What Are Apache’s Profit Margins and Revenue Trends?



Apache’s revenue and net profit margin

Apache’s (APA) 2Q16 revenue fell ~32% YoY (year-over-year). Its YoY revenue growth was -39% in 2Q15 and -35% in 1Q16.

In comparison, Apache’s upstream peers Concho Resources (CXO), Newfield Exploration (NFX), and Oasis Petroleum (OAS) saw YoY revenue growths of -13%, -25%, and -22%, respectively, in 2Q16.

Apache also saw a fall in its net profit margin. In 2Q16, it was -18%. It was -43% in 2Q15 and -47% in 1Q16.

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