Analysis of Geographic Areas
Apache Corp. operates in 4 regions: United States; Canada; Egypt; and U.K. North Sea.
Area Profit Margin
Apache Corp., profit margin by geographic area
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | -737.24% | -39.08% | 31.57% | 37.12% | 46.40% |
| Canada | -779.72% | 10.53% | 0.90% | -141.23% | 22.20% |
| Egypt | -8.33% | 51.94% | 61.04% | 69.52% | 73.62% |
| U.K. North Sea | -155.70% | 0.91% | 17.60% | 35.95% | 42.71% |
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).
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | United States | United States area profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
| Canada | Canada area profit margin ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| Egypt | Egypt area profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| U.K. North Sea | U.K. North Sea area profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Profit Margin: United States
Apache Corp.; United States; area profit margin calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (19,441) | (2,245) | 2,179) | 2,311) | 2,832) |
| Oil and gas production revenues | 2,637) | 5,744) | 6,902) | 6,226) | 6,103) |
| Area Profitability Ratio | |||||
| Area profit margin1 | -737.24% | -39.08% | 31.57% | 37.12% | 46.40% |
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).
1 2015 Calculation
Area profit margin = 100 × Operating income (loss) ÷ Oil and gas production revenues
= 100 × -19,441 ÷ 2,637 = -737.24%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | United States | United States area profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Profit Margin: Canada
Apache Corp.; Canada; area profit margin calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (3,883) | 115) | 11) | (1,867) | 359) |
| Oil and gas production revenues | 498) | 1,092) | 1,224) | 1,322) | 1,617) |
| Area Profitability Ratio | |||||
| Area profit margin1 | -779.72% | 10.53% | 0.90% | -141.23% | 22.20% |
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).
1 2015 Calculation
Area profit margin = 100 × Operating income (loss) ÷ Oil and gas production revenues
= 100 × -3,883 ÷ 498 = -779.72%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | Canada | Canada area profit margin ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Area Profit Margin: Egypt
Apache Corp.; Egypt; area profit margin calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (164) | 1,838) | 2,391) | 3,166) | 3,527) |
| Oil and gas production revenues | 1,968) | 3,539) | 3,917) | 4,554) | 4,791) |
| Area Profitability Ratio | |||||
| Area profit margin1 | -8.33% | 51.94% | 61.04% | 69.52% | 73.62% |
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).
1 2015 Calculation
Area profit margin = 100 × Operating income (loss) ÷ Oil and gas production revenues
= 100 × -164 ÷ 1,968 = -8.33%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | Egypt | Egypt area profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Profit Margin: U.K. North Sea
Apache Corp.; U.K. North Sea; area profit margin calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (1,993) | 21) | 480) | 989) | 893) |
| Oil and gas production revenues | 1,280) | 2,316) | 2,728) | 2,751) | 2,091) |
| Area Profitability Ratio | |||||
| Area profit margin1 | -155.70% | 0.91% | 17.60% | 35.95% | 42.71% |
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).
1 2015 Calculation
Area profit margin = 100 × Operating income (loss) ÷ Oil and gas production revenues
= 100 × -1,993 ÷ 1,280 = -155.70%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area profit margin | U.K. North Sea | U.K. North Sea area profit margin ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Return on Assets (Area ROA)
Apache Corp., ROA by geographic area
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | -273.32% | -8.36% | 7.28% | 7.41% | 12.05% |
| Canada | -265.05% | 1.73% | 0.16% | -26.14% | 4.07% |
| Egypt | -2.62% | 25.21% | 29.44% | 43.30% | 52.99% |
| U.K. North Sea | -50.44% | 0.34% | 6.95% | 14.39% | 13.53% |
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).
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | United States | United States area ROA deteriorated from 2013 to 2014 and from 2014 to 2015. |
| Canada | Canada area ROA improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| Egypt | Egypt area ROA deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| U.K. North Sea | U.K. North Sea area ROA deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area ROA: United States
Apache Corp.; United States; area ROA calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (19,441) | (2,245) | 2,179) | 2,311) | 2,832) |
| Total assets | 7,113) | 26,852) | 29,940) | 31,175) | 23,499) |
| Area Profitability Ratio | |||||
| Area ROA1 | -273.32% | -8.36% | 7.28% | 7.41% | 12.05% |
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).
