APA Corporation (NASDAQ: APA) is a Houston-based independent energy company and the parent of Apache Corporation, formed in 2021 through a holding company reorganization. The company explores for and produces crude oil, natural gas, and natural gas liquids, with core operations in the United States (notably the Permian Basin) and Egypt, and exploration interests offshore Suriname.
APA’s production of natural gas and NGLs—such as ethane, propane, and butane—provides key feedstocks for petrochemical and plastics manufacturing. The company’s drilling activity, reserves, and hydrocarbon marketing influence the availability and pricing of these inputs, affecting downstream chemical producers and related supply chains.
