
Houston, Texas-based APA Corporation (APA) operates as an independent energy company that explores, develops, and produces natural gas, crude oil, and natural gas liquids. With a market cap of $9.1 billion, APA’s oil and gas operations span the U.S., Egypt, North Sea, and Suriname.
Companies worth $2 billion or more are generally described as "mid-cap stocks," APA fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the oil and gas exploration and production industry.