Apa (APA) Capital Expenditures (2020 - 2026)
Apa's Capital Expenditures was $569 million in Q2 2026, down 13.8% from $660 million a year earlier but up 5.0% from the prior quarter.
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Analysis
Apa (APA) Capital Expenditures (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Apa's Capital Expenditures was $2.41 billion through Jun 30, 2026, down 21.2% year-over-year; for FY2025, it was $2.74 billion, down 3.9% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $2.85 billion in FY2024 (+23.3%), $2.31 billion in FY2023 (+30.7%), $1.77 billion in FY2022 (+60.8%) and $1.1 billion in FY2021 (-13.3%).
- Quarterly Capital Expenditures has moved between $232 million (Q3 2021) and $930 million (Q3 2024) over five years.
- Compared with a year earlier, Capital Expenditures has declined for five straight quarters, with growth averaging 5.3% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2022 (growth of 93.6%); the worst was Q1 2026 (a decline of 30.2%).
- Per Business Quant data, APA's Capital Expenditures in the three quarters before Q2 2026 was $542 million (Q1 2026), $584 million (Q4 2025) and $719 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | -4.24 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 4.54 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | -5.25 Bn |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 3.02 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 2.87 Bn |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 1.35 Bn |
| 10 | Apa | 14.55 Bn | 13.75 Bn | 2.28 Bn | 569.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 569.00 Mn |
| Mar 31, 2026 | 542.00 Mn |
| Dec 31, 2025 | 584.00 Mn |
| Sep 30, 2025 | 719.00 Mn |
| Jun 30, 2025 | 660.00 Mn |
| Mar 31, 2025 | 777.00 Mn |
| Dec 31, 2024 | 698.00 Mn |
| Sep 30, 2024 | 930.00 Mn |
| Jun 30, 2024 | 756.00 Mn |
| Mar 31, 2024 | 467.00 Mn |
| Dec 31, 2023 | 566.00 Mn |
| Sep 30, 2023 | 628.00 Mn |
| Jun 30, 2023 | 576.00 Mn |
| Mar 31, 2023 | 543.00 Mn |
| Dec 31, 2022 | 602.00 Mn |
| Sep 30, 2022 | 427.00 Mn |
| Jun 30, 2022 | 383.00 Mn |
| Mar 31, 2022 | 358.00 Mn |
| Dec 31, 2021 | 311.00 Mn |
| Sep 30, 2021 | 232.00 Mn |
API Access
Apa Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=APA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "APA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=APA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();