How APA Corporation Pays
APA's T0 to T9 professional research tiers and M1 through CEO leadership layers, priced across 13 markets alongside restricted stock units, stock options and 0 to 200 percent performance awards, a $13.20M CEO package at 56:1, and a single 2025 H-1B filing at $112,500.
Band Hierarchy
APA states in its sustainability reporting that it has established pay bands for all positions rooted in labour-market data, and that annual compensation changes consider an employee's pay range, performance rating and location. It publishes none of the band names, grade codes, minima, midpoints or maxima. The T0 to T9 and M1 to M2 tiers below are a research taxonomy built from observed Apache Corporation title families, not an APA-authenticated grade map. Only the vice president, senior vice president, executive vice president, president, chief executive and non-employee director tiers are titles APA itself names.
Individual contributor ladder — research tiers T0 through T9
Management ladder — M1 supervisor through M2 director
Executive and board — VP through Board
Disclosed executive layer
Track divergence
Hierarchy qualifications and legacy structures
- APA Corporation is the Nasdaq-listed holding company created in 2021, and Apache Corporation is the subsidiary that employs the workforce. Third-party salary records filed under Apache are therefore the right records for APA employees.
- The 2024 Callon Petroleum acquisition changed leadership and organisation, but no public filing provides a harmonised pre-merger and post-merger grade map or any evidence of inherited Callon band codes.
- No peer-level crosswalk to Chevron, EOG, Occidental or Devon internal grades is possible, because none of those companies publishes a grade system either. Any such mapping would be speculation.
- The research tiers are strongest for the Houston corporate and subsurface title families that carry the largest Glassdoor samples, and weakest for field, offshore and international roles.
- The non-employee director row is a governance package, not an employment band, and is excluded from the range chart along with the senior vice president and named executive rows.
Peer-level mapping
| Band | Archetype | Peer mapping | Caveat |
|---|---|---|---|
| T0 | Intern | Chevron, EOG, Occidental and Devon intern programmes | No peer grade crosswalk exists because none of these companies publish internal grade systems.Glassdoor Apache Houston intern estimate, six submissions, annualized from the displayed low of $45,000 and high of $83,000. |
| T1 | Entry Professional | Entry professional roles at independent exploration and production peers | APA does not publish band codes, experience ranges or a title-to-grade map, so this tier is analytical.Glassdoor Apache Houston Accountant I estimate, eight submissions, $61,000 to $81,000 with a $71,000 midpoint. |
| T2 | Professional | Professional corporate roles at independent exploration and production peers | APA does not publish band codes, experience ranges or a title-to-grade map, so this tier is analytical.Glassdoor Apache Houston Accountant estimate, fourteen submissions, $78,000 to $124,000 with a $101,000 midpoint. |
| T3 | Analyst | Analyst roles at independent exploration and production peers | APA does not publish band codes, experience ranges or a title-to-grade map, so this tier is analytical.Glassdoor Apache Houston Analyst estimate, twelve submissions, $90,000 to $146,000 with a $118,000 midpoint. |
| T4 | Senior Professional | Senior professional corporate roles at exploration and production peers | APA does not publish band codes, experience ranges or a title-to-grade map, so this tier is analytical.Glassdoor Apache Houston Senior Accountant estimate, six submissions, $103,000 to $147,000 with a $125,000 midpoint. |
| T5 | Engineer / Geoscientist | Technical engineering roles at independent exploration and production peers | The Glassdoor Engineer page mixes discipline and seniority, so this row is broader than a single internal band.Glassdoor Apache Houston Engineer estimate, eleven submissions, $125,000 to $198,000 with a $161,500 midpoint. |
| T6 | Geologist / Subsurface Specialist | Subsurface specialist roles at independent exploration and production peers | APA does not publish band codes, experience ranges or a title-to-grade map, so this tier is analytical.Glassdoor Apache Houston Geologist estimate, twelve submissions, $142,000 to $241,000 with a $191,500 midpoint. |
| T7 | Drilling Engineer | Well construction roles at independent exploration and production peers | Well-delivery roles price above general engineering in the same dataset because of rig-schedule demands.Glassdoor Apache Houston Drilling Engineer estimate, twelve submissions, $155,000 to $260,000 with a $207,500 midpoint. |
| T8 | Reservoir Engineer | Reservoir engineering roles at independent exploration and production peers | The Apache Houston role page reports a $208,000 total median while the broader title table shows a $223,500 midpoint; this row uses the role page because it splits base, bonus and stock.Glassdoor Apache Reservoir Engineer Houston role page, seventeen submissions: $151,000 base median, $27,000 bonus median and $30,000 stock median. |
| T9 | Advisor / Principal | Technical authority roles at independent exploration and production peers | No Houston observation exists for this tier. The only public principal-level record is a single low-confidence Aberdeen Principal Subsea Engineer submission at roughly £164,000 to £192,000 total pay, so the anchor row is modeled. |
| M1 | Supervisor / Manager | Front-line management at independent exploration and production peers | APA discloses no manager pay range and no manager bonus target, so this row bridges the senior individual contributor observations and the director tier. |
