2023 Q1 Form 10-Q Financial Statement

#000169278723000016 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $281.0M $295.5M $257.2M
YoY Change 9.25% 424.57% 653.38%
Cost Of Revenue $121.3M $124.4M $124.4M
YoY Change -2.49% 504.63% 1224.41%
Gross Profit $159.7M $171.1M $132.8M
YoY Change 20.24% 378.53% 436.63%
Gross Profit Margin 56.83% 57.92% 51.63%
Selling, General & Admin $27.51M $22.09M $12.35M
YoY Change 122.73% 203.12% 70.07%
% of Gross Profit 17.23% 12.91% 9.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.85M $67.74M $61.02M
YoY Change 12.83% 1549.28% 9.03%
% of Gross Profit 43.11% 39.58% 45.94%
Operating Expenses $132.3M $126.1M $103.2M
YoY Change 28.18% 1006.87% 816.68%
Operating Profit $27.27M $45.02M $19.07M
YoY Change 43.01% 84.75% -39.58%
Interest Expense -$69.31M $3.822M -$26.77M
YoY Change 158.86% -95.87% 5.78%
% of Operating Profit -254.2% 8.49% -140.44%
Other Income/Expense, Net -$22.55M $3.000M
YoY Change -851.67% -122.36%
Pretax Income $4.715M $48.83M $22.07M
YoY Change -78.63% -204.35% 21.66%
Income Tax $416.0K $372.0K $676.0K
% Of Pretax Income 8.82% 0.76% 3.06%
Net Earnings $187.5M $15.50M $21.39M
YoY Change 776.56% -149.94% 17.94%
Net Earnings / Revenue 66.71% 5.24% 8.31%
Basic Earnings Per Share -$0.06 $0.21
Diluted Earnings Per Share -$0.06 $0.34 $0.21
COMMON SHARES
Basic Shares Outstanding 47.39M shares 18.70M shares
Diluted Shares Outstanding 47.61M shares 18.71M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.984M $6.394M $17.65M
YoY Change -88.76% -95.15% -65.61%
Cash & Equivalents $1.984M $6.400M $17.65M
Short-Term Investments
Other Short-Term Assets $41.00M $26.64M $29.25M
YoY Change 40.19% 354.09% 275.57%
Inventory $4.200M $4.800M $4.800M
Prepaid Expenses
Receivables $199.0M $204.0M $262.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $246.2M $241.9M $309.5M
YoY Change -20.44% 11.19% 306.16%
LONG-TERM ASSETS
Property, Plant & Equipment $2.634B $2.535B $2.478B
YoY Change 6.3% 37.84% 1181.15%
Goodwill $5.100M $5.077M $3.900M
YoY Change 30.77%
Intangibles $676.5M $695.4M $773.0M
YoY Change -12.48% -11.53%
Long-Term Investments $2.410B $2.381B $2.361B
YoY Change 2.06% 280.11% 50.72%
Other Assets $85.55M $32.28M $30.85M
YoY Change 177.29% -97.65% -98.04%
Total Long-Term Assets $5.878B $5.678B $5.704B
YoY Change 3.05% 70.22% 222.93%
TOTAL ASSETS
Total Short-Term Assets $246.2M $241.9M $309.5M
Total Long-Term Assets $5.878B $5.678B $5.704B
Total Assets $6.125B $5.920B $6.014B
YoY Change 1.85% 66.6% 226.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.32M $17.90M $10.90M
YoY Change 68.1% 46.47%
Accrued Expenses $176.3M $173.9M $210.4M
YoY Change -16.19% 28.21% 2930.62%
Deferred Revenue $5.919M $6.607M $4.994M
YoY Change 18.52% 114.37%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $54.32M
YoY Change
Total Short-Term Liabilities $248.3M $227.8M $388.6M
YoY Change -36.11% -5.44% 1675.9%
LONG-TERM LIABILITIES
Long-Term Debt $3.512B $3.369B $2.894B
YoY Change 21.34% 412.71% 340.49%
Other Long-Term Liabilities $4.310M $2.677M $2.717M
YoY Change 58.63% 20.64% -60.66%
Total Long-Term Liabilities $3.602B $3.419B $3.117B
YoY Change 15.56% 48.31% 45023.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $248.3M $227.8M $388.6M
Total Long-Term Liabilities $3.602B $3.419B $3.117B
Total Liabilities $3.850B $3.647B $3.505B
YoY Change 9.83% 43.23% 286.72%
SHAREHOLDERS EQUITY
Retained Earnings -$863.5M -$958.6M -$1.138B
YoY Change -24.12% 208.15%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.432M $0.00
YoY Change
Treasury Stock Shares 81.86K shares 0.000 shares
Shareholders Equity -$636.2M -$839.8M -$1.138B
YoY Change
Total Liabilities & Shareholders Equity $6.125B $5.920B $6.014B
YoY Change 1.85% 66.6% 226.37%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income $187.5M $15.50M $21.39M
YoY Change 776.56% -149.94% 17.94%
Depreciation, Depletion And Amortization $68.85M $67.74M $61.02M
YoY Change 12.83% 1549.28% 9.03%
Cash From Operating Activities $119.6M $159.8M $98.39M
YoY Change 21.54% 211.28% 136.56%
INVESTING ACTIVITIES
Capital Expenditures $58.86M $47.77M $29.23M
YoY Change 101.35% -3718.86% 48.0%
Acquisitions
YoY Change
Other Investing Activities -$177.9M -$21.94M $13.40M
YoY Change -1427.15% -346.44% -212.69%
Cash From Investing Activities -$246.5M -$69.71M -$19.39M
YoY Change 1170.98% -1019.2% -52.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.432M
YoY Change
Debt Paid & Issued, Net $0.00 $26.38M
YoY Change -100.0% 112.02%
Cash From Financing Activities $122.5M -95.38M -$80.08M
YoY Change -252.92% 165.45% -841.86%
NET CHANGE
Cash From Operating Activities $119.6M 159.8M $98.39M
Cash From Investing Activities -$246.5M -69.71M -$19.39M
Cash From Financing Activities $122.5M -95.38M -$80.08M
Net Change In Cash -$4.410M -5.334M -$1.083M
YoY Change 307.2% -123.22% -109.56%
FREE CASH FLOW
Cash From Operating Activities $119.6M $159.8M $98.39M
Capital Expenditures $58.86M $47.77M $29.23M
Free Cash Flow $60.73M $112.0M $69.16M
YoY Change -12.19% 112.74% 216.65%

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1521000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3389000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1655000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
448000 usd
CY2023Q1 apa Proceeds From Contributions From Unconsolidated Affiliates
ProceedsFromContributionsFromUnconsolidatedAffiliates
67764000 usd
CY2022Q1 apa Proceeds From Contributions From Unconsolidated Affiliates
ProceedsFromContributionsFromUnconsolidatedAffiliates
48073000 usd
CY2023Q1 apa Derivative Cash Settlement
DerivativeCashSettlement
-974000 usd
CY2022Q1 apa Derivative Cash Settlement
DerivativeCashSettlement
884000 usd
CY2023Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-11770000 usd
CY2022Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
8745000 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-44000 usd
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 usd
