Stock Analysis on Net

Apache Corp. (NYSE:APA)

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

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Apache Corp., current enterprise value calculation

Microsoft Excel
Current share price (P) $50.18
No. shares of common stock outstanding 379,423,069
US$ in millions
Common equity (market value)1 19,039
Add: Preferred stock, no par value, 6% Cumulative Mandatory Convertible, Series D, $1,000 per share liquidation preference (per books)
Add: Noncontrolling interest (per books) 1,662
Total equity 20,701
Add: Current debt (per books) 1
Add: Long-term debt, excluding current maturities (per books) 8,777
Total equity and debt 29,479
Less: Cash and cash equivalents 1,467
Enterprise value (EV) 28,012

Based on: 10-K (reporting date: 2015-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 50.18 × 379,423,069


Historical Enterprise Value (EV)

Apache Corp., EV calculation

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Share price1, 2 $39.47 $65.84 $79.29 $73.75 $107.93
No. shares of common stock outstanding1 378,297,784 376,823,368 394,724,983 391,758,883 384,321,970
US$ in millions
Common equity (market value)3 14,931 24,810 31,298 28,892 41,480
Add: Preferred stock, no par value, 6% Cumulative Mandatory Convertible, Series D, $1,000 per share liquidation preference (book value) 1,227 1,227
Add: Noncontrolling interest (book value) 1,662 2,200 1,997
Total equity 16,593 27,010 33,295 30,119 42,707
Add: Current debt (book value) 1 53 990 431
Add: Long-term debt, excluding current maturities (book value) 8,777 11,245 9,672 11,355 6,785
Total equity and debt 25,371 38,255 43,020 42,464 49,923
Less: Cash and cash equivalents 1,467 769 1,906 160 295
Enterprise value (EV) 23,904 37,486 41,114 42,304 49,628

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 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Apache Corp. Annual Report.

3 2015 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 39.47 × 378,297,784

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Apache Corp. EV decreased from 2013 to 2014 and from 2014 to 2015.