| M2 | Director | Director layer at independent exploration and production peers | This is an employee director tier and must not be confused with the non-employee board directors, whose pay is a separate governance package. |
| VP | Vice President | Vice president layer at independent exploration and production peers | APA publishes no vice president compensation table. The only hard signal is the stock ownership requirement of two times base salary, so this row is modeled between the director tier and the named executives. |
| SVP | Senior Vice President | Senior vice president layer at independent exploration and production peers | None of APA's senior vice presidents qualified as named executives for 2025, so no compensation table exists. The stock ownership requirement of two and a half times base salary is the only disclosed anchor. |
| EVP | Executive Vice President | Named executive officers at EOG, Occidental, Devon and Diamondback | An average of the three serving named executive vice presidents for 2025. Warnica's $500,000 sign-on bonus is inside the cash figure, so the average overstates a steady-state EVP package.Average of Ben Rodgers, Tracey Henderson and Kimberly Warnica in the 2026 proxy Summary Compensation Table. |
| Pres | President | President or chief operating officer layer at large independent producers | 2025 Summary Compensation Table value at grant-date accounting value for equity, not cash received.2026 proxy Summary Compensation Table; the cash figure combines the $2,049,840 non-equity incentive with the $110,160 discretionary amount reported in the bonus column. |
| CEO | Chief Executive Officer | EOG, Occidental, Devon and Diamondback chief executives | Grant-date accounting value for equity, which is not realized pay. The 2025 long-term incentive target was $9.49 million against $7.92 million of reported stock and option awards.2026 proxy Summary Compensation Table: $1,300,000 salary, $3,454,360 non-equity incentive, $6,018,436 stock awards, $1,897,996 option awards and $531,725 of all other compensation. |
| Board | Non-employee Director | Large-cap United States energy boards | A governance package rather than an employment band. The non-executive chair receives an additional $100,000 of cash and $100,000 of restricted stock units on top of these amounts.2026 proxy director compensation policy: a $100,000 annual cash retainer and a $200,000 annual restricted stock unit grant, with no meeting attendance fees. |
Critical evidence warning
APA Corporation publishes no band identifiers, no salary minima, midpoints or maxima, no experience ranges by band, no target bonus percentages below the executive layer and no equity grant matrix. Every non-executive figure in this report is a third-party employee-submitted observation or a calibrated model around one, and should be used for orientation rather than quoted as an APA pay band.
Compensation by Band — Houston
Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Houston. Total equals base plus bonus plus annualized equity.
| Band | Title | Base | Variable | Total TC | Equity |
|---|---|---|---|---|---|
| T0 | Intern Not publicly disclosed · reported | $54K – $74K | — | $64K $54K – $74K | — |
| T1 | Entry Professional Not publicly disclosed · reported | $53K – $71K | 8% | $71K $60K – $82K | $4K |
| T2 | Professional Not publicly disclosed · reported | $72K – $98K | 11% | $101K $86K – $116K | $7K |
| T3 | Analyst Not publicly disclosed · reported | $82K – $112K | 12% | $118K $100K – $136K | $9K |
| T4 | Senior Professional Not publicly disclosed · reported | $86K – $116K | 13% | $125K $106K – $144K | $11K |
| T5 | Engineer / Geoscientist Not publicly disclosed · reported | $108K – $146K | 15% | $162K $137K – $186K | $16K |
| T6 | Geologist / Subsurface Specialist Not publicly disclosed · reported | $125K – $169K | 16% | $192K $163K – $220K | $21K |
| T7 | Drilling Engineer Not publicly disclosed · reported | $133K – $179K | 17% | $208K $176K – $239K | $25K |
| T8 | Reservoir Engineer Not publicly disclosed · reported | $128K – $174K | 18% | $208K $177K – $239K | $30K |
| T9 | Advisor / Principal Not publicly disclosed · modeled | $157K – $213K | 18% | $255K $217K – $293K | $37K |
| M1 | Supervisor / Manager Not publicly disclosed · modeled | $149K – $201K | 20% | $245K $208K – $282K | $35K |
| M2 | Director Not publicly disclosed · modeled | $200K – $270K | 25% | $360K $306K – $414K | $66K |
| VP | Vice President Not publicly disclosed · modeled | $255K – $345K | 60% | $700K $595K – $805K | $220K |
| SVP | Senior Vice President Not publicly disclosed · modeled | $340K – $460K | 75% | $1.30M $1.10M – $1.50M | $600K |
| EVP | Executive Vice President Not publicly disclosed · verified | $513K – $695K | 100% | $3.68M $3.13M – $4.23M | $1.62M |
| Pres | President Not publicly disclosed · verified | $765K – $1.03M | 120% | $7.91M $6.72M – $9.09M | $4.50M |
| CEO | Chief Executive Officer Not publicly disclosed · verified | $1.10M – $1.50M | 140% | $13.20M $11.22M – $15.18M | $7.92M |
| Board | Non-employee Director Senior executive or board background · verified | $85K – $115K | — | $300K $255K – $345K | $200K |
Total Compensation Range by Band
Total compensation in Houston across the employee bands. Proxy-disclosed executive cohorts are excluded so the employee bands stay readable.
Global Footprint & Pay Arbitrage
APA reported 1,791 full-time equivalents at 31 December 2025, down 22.3 percent from 2,305 a year earlier, concentrated in the United States, the United Kingdom and Egypt. Houston is the pay anchor and the only market with a substantial public salary sample. Aberdeen has a sparse but employer-specific sample, Cairo has none, and the India, Australia, New Zealand and Singapore records are retained as explicit research gaps rather than as verified APA offices.