CY2023Q1 apa Gain Loss Mandatorily Redeemable Preferred Units
GainLossMandatorilyRedeemablePreferredUnits
0 usd
CY2022Q1 apa Gain Loss Mandatorily Redeemable Preferred Units
GainLossMandatorilyRedeemablePreferredUnits
4493000 usd
CY2023Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-102000 usd
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-110000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46464000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27917000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-129000 usd
CY2023Q1 apa Share Based Payment Arrangement Noncash Expense1
ShareBasedPaymentArrangementNoncashExpense1
17540000 usd
CY2022Q1 apa Share Based Payment Arrangement Noncash Expense1
ShareBasedPaymentArrangementNoncashExpense1
6132000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
363000 usd
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
676000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5008000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
67446000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2206000 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
456000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-3175000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6766000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-10679000 usd
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
73961000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1677000 usd
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
0 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
632000 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-230000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
119591000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
98393000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58862000 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29234000 usd
CY2023Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9755000 usd
CY2022Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
3559000 usd
CY2023Q1 apa Equity Method Investment Contributions
EquityMethodInvestmentContributions
58658000 usd
CY2022Q1 apa Equity Method Investment Contributions
EquityMethodInvestmentContributions
0 usd
CY2023Q1 apa Distributions From Equity Method Investment
DistributionsFromEquityMethodInvestment
5793000 usd
CY2022Q1 apa Distributions From Equity Method Investment
DistributionsFromEquityMethodInvestment
0 usd
CY2023Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
14000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
CY2023Q1 apa Net Cash Paid For Acquired In Acquisitions
NetCashPaidForAcquiredInAcquisitions
-125000000 usd
CY2022Q1 apa Net Cash Paid For Acquired In Acquisitions
NetCashPaidForAcquiredInAcquisitions
13401000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-246468000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19392000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2022Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
26382000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
267000000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
7000000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
125000000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2023Q1 apa Redemption Of Mandatorily Redeemable Preferred Units
RedemptionOfMandatorilyRedeemablePreferredUnits
0 usd
CY2022Q1 apa Redemption Of Mandatorily Redeemable Preferred Units
RedemptionOfMandatorilyRedeemablePreferredUnits
60702000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16927000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
CY2023Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
174000 usd
CY2022Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2432000 usd
CY2022Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
122467000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-80084000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4410000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1083000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6394000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18729000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1984000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17646000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
36745000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
25801000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
32715000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14340000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
87658000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
0 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
5000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1013745000 usd
CY2022Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-170060000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6132000 usd
CY2022Q1 apa Contingent Consideration Arrangements Change In Amount Of Contingent Consideration
ContingentConsiderationArrangementsChangeInAmountOfContingentConsideration
4450000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3865000 usd
CY2022Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-2336117000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-1137860000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-839775000 usd
CY2023Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-5634000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
87658000 usd
CY2023Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2432000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17540000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1436000 usd
CY2023Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
128211000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
34470000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-636198000 usd
CY2023Q1 apa Interest In Pipeline Entities
InterestInPipelineEntities
4 entity
CY2023Q1 us-gaap Inventory Net