1 2015 Calculation
Area ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × -19,441 ÷ 7,113 = -273.32%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | United States | United States area ROA deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area ROA: Canada
Apache Corp.; Canada; area ROA calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (3,883) | 115) | 11) | (1,867) | 359) |
| Total assets | 1,465) | 6,640) | 6,952) | 7,142) | 8,816) |
| Area Profitability Ratio | |||||
| Area ROA1 | -265.05% | 1.73% | 0.16% | -26.14% | 4.07% |
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).
1 2015 Calculation
Area ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × -3,883 ÷ 1,465 = -265.05%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | Canada | Canada area ROA improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Area ROA: Egypt
Apache Corp.; Egypt; area ROA calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (164) | 1,838) | 2,391) | 3,166) | 3,527) |
| Total assets | 6,249) | 7,292) | 8,121) | 7,311) | 6,656) |
| Area Profitability Ratio | |||||
| Area ROA1 | -2.62% | 25.21% | 29.44% | 43.30% | 52.99% |
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).
1 2015 Calculation
Area ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × -164 ÷ 6,249 = -2.62%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | Egypt | Egypt area ROA deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area ROA: U.K. North Sea
Apache Corp.; U.K. North Sea; area ROA calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Operating income (loss) | (1,993) | 21) | 480) | 989) | 893) |
| Total assets | 3,951) | 6,102) | 6,902) | 6,874) | 6,600) |
| Area Profitability Ratio | |||||
| Area ROA1 | -50.44% | 0.34% | 6.95% | 14.39% | 13.53% |
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).
1 2015 Calculation
Area ROA = 100 × Operating income (loss) ÷ Total assets
= 100 × -1,993 ÷ 3,951 = -50.44%
| Area profitability ratio | Geographic area | The company |
|---|---|---|
| Area ROA | U.K. North Sea | U.K. North Sea area ROA deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Asset Turnover
Apache Corp., asset turnover by geographic area
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 0.37 | 0.21 | 0.23 | 0.20 | 0.26 |
| Canada | 0.34 | 0.16 | 0.18 | 0.19 | 0.18 |
| Egypt | 0.31 | 0.49 | 0.48 | 0.62 | 0.72 |
| U.K. North Sea | 0.32 | 0.38 | 0.40 | 0.40 | 0.32 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
| Canada | Canada area asset turnover ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. | |
| Egypt | Egypt area asset turnover ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| U.K. North Sea | U.K. North Sea area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Asset Turnover: United States
Apache Corp.; United States; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Oil and gas production revenues | 2,637) | 5,744) | 6,902) | 6,226) | 6,103) |
| Total assets | 7,113) | 26,852) | 29,940) | 31,175) | 23,499) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.37 | 0.21 | 0.23 | 0.20 | 0.26 |
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).
1 2015 Calculation
Area asset turnover = Oil and gas production revenues ÷ Total assets
= 2,637 ÷ 7,113 = 0.37
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
Area Asset Turnover: Canada
Apache Corp.; Canada; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Oil and gas production revenues | 498) | 1,092) | 1,224) | 1,322) | 1,617) |
| Total assets | 1,465) | 6,640) | 6,952) | 7,142) | 8,816) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.34 | 0.16 | 0.18 | 0.19 | 0.18 |
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).
1 2015 Calculation
Area asset turnover = Oil and gas production revenues ÷ Total assets
= 498 ÷ 1,465 = 0.34
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio deteriorated from 2013 to 2014 but then improved from 2014 to 2015 exceeding 2013 level. |
Area Asset Turnover: Egypt
Apache Corp.; Egypt; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Oil and gas production revenues | 1,968) | 3,539) | 3,917) | 4,554) | 4,791) |
| Total assets | 6,249) | 7,292) | 8,121) | 7,311) | 6,656) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.31 | 0.49 | 0.48 | 0.62 | 0.72 |
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).