Office and market catalogue — calibration factors versus Houston
| Location | Likely office profile | Presence | Base | TC |
|---|---|---|---|---|
Houston United States · USD | Headquarters, corporate functions, subsurface, engineering and executive centre | Year-end 2025 office named in the Form 10-K | 1.00× | 1.00× |
Midland United States · USD | Permian Basin operations, drilling, completions and field support | Year-end 2025 office named in the Form 10-K | 0.92× | 0.88× |
San Antonio United States · USD | Historical technical and specialist worksite in the visa record | Four historical certified labour condition applications, no current office listed | 0.82× | 0.80× |
Tulsa United States · USD | Requested comparison market with no verified APA employee population | Not listed as a year-end 2025 office; retained as an explicit research gap | 0.85× | 0.82× |
Anchorage United States · USD | Alaska exploration interest with no reported employee office | Exploration interest disclosed in the Form 10-K, no year-end office | 1.00× | 0.95× |
Aberdeen United Kingdom · GBP | North Sea operations, offshore technical, safety, supply chain and support roles | Year-end 2025 office named in the Form 10-K | 0.88× | 0.94× |
Cairo Egypt · EGP | Egypt concession operations, subsurface, drilling and country support functions | Year-end 2025 office named in the Form 10-K | 0.28× | 0.24× |
Paramaribo Suriname · USD | Suriname Block 58 development, exploration and appraisal project exposure | Active project area with zero direct full-time equivalents reported for 2025 | 0.85× | 0.80× |
France (city not disclosed) France · EUR | Two reported full-time equivalents supporting European corporate activity | Country full-time equivalents disclosed, city not named in the Form 10-K | 0.62× | 0.55× |
Bangalore India · INR | Requested comparison market with no verified APA employee population | No India employee presence reported in the 2025 Form 10-K | 0.18× | 0.15× |
Sydney Australia · AUD | Requested comparison market; APA Corporation is unrelated to APA Group on the ASX | No Australia employee presence reported in the 2025 Form 10-K | 0.78× | 0.72× |
Auckland New Zealand · NZD | Requested comparison market with no verified APA employee population | No New Zealand employee presence reported in the 2025 Form 10-K | 0.62× | 0.57× |
Singapore Singapore · SGD | Requested comparison market with no verified APA employee population | No Singapore employee presence reported in the 2025 Form 10-K | 0.70× | 0.65× |
APA's 2025 Form 10-K names Houston, Midland, Cairo and Aberdeen as its year-end offices and reports full-time equivalents by country rather than by city, so this catalogue cannot rank offices by headcount. Tulsa, which appeared in the original research brief, is not a listed year-end office and is retained here only as a comparison market.
Houston anchor medians — the basis of every modeled cell
| Band | Base | Stock | Bonus | Other | Total |
|---|---|---|---|---|---|
| T0 | $64K | $0 | $0 | — | $64K |
| T1 | $62K | $4K | $5K | — | $71K |
| T2 | $85K | $7K | $9K | — | $101K |
| T3 | $97K | $9K | $12K | — | $118K |
| T4 | $101K | $11K | $13K | — | $125K |
| T5 | $127K | $16K | $19K | — | $162K |
| T6 | $147K | $21K | $24K | — | $192K |
| T7 | $156K | $25K | $27K | — | $208K |
| T8 | $151K | $30K | $27K | — | $208K |
| EVP | $604K | $1.62M | $1.30M | $160K | $3.68M |
| Pres | $900K | $4.50M | $2.16M | $340K | $7.91M |
| CEO | $1.30M | $7.92M | $3.45M | $532K | $13.20M |
| Board | $100K | $200K | $0 | — | $300K |
- The Houston column is the anchor. T0 through T8 come from Glassdoor Apache Houston title estimates with samples of six to fourteen submissions each; T9, M1, M2, VP and SVP are modeled because no Houston observation exists for those tiers.
- The Reservoir Engineer role page is the single most useful record in the whole dataset because it splits a $208,000 total median into a $151,000 base median, a $27,000 bonus median and a $30,000 stock median. That 73 / 13 / 14 split is what sets the base, bonus and equity mix used across the technical tiers.
- Aberdeen is calibrated from ten employer-specific Glassdoor North Sea titles whose midpoints average about $132,000 against a Houston title average of about $140,000. The sample skews towards senior offshore technical roles, so the total factor of 0.94 is flattering to junior Aberdeen roles.
- San Antonio is calibrated from the visa record rather than salary records: four historical certified applications average $103,750 against $126,805 for the four Houston applications, a ratio of 0.82.
- Cairo, Paramaribo, France and the four unverified comparison markets carry no company-specific salary evidence at all. Their factors are planning envelopes only and are recorded in the known gaps rather than presented as observations.
- The executive vice president, president and chief executive rows are proxy disclosures converted for comparison. They are global executive values, not a local pay range in any selected city.
Model rules
- Every modeled cell is the Houston observation multiplied by the city base or total factor and then by the 25 August 2026 foreign-exchange snapshot.
- A total compensation cell is base plus target bonus plus annualized equity. Sign-on payments, relocation, offshore allowances and one-time retention awards are excluded.
- Base and total carry separate factors because equity and bonus travel differently across borders; the United Kingdom, Egypt and the unverified markets all sit lower on total than on base.
- No level-dependent compression factors are applied, because the bundle contains no evidence that any APA market compresses differently at junior and senior tiers.