InventoryNet
4200000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
4800000 usd
CY2023Q1 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
300000 usd
CY2022Q1 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
0 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
281040000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257249000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
27703000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
38970000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
44498000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
34631000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
35405000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
155888000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
337095000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
29300000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2059000 usd
CY2023Q1 apa Contract With Customer Liability Cash Received And Not Recognized As Revenue
ContractWithCustomerLiabilityCashReceivedAndNotRecognizedAsRevenue
669000 usd
CY2023Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27910000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5919000 usd
CY2023Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
21991000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
76200000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
17800000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1700000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
400000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
512451000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
474258000 usd
CY2023Q1 apa Property Plant And Equipment Gross Excluding Depreciable Assets
PropertyPlantAndEquipmentGrossExcludingDepreciableAssets
2507400000 usd
CY2022Q4 apa Property Plant And Equipment Gross Excluding Depreciable Assets
PropertyPlantAndEquipmentGrossExcludingDepreciableAssets
2443405000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2634173000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2535212000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
38400000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
30800000 usd
CY2022Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2023Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
5100000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
5100000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
600478000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
569981000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
676516000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
695389000 usd
CY2023Q1 apa Right Of Way Agreements Initial Term
RightOfWayAgreementsInitialTerm
P10Y
CY2023Q1 apa Right Of Way Agreements Renewal Period
RightOfWayAgreementsRenewalPeriod
P10Y
CY2023Q1 apa Right Of Way Agreements Percent Of Original Consideration Paid
RightOfWayAgreementsPercentOfOriginalConsiderationPaid
1.30
CY2023Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P7Y3M21D
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30500000 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30200000 usd
CY2023Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2022Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2412905000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2381340000 usd
CY2023Q1 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
359800000 usd
CY2022Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
363200000 usd
CY2023Q1 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
14700000 usd
CY2022Q4 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
13400000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2381340000 usd
CY2023Q1 apa Equity Method Investment Acquisitions
EquityMethodInvestmentAcquisitions
0 usd
CY2023Q1 apa Equity Method Investment Contribution
EquityMethodInvestmentContribution
57218000 usd
CY2023Q1 apa Proceeds From Equity Method Investment Distribution Including Return Of Capital
ProceedsFromEquityMethodInvestmentDistributionIncludingReturnOfCapital
73557000 usd
CY2023Q1 apa Equity Method Investments Capitalized Interest
EquityMethodInvestmentsCapitalizedInterest
1440000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46464000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2412905000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
3537000000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
3395000000 usd
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
25352000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
26490000 usd
CY2023Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
3511648000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
3368510000 usd
CY2023Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
2233000 usd
CY2022Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
104000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1521000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3389000 usd
CY2023Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
70020000 usd
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
23489000 usd
CY2023Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
69308000 usd
CY2022Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
26774000 usd
CY2023Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
25400000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
26500000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1500000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3400000 usd
CY2023Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3520000000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
3340000000 usd
CY2023Q1 apa Accrued Product Purchases Current
AccruedProductPurchasesCurrent
95922000 usd
CY2022Q4 apa Accrued Product Purchases Current
AccruedProductPurchasesCurrent
115773000 usd
CY2023Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
5785000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