1 2015 Calculation
Area asset turnover = Oil and gas production revenues ÷ Total assets
= 1,968 ÷ 6,249 = 0.31
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Egypt | Egypt area asset turnover ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Area Asset Turnover: U.K. North Sea
Apache Corp.; U.K. North Sea; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Oil and gas production revenues | 1,280) | 2,316) | 2,728) | 2,751) | 2,091) |
| Total assets | 3,951) | 6,102) | 6,902) | 6,874) | 6,600) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.32 | 0.38 | 0.40 | 0.40 | 0.32 |
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).
1 2015 Calculation
Area asset turnover = Oil and gas production revenues ÷ Total assets
= 1,280 ÷ 3,951 = 0.32
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.K. North Sea | U.K. North Sea area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Capital Expenditures to Depreciation
Apache Corp., capital expenditures to depreciation by geographic area
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 0.12 | 1.11 | 2.22 | 4.66 | 2.29 |
| Canada | 0.08 | 2.41 | 2.14 | 0.44 | 2.36 |
| Egypt | 0.59 | 1.21 | 1.30 | 1.25 | 1.24 |
| U.K. North Sea | 0.26 | 0.67 | 0.78 | 1.21 | 10.21 |
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).
| Area financial ratio | Geographic area | The company |
|---|---|---|
| Area capital expenditures to depreciation | United States | United States area capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
| Canada | Canada area capital expenditures to depreciation ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| Egypt | Egypt area capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| U.K. North Sea | U.K. North Sea area capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Capital Expenditures to Depreciation: United States
Apache Corp.; United States; area capital expenditures to depreciation calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Additions to net property and equipment | 2,454) | 7,294) | 6,404) | 9,586) | 3,854) |
| Depreciation, depletion, and amortization | 21,059) | 6,582) | 2,890) | 2,056) | 1,684) |
| Area Financial Ratio | |||||
| Area capital expenditures to depreciation1 | 0.12 | 1.11 | 2.22 | 4.66 | 2.29 |
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).
1 2015 Calculation
Area capital expenditures to depreciation = Additions to net property and equipment ÷ Depreciation, depletion, and amortization
= 2,454 ÷ 21,059 = 0.12
| Area financial ratio | Geographic area | The company |
|---|---|---|
| Area capital expenditures to depreciation | United States | United States area capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Capital Expenditures to Depreciation: Canada
Apache Corp.; Canada; area capital expenditures to depreciation calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Additions to net property and equipment | 324) | 963) | 1,082) | 1,096) | 1,288) |
| Depreciation, depletion, and amortization | 3,979) | 400) | 505) | 2,477) | 546) |
| Area Financial Ratio | |||||
| Area capital expenditures to depreciation1 | 0.08 | 2.41 | 2.14 | 0.44 | 2.36 |
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).
1 2015 Calculation
Area capital expenditures to depreciation = Additions to net property and equipment ÷ Depreciation, depletion, and amortization
= 324 ÷ 3,979 = 0.08
| Area financial ratio | Geographic area | The company |
|---|---|---|
| Area capital expenditures to depreciation | Canada | Canada area capital expenditures to depreciation ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Area Capital Expenditures to Depreciation: Egypt
Apache Corp.; Egypt; area capital expenditures to depreciation calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Additions to net property and equipment | 915) | 1,397) | 1,309) | 1,153) | 1,015) |
| Depreciation, depletion, and amortization | 1,556) | 1,151) | 1,005) | 925) | 818) |
| Area Financial Ratio | |||||
| Area capital expenditures to depreciation1 | 0.59 | 1.21 | 1.30 | 1.25 | 1.24 |
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).
1 2015 Calculation
Area capital expenditures to depreciation = Additions to net property and equipment ÷ Depreciation, depletion, and amortization
= 915 ÷ 1,556 = 0.59
| Area financial ratio | Geographic area | The company |
|---|---|---|
| Area capital expenditures to depreciation | Egypt | Egypt area capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Capital Expenditures to Depreciation: U.K. North Sea
Apache Corp.; U.K. North Sea; area capital expenditures to depreciation calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Additions to net property and equipment | 733) | 1,071) | 1,084) | 1,104) | 4,175) |
| Depreciation, depletion, and amortization | 2,778) | 1,587) | 1,389) | 914) | 409) |
| Area Financial Ratio | |||||
| Area capital expenditures to depreciation1 | 0.26 | 0.67 | 0.78 | 1.21 | 10.21 |
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).