- Where no direct city observation exists, the cell is marked modeled and should be treated as a planning envelope rather than a benchmark.
Variable Pay & Annual Cash Incentive
APA discloses its executive annual incentive design in unusual detail and discloses nothing about the employee bonus grid. The scorecard weightings, corporate result and individual factors below are company disclosures. The tier targets are modeled from bonus components observed in public salary submissions and are not APA policy.
| Band | Target | Mechanism | Recent payout |
|---|---|---|---|
T0 Intern | None observed | Interns are paid a fixed programme rate with no observed incentive component. | Not publicly disclosed |
T1 Entry Professional | 8% of base | Annual cash incentive on company, team and individual performance. | Not publicly disclosed |
T2 Professional | 11% of base | Annual cash incentive on company, team and individual performance. | Not publicly disclosed |
T3 Analyst | 12% of base | Annual cash incentive on company, team and individual performance. | Not publicly disclosed |
T4 Senior Professional | 13% of base | Annual cash incentive on company, team and individual performance. | Not publicly disclosed |
T5 Engineer / Geoscientist | 15% of base | Annual cash incentive with operational metrics such as lifting and workover costs in the line of sight. | Not publicly disclosed |
T6 Geologist / Subsurface Specialist | 16% of base | Annual cash incentive with net production and exploration outcomes in the line of sight. | Not publicly disclosed |
T7 Drilling Engineer | 17% of base | Annual cash incentive with development capital expenditure and well-cost metrics in the line of sight. | Not publicly disclosed |
T8 Reservoir Engineer | 18% of base | Annual cash incentive; the Houston role page shows a $27,000 bonus median against a $151,000 base median. | Not publicly disclosed |
T9 Advisor / Principal | 18% of base | Annual cash incentive weighted towards asset and technical outcomes. | Not publicly disclosed |
M1 Supervisor / Manager | 20% of base | Annual cash incentive with a team delivery and safety component. | Not publicly disclosed |
M2 Director | 25% of base | Annual cash incentive weighted towards asset or function results. | Not publicly disclosed |
VP Vice President | 60% of base | Executive-style plan on the corporate scorecard plus an individual factor. | Not publicly disclosed |
SVP Senior Vice President | 75% of base | Executive-style plan on the corporate scorecard plus an individual factor. | Not publicly disclosed |
EVP Executive Vice President | 100% of base | Annual cash incentive on the corporate scorecard, adjusted by an individual performance factor of 0 to 200 percent. | 189.8% of target, or 200% for Rodgers after a 105.4% individual factor |
Pres President | 120% of base | Annual cash incentive on the corporate scorecard, adjusted by an individual performance factor of 0 to 200 percent. | 200% of target after a 105.4% individual factor |
CEO Chief Executive Officer | 140% of base | Annual cash incentive on the corporate scorecard, adjusted by an individual performance factor of 0 to 200 percent. | 189.8% of target with a 100% individual factor |
Executive incentive targets — percent of salary
Named-executive outcomes
| Executive | Target | Paid | Attainment |
|---|---|---|---|
| John J. Christmann IV | $1,820,000 | $3,454,360 | 189.8% of target |
| Stephen J. Riney | $1,080,000 | $2,160,000 | 200.0% of target |
| Ben C. Rodgers | $528,171 | $1,056,341 | 200.0% of target |
| Tracey K. Henderson | $625,000 | $1,186,250 | 189.8% of target |
| Kimberly O. Warnica | $606,859 | $1,151,818 | 189.8% of target |
Employee payout timing and history
APA publishes no target bonus percentage by employee band and no companywide payout history. The 189.8 percent corporate result applies to the executive plan and must not be read as a companywide multiplier. The tier targets shown above are modeled from bonus components observed in public Apache Houston salary submissions, with the Reservoir Engineer role page the only row backed by a direct observation.
Sales and special incentives
APA is an exploration and production company with no consumer or enterprise sales force, so there is no quota, commission or accelerator structure to describe. Marketing and midstream commercial roles are not separately disclosed and carry the same modeled targets as their tier peers, which may understate commercially incentivised positions.
Equity — RSUs, PSUs, Options & ESPP
The 2026 proxy states that essentially all APA employees participate in equity-based compensation programmes regardless of business unit, which is a materially broader statement than most large employers make. What it does not do is disclose grant values, share counts or frequency for anyone below the named executive layer, so broad eligibility coexists with complete opacity on sizing. APA runs no employee stock purchase plan in any reviewed source.
- The 2016 Plan uses fungible pool accounting: an option or stock appreciation right consumes 1.0 pool share per share awarded, while a full-value award such as a restricted stock unit or performance award consumes 2.39 pool shares. A simple granted-over-authorised utilisation percentage is therefore meaningless for this plan.
- Total remaining capacity across approved and non-approved plans was 5,722,675 shares at 31 December 2025, before the May 2026 amendment added 24,160,000 shares and extended the plan term to 21 May 2036.
- The precise ungranted balance after the May 2026 amendment is not publicly disclosed, because grants, forfeitures and recycling continued after the measurement dates.
- The reintroduction of stock options into the 2025 executive mix changes the pool arithmetic as well as the pay design, because options consume pool capacity at less than half the rate of a full-value award.
