followed by a period characterized by increased volatility and eventual significant losses. Revenue declines in the final years exacerbate the negative net income and margins, indicating potential operational or market challenges adversely affecting financial performance.
Comparison to Competitors
Apache Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
---|---|---|---|---|---|
Dec 31, 2015 | -362.20% | 3.53% | -14.98% | 6.22% | -62.73% |
Dec 31, 2014 | -39.30% | 9.60% | 13.08% | 8.25% | 3.19% |
Dec 31, 2013 | 13.61% | 9.73% | 16.83% | 7.74% | 24.14% |
Dec 31, 2012 | 11.81% | 11.35% | 14.54% | 9.90% | 19.02% |
Dec 31, 2011 | 27.27% | 11.01% | 5.08% | 8.79% | 28.28% |
Dec 31, 2010 | 24.89% | 9.60% | 6.00% | 8.23% | 23.79% |
Dec 31, 2009 | -3.32% | 6.26% | 3.25% | 6.39% | 18.92% |
Dec 31, 2008 | 5.78% | 9.03% | -7.06% | 9.84% | 28.31% |
Dec 31, 2007 | 28.23% | 8.73% | 6.34% | 10.40% | 28.75% |
Dec 31, 2006 | 31.61% | 8.36% | 8.47% | 10.81% | 23.68% |
Dec 31, 2005 | 35.18% | 7.28% | 7.54% | 10.07% | 34.73% |
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), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Apache Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
Apache Corp. | Oil, Gas & Consumable Fuels | |
---|---|---|
Dec 31, 2015 | -362.20% | 1.97% |
Dec 31, 2014 | -39.30% | 8.89% |
Dec 31, 2013 | 13.61% | 9.59% |
Dec 31, 2012 | 11.81% | 10.98% |
Dec 31, 2011 | 27.27% | 8.89% |
Dec 31, 2010 | 24.89% | 8.42% |
Dec 31, 2009 | -3.32% | 5.92% |
Dec 31, 2008 | 5.78% | 5.96% |
Dec 31, 2007 | 28.23% | 9.45% |
Dec 31, 2006 | 31.61% | 9.90% |
Dec 31, 2005 | 35.18% | 9.24% |
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), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Apache Corp. | Energy | |
---|---|---|
Dec 31, 2015 | -362.20% | 2.26% |
Dec 31, 2014 | -39.30% | 9.05% |
Dec 31, 2013 | 13.61% | 9.91% |
Dec 31, 2012 | 11.81% | 11.09% |
Dec 31, 2011 | 27.27% | 9.04% |
Dec 31, 2010 | 24.89% | 8.66% |
Dec 31, 2009 | -3.32% | 6.20% |
Dec 31, 2008 | 5.78% | 6.34% |
Dec 31, 2007 | 28.23% | 9.80% |
Dec 31, 2006 | 31.61% | 10.13% |
Dec 31, 2005 | 35.18% | 9.36% |
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), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).