19509000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3143000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3934000 usd
CY2023Q1 apa Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
15830000 usd
CY2022Q4 apa Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
3892000 usd
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
38774000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
24815000 usd
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16853000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5991000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
176307000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
173914000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
10800000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
9100000 usd
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
19000 usd
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
2600000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
10632000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
9154000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
63000 usd
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4490000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y11M8D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M25D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0889
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0758
CY2023Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
2910000000 usd
CY2023Q1 apa Notice Period To Redeem Warrants
NoticePeriodToRedeemWarrants
P30D
CY2023Q1 apa Class Of Warrant Or Right Threshold Trading Days
ClassOfWarrantOrRightThresholdTradingDays
P20D
CY2023Q1 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
3 agreement
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17500000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6100000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4715000 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22065000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
416000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
676000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0882
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0306
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1436000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3865000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
4156000 usd
CY2022Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 usd
CY2023Q1 apa Net Income Loss Available To Common Stockholders Vested Basic
NetIncomeLossAvailableToCommonStockholdersVestedBasic
-2720000 usd
CY2022Q1 apa Net Income Loss Available To Common Stockholders Vested Basic
NetIncomeLossAvailableToCommonStockholdersVestedBasic
3865000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47392000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37392000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
213000 shares
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
34000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47605000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37426000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2023Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-102000 usd
CY2022Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 usd
CY2023Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2023Q1 us-gaap Profit Loss
ProfitLoss
4299000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-69308000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
416000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
68854000 usd
CY2023Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1655000 usd
CY2023Q1 us-gaap Embedded Derivative Gain On Embedded Derivative
EmbeddedDerivativeGainOnEmbeddedDerivative
4987000 usd
CY2023Q1 apa Proportionate Emiebitda
ProportionateEMIEBITDA
71867000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17540000 usd
CY2023Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
925000 usd
CY2023Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
268000 usd
CY2023Q1 apa Other One Time Costs Or Amortization
OtherOneTimeCostsOrAmortization
3748000 usd
CY2023Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-44000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46464000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
187487000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
21389000 usd
CY2022Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-26645000 usd
CY2022Q1 apa Gain Loss On Preferred Units Redemption
GainLossOnPreferredUnitsRedemption
-4493000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
676000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
61023000 usd
CY2022Q1 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
448000 usd
CY2022Q1 apa Proportionate Emiebitda
ProportionateEMIEBITDA
40741000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6132000 usd
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-110000 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-129000 usd
CY2022Q1 us-gaap Embedded Derivative Loss On Embedded Derivative
EmbeddedDerivativeLossOnEmbeddedDerivative
2886000 usd
CY2022Q1 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
6151000 usd
CY2022Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5676000 usd
CY2022Q1 apa Other One Time Costs Or Amortization
OtherOneTimeCostsOrAmortization
1195000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27917000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
140791000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
281040000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
257249000 usd
CY2023Q1 us-gaap Assets
Assets
6124655000 usd
CY2022Q4 us-gaap Assets
Assets
5919711000 usd
CY2023Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2410000000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2380000000 usd

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