Equity plan capacity and grant design
Vesting — common reported employee schedule
Time-based restricted stock units generally vest ratably over three years and options generally become exercisable ratably over three years. Performance awards work differently: the 2025 cycle covers 2025 to 2027, is weighted 60 percent relative total shareholder return and 40 percent cash return on invested capital, pays between 0 and 200 percent of target, and settles half after the three-year period with the remaining half a further year later. The 2023 cycle was earned at 120 percent of target, with half vesting in 2026 and the balance scheduled for 2027. Director restricted stock units vest at grant but are mandatorily deferred until board service ends.
Eligibility by hierarchy level
- The 2026 proxy states that essentially all employees participate in equity-based compensation programmes regardless of business unit. That is the single strongest equity-eligibility statement in this report and it is a genuine differentiator against employers where stock begins only at senior grades.
- Broad eligibility does not mean transparent sizing. Grant values, share counts, refresh cadence and the mix of restricted stock units against performance awards below the named executive layer are all not publicly disclosed, so no employee grant matrix can be constructed.
- The corroborating employee-level evidence is the Glassdoor Apache Reservoir Engineer Houston role page, which reports a $30,000 stock median inside a $208,000 total median. That confirms stock reaches ordinary technical staff even though the grant rule is unpublished.
- The stock ownership requirements are the clearest published hierarchy signal in the whole equity programme: two times base salary at vice president, two and a half at senior vice president, three at executive vice president, four at president and ten at chief executive. Officers must also retain at least 15 percent after tax of shares acquired on restricted stock unit and performance award settlement.
- APA operates no employee stock purchase plan in any reviewed source, so the discounted-purchase mechanism common at technology employers has no equivalent here. The retirement plans carry that role instead.
Indicative annual grant value by band — Houston
| Band | Annual value (USD) | Median | Shares at $42.96 |
|---|---|---|---|
| T1 | $3K – $5K | $4K | ~70–116 |
| T2 | $5K – $9K | $7K | ~122–204 |
| T3 | $7K – $11K | $9K | ~157–262 |
| T4 | $8K – $14K | $11K | ~192–320 |
| T5 | $12K – $19K | $16K | ~271–451 |
| T6 | $15K – $26K | $21K | ~358–596 |
| T7 | $18K – $31K | $25K | ~428–713 |
| T8 | $23K – $38K | $30K | ~524–873 |
| T9 | $28K – $46K | $37K | ~646–1,077 |
| M1 | $26K – $44K | $35K | ~611–1,018 |
| M2 | $50K – $83K | $66K | ~1,152–1,920 |
| VP | $165K – $275K | $220K | ~3,841–6,401 |
| SVP | $450K – $750K | $600K | ~10,475–17,458 |
| EVP | $1.22M – $2.03M | $1.62M | ~28,288–47,146 |
| Pres | $3.38M – $5.63M | $4.50M | ~78,642–131,069 |
| CEO | $5.94M – $9.90M | $7.92M | ~138,206–230,343 |
| Board | $150K – $250K | $200K | ~3,492–5,819 |
Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $42.96 reference price at 24 August 2026 completed-session close and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.
Named executive target equity
| Executive | Target | Units / structure |
|---|---|---|
John J. Christmann IV Chief Executive Officer | $9.49M 2025 target long-term incentive | 60 percent performance awards, 20 percent stock options and 20 percent time-based restricted stock units. The 6 January 2026 grant was 79,480 restricted stock units vesting on 1 February 2027, 6 January 2028 and 6 January 2029, plus 194,666 options at a $23.88 exercise price expiring 6 January 2036. |
Stephen J. Riney President | $5.40M 2025 target long-term incentive | The same 60 / 20 / 20 mix. Reported 2025 stock awards were $3,424,602 and option awards $1,079,994 at grant-date value. |
Ben C. Rodgers Executive Vice President and Chief Financial Officer | $1.50M 2025 target long-term incentive | Granted before his promotion to Chief Financial Officer, so the target understates the steady-state package for the role. Reported 2025 stock awards were $951,232 and option awards $299,993. |
Tracey K. Henderson Executive Vice President, Exploration | $2.1875M 2025 target long-term incentive | The same 60 / 20 / 20 mix, delivering $1,387,251 of stock awards and $437,498 of option awards at grant-date value. |
Kimberly O. Warnica Executive Vice President, Chief Legal Officer and Corporate Secretary | $2.1875M 2025 target long-term incentive | Matches Henderson at $1,347,454 of stock awards and $437,498 of option awards, alongside a separate $500,000 sign-on bonus subject to clawback conditions. |
Executive Compensation
2025 Summary Compensation Table values from the 2026 proxy statement filed on 9 April 2026. Equity figures are grant-date accounting values rather than cash received, and the 2025 cash incentive column reflects an unusually strong corporate scorecard result of 189.8 percent of target.
Reading the package
Salary was about 9.8 percent of the chief executive's 2025 reported total, the cash incentive about 26.2 percent and equity about 60.0 percent. That is a far more cash-weighted profile than a technology chief executive, but the equity half is heavily conditioned: 60 percent of the target long-term incentive is performance awards that pay between 0 and 200 percent on relative total shareholder return and cash return on invested capital, and a further 20 percent is options that are worthless without share-price appreciation.
APA's chief executive sits fourth of five in this comparison set, above Devon and below Occidental, EOG and Diamondback. Raw Summary Compensation Table totals are not perfectly comparable across these companies because grant timing, performance-award valuation methodology and chief executive transition years differ, and none of them equals realized pay. The gap to Occidental and EOG is roughly 33 to 37 percent on a company that is far smaller by headcount.
