APA - M&A Summary and Business Overview

Oil/gas ExplorationCompany

APA M&A Summary

APA has acquired 9 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 4 assets.

APA’s largest acquisition to date was in 2024, when it acquired Callon Petroleum for $4.5B. It’s largest disclosed sale occurred in 2014, when it sold Wheatstone LNG and Kitimat LNG to Woodside Petroleum for $2.8B. APA has acquired in 3 different US states. The Company’s most targeted sectors include oil/gas exploration (100%).

APA Business Overview

Where is APA headquartered?

APA is headquartered in Houston, Texas.

What is APA’s revenue?

APA disclosed revenue of 8,279M USD for 2023 and 11,075M USD for 2022.

How many employees does APA have?

APA has 2,271 employees.

What sector is APA in?

APA is an oil/gas exploration company.

When was APA founded?

APA was founded in 1954.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity7
    • M&A Sell Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 11
  • M&A Advisors 3

APA

APA Corporation

2000 Post Oak Boulevard Suite 100,
Houston, Texas 77056
United States,
(713) 296-6000
www.apacorp.com

APA is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom and Australia. Apa was incorporated in 1954 and is headquartered in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 6 - - - - 1 7
vol $6.6B $4.5B $11.1B
Sell (0.0/yr) # 4 - - - - - 4
vol $6.3B $6.3B
  11

Most Recent M&A

Company Date Value Type
Callon Petroleum Co. 2024-01-04 4.5B USD Add-on Acquisition
Houston, Texas · www.callon.com
Apache Corp - Gathering And Processing Assets 2015-12-02 - Divestiture
, United States
Apache Energy Limited 2015-06-05 2.1B USD Divestiture
Perth, Australia
Wheatstone LNG and Kitimat LNG 2014-12-15 2.8B USD Divestiture
, Australia
The Lucius oil field 2014-05-08 1.4B USD Stake Sale
, United States
Cordillera Energy Partners III LLC 2012-01-23 2.9B USD Add-on Acquisition
Greenwood Village, Colorado · www.cordilleraep.com
Phoenix Exploration Co. LP 2011-08-01 - Add-on Acquisition
Houston, Texas · www.phoenixexploration.us
Mariner Energy, Inc. 2010-11-10 2.7B USD Merger
Houston, Texas · www.mariner-energy.com
The Lucius oil field 2009-11-30 - Stake Purchase
, United States
Anadarko 28 Permian Basin Oil Fields 2007-01-18 1.0B USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 7 (100%) 11.1B (100%) 3 (75%) 6.3B (100%)
Energy Services and Equipment - - 1 (25%) -
Total 7 $11.1B 4 $6.3B

By Geo

State/Country Buy Value Sell Value
United States 7 11.1B 2 1.4B
  Texas 4 7.2B - -
  Colorado 1 2.9B - -
Australia - - 2 4.9B
Domestic 7 (100%) 11.1B (100%) 2 (50%) 1.4B (22%)
Cross-border - - 2 (50%) 4.9B (78%)
Total 7 $11.1B 4 $6.3B

Top M&A Advisors

Financial Deals
Goldman Sachs
 2
Tudor, Pickering, Holt & Co., LLC
 1
J.P. Morgan Securities
 1

Deal Values

buy # Total
> $1B 4 $11.1B
TOTAL $11.1B
Largest Callon Petroleum Co.
$4.5B (2024-01-04)
sell # Total
> $1B 3 $6.3B
TOTAL $6.3B
Largest Wheatstone LNG and Kitimat LNG
$2.8B (2014-12-15)

M&A Connections

Deals
Acquired from
Investor(s)
29%
2 (29%)
Strategic(s)
29%
2 (29%)
Divested to
Investor(s)
25%
1 (25%)
Strategic(s)
75%
3 (75%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

8,279   26% 2023
11,075   39% 2022
7,985   81% 2021
4,435   30% 2020
6,315   15% 2019
7,348   25% 2018
5,887   10% 2017
5,367   16% 2016
6,383   54% 2015
13,749   7% 2014
14,771   11% 2013
16,428   2012
(millions of USD) Show More Show Less

Employees

2,271

Established

1954

Public

NASDAQ: APA

Former Name

Apache Corp.

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