1 2015 Calculation
Area capital expenditures to depreciation = Additions to net property and equipment ÷ Depreciation, depletion, and amortization
= 733 ÷ 2,778 = 0.26
| Area financial ratio | Geographic area | The company |
|---|---|---|
| Area capital expenditures to depreciation | U.K. North Sea | U.K. North Sea area capital expenditures to depreciation ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Oil and gas production revenues
Apache Corp., oil and gas production revenues by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 2,637) | 5,744) | 6,902) | 6,226) | 6,103) |
| Canada | 498) | 1,092) | 1,224) | 1,322) | 1,617) |
| Egypt | 1,968) | 3,539) | 3,917) | 4,554) | 4,791) |
| Australia | —) | 1,058) | 1,140) | 1,575) | 1,734) |
| U.K. North Sea | 1,280) | 2,316) | 2,728) | 2,751) | 2,091) |
| Argentina | —) | —) | 491) | 519) | 474) |
| Total | 6,383) | 13,749) | 16,402) | 16,947) | 16,810) |
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).
Depreciation, depletion, and amortization
Apache Corp., depreciation, depletion, and amortization by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 21,059) | 6,582) | 2,890) | 2,056) | 1,684) |
| Canada | 3,979) | 400) | 505) | 2,477) | 546) |
| Egypt | 1,556) | 1,151) | 1,005) | 925) | 818) |
| Australia | —) | 438) | 423) | 466) | 440) |
| U.K. North Sea | 2,778) | 1,587) | 1,389) | 914) | 409) |
| Argentina | —) | —) | 411) | 228) | 198) |
| Other international | —) | —) | 77) | 43) | 109) |
| Total | 29,372) | 10,158) | 6,700) | 7,109) | 4,204) |
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).
Operating income (loss)
Apache Corp., operating income (loss) by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | (19,441) | (2,245) | 2,179) | 2,311) | 2,832) |
| Canada | (3,883) | 115) | 11) | (1,867) | 359) |
| Egypt | (164) | 1,838) | 2,391) | 3,166) | 3,527) |
| Australia | —) | 251) | 463) | 866) | 1,078) |
| U.K. North Sea | (1,993) | 21) | 480) | 989) | 893) |
| Argentina | —) | —) | (173) | 51) | 72) |
| Other international | —) | —) | (77) | (43) | (109) |
| Total | (25,481) | (20) | 5,274) | 5,473) | 8,652) |
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).
Total assets
Apache Corp., total assets by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 7,113) | 26,852) | 29,940) | 31,175) | 23,499) |
| Canada | 1,465) | 6,640) | 6,952) | 7,142) | 8,816) |
| Egypt | 6,249) | 7,292) | 8,121) | 7,311) | 6,656) |
| Australia | —) | 9,020) | 8,094) | 6,280) | 4,681) |
| U.K. North Sea | 3,951) | 6,102) | 6,902) | 6,874) | 6,600) |
| Argentina | —) | —) | 1,577) | 1,835) | 1,766) |
| Other international | 64) | 46) | 51) | 120) | 33) |
| Total | 18,842) | 55,952) | 61,637) | 60,737) | 52,051) |
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).
Additions to net property and equipment
Apache Corp., additions to net property and equipment by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 2,454) | 7,294) | 6,404) | 9,586) | 3,854) |
| Canada | 324) | 963) | 1,082) | 1,096) | 1,288) |
| Egypt | 915) | 1,397) | 1,309) | 1,153) | 1,015) |
| Australia | —) | 1,419) | 1,954) | 1,581) | 1,140) |
| U.K. North Sea | 733) | 1,071) | 1,084) | 1,104) | 4,175) |
| Argentina | —) | —) | 205) | 337) | 374) |
| Other international | 28) | (28) | 24) | 98) | 73) |
| Total | 4,454) | 12,116) | 12,062) | 14,955) | 11,919) |
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).