Named Executive Officers & Board
The leadership team is stable at the top and has been reshaped below it. John J. Christmann IV remains Chief Executive Officer and Stephen J. Riney remains President. Ben C. Rodgers moved into the Chief Financial Officer role during the period covered by the 2025 disclosures, which is why his long-term incentive target of $1.5 million reflects a pre-promotion grant. D. Clay Bretches departed as Executive Vice President, Operations, with $1,577,532 of all other compensation reflecting separation arrangements.
Two figures in the Summary Compensation Table need reading carefully. Kimberly Warnica's cash column includes a $500,000 sign-on bonus subject to clawback conditions on top of her $1,151,818 annual incentive, so her total is not a steady-state Chief Legal Officer package. Stephen Riney and Ben Rodgers each received a discretionary amount in the bonus column, $110,160 and $53,873 respectively, that lifted their formula-determined incentive from the 189.8 percent corporate result to the 200 percent individual cap. Named executive salaries were held flat for the 2025 cycle, so the entire increase in reported pay came from the incentive result and the redesigned long-term incentive mix.
Board compensation framework
| Element | Amount | Notes |
|---|---|---|
| Annual cash retainer | $100,000 | Paid to each non-employee director, with no separate meeting attendance fees. |
| Non-executive chair additional cash | $100,000 | Paid to Lamar McKay on top of the standard cash retainer. |
| Audit and MD&C committee chairs | $20,000 each | The largest committee chair retainers, reflecting the workload. |
| CRG&N and Cybersecurity committee chairs | $15,000 each | Paid in addition to the base cash retainer. |
| Audit committee non-chair member | $5,000 | The only member-level committee retainer disclosed. |
| Annual restricted stock unit grant | $200,000 | Delivered quarterly, vesting at grant but mandatorily deferred until board service ends. |
| Non-executive chair additional grant | $100,000 | Brings the chair's annual equity to $300,000 on the same deferral terms. |
A standard non-employee director therefore receives about $300,000 a year, $100,000 in cash and $200,000 in deferred restricted stock units, before any committee chair retainer. The non-executive chair receives about $500,000. Because director units vest at grant and are then deferred for the whole of board service, directors accumulate a share position they cannot monetise until they leave, which is a stronger alignment mechanism than a conventional vesting schedule.
Regional heads and other officers
Mark D. Maddox as Executive Vice President, Administration, the four senior vice presidents and the six vice presidents named on the leadership page did not qualify as named executives for 2025, so no compensation table exists for any of them. Maddox is the only one visible in the transaction record, through his 6 January 2026 grant of 18,320 restricted stock units and 44,871 options. For the rest, the stock ownership requirements are the only quantified obligation in the public record.
Insider Trades — SEC Forms 3/4/5
APA is Nasdaq-listed, so the governing record is SEC Forms 3, 4 and 5 rather than any Indian exchange filing, and the SEBI and SAST promoter-group framework does not apply. The sampled activity below is compensation grants rather than open-market trading. Share values use the $42.96 completed-session close of 24 August 2026 purely as an illustrative reference, not as a grant-date fair value.
| Date | Person | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-01-06 | John J. Christmann IV Chief Executive Officer | Award Restricted stock unit grant vesting in three instalments on 1 February 2027, 6 January 2028 and 6 January 2029. | 79,480 | — | $3.41M |
| 2026-01-06 | John J. Christmann IV Chief Executive Officer | Award Stock option grant with a ten-year term expiring 6 January 2036, becoming exercisable ratably over three years from 6 January 2027. The value shown is illustrative intrinsic value at the reference price, not grant-date fair value. | 194,666 | $23.88 | $3.71M |
| 2026-01-06 | Mark D. Maddox Executive Vice President, Administration | Award Restricted stock unit grant on the same date and mechanics as the chief executive award. | 18,320 | — | $787K |
| 2026-01-06 | Mark D. Maddox Executive Vice President, Administration | Award Stock option grant with a ten-year term and ratable three-year exercisability. The value shown is illustrative intrinsic value at the reference price. | 44,871 | $23.88 | $856K |
Reading guide
Benefits & Perks
APA's benefit disclosure is strong for the United States, where the proxy and sustainability reporting quantify the retirement package precisely, and thin everywhere else. The rows below are recorded only where a named source supports them; the United Kingdom and Egypt entries deliberately record what is missing rather than importing generic market practice.
