Stock Analysis on Net

Apache Corp. (NYSE:APA)

$22.49

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)
No. shares of common stock outstanding
US$ in millions
Common equity (market value)1
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)
Total equity
Add: Current debt (per books)
Add: Long-term debt, excluding current maturities (per books)
Total equity and debt
Less: Cash and cash equivalents
Enterprise value (EV)

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

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×


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
No. shares of common stock outstanding1
US$ in millions
Common equity (market value)3
Add: Preferred stock, no par value, 6% Cumulative Mandatory Convertible, Series D, $1,000 per share liquidation preference (book value)
Add: Noncontrolling interest (book value)
Total equity
Add: Current debt (book value)
Add: Long-term debt, excluding current maturities (book value)
Total equity and debt
Less: Cash and cash equivalents
Enterprise value (EV)

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
= ×


Common Equity (Market Value)
The common equity measured at market value shows a general declining trend from 2011 through 2015. It starts at approximately 41.5 billion US dollars in 2011 and decreases sharply to about 14.9 billion US dollars by the end of 2015. Notably, there is a significant drop between 2011 and 2012, followed by slight recovery until 2013, and then a continuous decline through 2014 and 2015.
Total Equity
Total equity follows a pattern broadly consistent with the market value of common equity. It reduces from around 42.7 billion US dollars in 2011 to approximately 16.6 billion US dollars by 2015. The decrease is most pronounced in the final two years, particularly from 2014 to 2015.
Total Equity and Debt
This measure also exhibits a downward trend over the observed period. Starting at about 49.9 billion US dollars in 2011, it declines steadily to roughly 25.4 billion US dollars in 2015. The reductions are consistent year-over-year, marking nearly half the initial value by the end of the period.
Enterprise Value (EV)
Enterprise value reflects a similar descending trend as total equity and debt. Beginning at approximately 49.6 billion US dollars in 2011, it decreases progressively each year and reaches around 23.9 billion US dollars in 2015. The reduction is steady with no temporary increases, suggesting a consistent contraction in overall company valuation.
Overall Observations
Across all financial metrics analyzed, there is a clear pattern of decline from 2011 to 2015. The steepest decreases occur between 2014 and 2015, indicating a period of significant value reduction. This consistent downward trajectory in equity, total capitalization, and enterprise value may reflect underlying challenges or adverse market conditions affecting the financial strength and valuation over this five-year span.