Vmbook Online ordering

Independent Oil Gas

Independent Oil and Gas, with the stock ticker APA, is an energy company that focuses on the exploration, development, and production of oil and natural gas in the United States. The company has operations primarily in the Gulf of Mexico and Texas.

In terms of key financial metrics, here is some general information:

* Earnings: APA reported a net loss of $1.8 billion for the full year 2020, driven by a significant impairment charge related to the lowering of its long-term commodity price outlook. However, the company's adjusted earnings (excluding one-time items) were $270 million for the year.

* Revenue: APA's revenue in 2020 was $3.2 billion, representing a decrease of 32% compared to $4.7 billion in 2019.

* Cash Flow: The company generated $1.3 billion in operating cash flow and $319 million in free cash flow in 2020.

* Dividends: APA does not currently pay a dividend.

As for growth:

* Production: In 2020, APA's total production volume was 211 million barrels of oil equivalent (MMBOE), a decrease of 17% compared to 2019. The company expects production to rebound in 2021 and beyond, with a multi-year plan to increase production to around 310 MMBOE in 2026.

* Capital Expenditures: APA plans to invest $2.1 billion in capital expenditures in 2021, primarily focused on exploration and development activities in the Gulf of Mexico and Suriname. The company expects its capital expenditures to increase in the coming years as it ramps up its production growth initiatives.

It is important to note that these figures are subject to change based on various factors, such as commodity prices, operational performance, and market conditions. As a result, it is always recommended to conduct further research and consult with a financial advisor before making investment decisions.