United States
- Retirement — 401(k) Savings Plan with a company match on the first 8 percent. The match applies to base pay and incentive bonus. This is one of the highest match ceilings disclosed by any large United States employer in this report series. [official]
- Retirement — Money Purchase Retirement Plan at a 6 percent company contribution. An annual employer contribution paid regardless of employee deferral, stacking on top of the 401(k) match for up to 14 percent of eligible pay. APA operates no defined benefit pension for United States employees. [official]
- Medical — Medical, dental, pharmacy and vision cover. Described in the 2026 proxy as standard employee benefits. The carrier, plan tiers and the employee premium split are not published. [official]
- Protection — Group term life at two times base salary. Standard disability cover applies alongside it, with an enhanced long-term disability arrangement disclosed separately for officers. [official]
- Leave — Paid parental, elder-care and bereavement leave. Company holidays, flexible holidays and vacation are described in the proxy and careers material, but the current day counts are not disclosed. [official]
- Family — Fertility, adoption and surrogacy support with backup care. Described in the 2024 People Fact Sheet, which is dated programme evidence; the current reimbursement limits are not published. [reported]
- Giving — Workplace giving matched dollar for dollar up to $10,000 a year. Applied to qualified nonprofit contributions, with the $10,000 per-person ceiling stated for 2025. [official]
- Wellbeing — On-site fitness facilities and flexible hours. Fitness facilities are provided at several office locations and the careers page states flexible-hour options. [official]
Global programs
- Equity — Essentially all employees participate in equity-based compensation. Stated in the 2026 proxy statement regardless of business unit. Grant values, share counts and cadence below the named executive layer are not disclosed. [official]
- Pay equity — Annual wage-gap analysis with biennial third-party validation. APA states that it runs a pay-gap analysis as part of annual compensation planning, that a third-party consultant reviews and validates the fair-pay analysis every two years, and that it corrects unexplained differences. [official]
- Pay structure — Established pay bands for all positions. Rooted in labour-market data, with annual pay-change guidelines considering the employee's position in range, performance rating and location. None of the band values is published. [official]
- Development — Own and grow your career development philosophy. APA describes support for both vertical and lateral moves and states that compensation decision-makers are trained on performance feedback and objective rating decisions. [official]
- Employment — Apache Corporation is the employing entity. Whether a team member supports APA Corporation or a subsidiary, employment sits with Apache Corporation, which is why third-party salary records filed under Apache are the correct records. [official]
Benefit fields not publicly quantified
Employee premium contributions, plan tiers, carrier names and eligibility waiting periods are not published in any market. Outside the United States the picture is thinner still: no United Kingdom pension rate, private medical provider, annual-leave allowance or offshore allowance matrix was verified, and no Egypt medical, leave or allowance schedule was located at all. These are recorded as not publicly disclosed rather than filled in with market practice.
Performance Review & Pay Progression
APA discloses the architecture of its performance and pay process without disclosing any of its outputs. It confirms that pay bands exist for all positions, that annual compensation-change guidance uses pay range, performance rating and location, that objective metrics are linked to compensation, and that decision-makers are trained on feedback and objective rating decisions. It publishes no rating scale, no distribution and no increase percentages.
Not publicly disclosed
Modeled promotion planning timeline
| Band | Years to next scope | Promotion hike | Status |
|---|---|---|---|
| T0 | Conversion offer at the end of the programme | Not disclosed | Modeled planning interval |
| T1 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T2 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T3 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T4 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T5 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T6 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T7 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T8 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| T9 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| M1 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| M2 | Not publicly disclosed | Not disclosed | Modeled planning interval |
| VP | Not publicly disclosed | Not disclosed | Modeled planning interval |
| SVP | Not publicly disclosed | Not disclosed | Modeled planning interval |
| EVP | Committee appointment | Not disclosed | Modeled planning interval |
| Pres | Board appointment | Not disclosed | Modeled planning interval |
| CEO | Board appointment | Not disclosed | Modeled planning interval |
| Board | Annual re-election | Not disclosed | Modeled planning interval |
The one part of the cycle with real visibility is the executive equity calendar: the 2026 grants for the chief executive and Mark Maddox were both dated 6 January 2026, suggesting an early-January annual grant date for officers. Nothing equivalent is published for the general employee population, and no companywide salary hike percentage for 2025 or 2026 was found in any reviewed source.
Pay progression evidence
Modeled progression, not APA policy. The observed Houston steps imply roughly 42 percent from the entry professional tier to the professional tier, 17 percent from professional to analyst, 6 percent from analyst to senior professional, 29 percent from senior professional to the engineering tier, 19 percent from engineering to the subsurface specialist tier and 8 percent from there to the well-delivery tiers. These are gaps between different title families in a snapshot rather than promotion increases for an individual, and APA discloses neither time in band nor promotion increase percentages, so they should be read as market structure and not as a career timetable.
H-1B / LCA Visa Footprint — United States
APA is a very light H-1B sponsor. The entire public record for Apache Corporation across nine years is a handful of certified labour condition applications, with a single filing in 2025 and no reported FY2026 petition activity. Everything below is therefore a small-sample record rather than a wage distribution, and labour condition application wages are proffered base salary only.
Dataset summary
| Dataset | Result | Interpretation |
|---|---|---|
| Ellis visa-sponsor profile | 8 listed labour condition applications from 2017 to 2025 at a $116,250 median | The source of the year-by-year certification history and the full salary ledger used below. |
| MyVisaJobs employer overview | $112,500 average proffered salary for 2025 and no FY2026 activity | Updated 19 May 2026. It also displays Houston petition decisions since 2017 with approvals and no denials in the shown sample. |
City-level H-1B wage history
| City | P25 | Median | P75 | Records |
|---|---|---|---|---|
Houston, Texas Four historical certified applications in 2017, 2019, 2023 and 2025. Quantiles are researcher-derived by linear interpolation across those four salary points, not a published Department of Labor distribution. | $109K | $123,750 | $141K | 4 |
San Antonio, Texas Four historical applications in 2018 and 2019, one of which was later certified-withdrawn. Quantiles use the same linear interpolation method and the same caveats apply. | $91K | $110,000 | $123K | 4 |
All-years aggregates. P25/P75 are rounded reconstruction values marked modeled; medians and record counts are the stronger fields.
Selected title / worksite records
| Title | Worksite | Proffered wage | Notes |
|---|---|---|---|
| Network Administration Analyst II | Houston, Texas | $112,500 certified 16 June 2025 | The only 2025 filing and the basis for the reported 2025 average proffered salary. |
| SQL Server Administrator | Houston, Texas | $135,000 certified 3 August 2023 | The only filing between 2019 and 2025, showing how sporadic the sponsorship is. |
| Production Engineer Senior | Houston, Texas | $159,720 certified 6 September 2017 | The highest wage in the ledger and the only senior technical role in it. |
| Flow Assurance Engineer | San Antonio, Texas | $120,000 certified 12 March 2019 | Filed alongside an Energy Fundamentals Research Analyst in Houston at $100,000 in the same month. |
| Production Systems Specialist | San Antonio, Texas | $130,000 certified 15 May 2018 | The largest of the three 2018 San Antonio filings, which also included a Chemist Sr. at $100,000. |
| Data Services Tech | San Antonio, Texas | $65,000 certified then withdrawn, 15 March 2018 | The lowest wage in the ledger and the only certified-withdrawn record, which is why the raw count overstates hiring. |
Reading the data correctly
- With one filing in 2025 and eight across nine years, these figures cannot support a percentile analysis in any statistical sense. They are reproduced because they are the only government-derived wage records that exist for this employer.
- Labour condition application wages are proffered base salary. They exclude the annual incentive and the equity component, which together are roughly a quarter of an observed Houston technical package.
- City percentiles here are derived by linear interpolation across four salary points spanning eight years and are not adjusted for wage inflation over that period. They are analytical estimates, not a published distribution.
- A labour condition application is a filing, not a hire. Certification by the Department of Labor is not the same as approval of a petition by United States Citizenship and Immigration Services.
- The San Antonio records date from 2018 and 2019 and APA lists no San Antonio office at year-end 2025, so that row describes a historical worksite rather than a current one.
Key Nuances & Insights
APA Corporation became the listed holding company in 2021 and Apache Corporation remained the subsidiary that employs the workforce. Salary records, visa filings and review sites all sit under Apache, so a name mismatch is evidence of the corporate structure rather than a reason to discard the data.
The 2026 proxy states that essentially all employees participate in equity-based compensation regardless of business unit. That is a materially stronger statement than most employers make and it is corroborated at employee level by a $30,000 stock median on the Houston Reservoir Engineer role page.
Nothing in any filing states what an ordinary employee's grant is worth, how often it is refreshed, or whether it is restricted stock units, performance awards or both. Any grant matrix below the named executive layer would be invented.
A 56 to 1 ratio looks conservative next to large-cap technology, but the driver is a $237,527 median employee, not a modest chief executive package. A workforce of 1,791 people that is 59 percent United States and heavily technical produces a median several times the retail or manufacturing norm.
Salary and annual incentive together were about 36 percent of the chief executive's 2025 reported total, against roughly 3 percent salary at a large technology issuer. The annual scorecard therefore moves executive pay far more here than it would elsewhere.
The 2025 long-term incentive redesign put 20 percent into stock options alongside 60 percent performance awards and 20 percent restricted stock units. At a $23.88 strike against a $42.96 reference price the January 2026 grants are already well in the money, but options are the component that can go to zero.
Full-value awards consume 2.39 pool shares each while options consume 1.0, so authorised shares are not an apples-to-apples grant capacity measure and a simple utilisation percentage cannot be calculated for this plan.
Full-time equivalents fell from 2,305 to 1,791 during 2025 and APA raised its expected 2026 exit run-rate cost savings to about $500 million in August 2026. Salary submissions collected before that reshaping describe a workforce structure that is changing quickly.
APA publishes no voluntary or involuntary attrition rate. The 22.3 percent reduction blends divestitures, restructuring and ordinary departures, and converting it into an attrition figure would be a fabrication.
The original research brief assumed an India-anchored model. APA reported no India or Australia employees in its 2025 Form 10-K, and APA Corporation is unrelated to the Australian infrastructure business APA Group on the ASX. Those markets are kept as explicit research gaps rather than populated with invented ladders.
With no grade codes public, the stock ownership multiples are the clearest visible hierarchy: two times salary at vice president, two and a half at senior vice president, three at executive vice president, four at president and ten at chief executive, plus a 15 percent after-tax retention requirement on everything that settles.
APA split cost performance into development capital expenditure, lifting plus workover costs and gross department costs, and reintroduced net production as a standalone metric, explicitly so that field, support and asset teams can each see how their work moves the number. That design intent is disclosed even though the employee payout grid is not.
Research control
APA's chief executive pay of $13.20 million sits below Occidental at $18.06 million, EOG at $17.58 million and Diamondback at $14.93 million, and above Devon at $12.57 million, on a company far smaller than any of them by headcount. Its 56 to 1 pay ratio is among the lowest in the large-cap energy set because the median employee earns $237,527. On the employee side the Houston technical tiers price competitively for the sector, with drilling and reservoir engineering roles running about 65 percent above corporate finance roles in the same building, but no peer internal-grade crosswalk is possible because no exploration and production company publishes a grade system.
Evidence classification
| Label | Meaning | Examples and permitted use |
|---|---|---|
| Verified | An APA or Apache SEC filing, an official APA web page or sustainability disclosure, or a government record. | Executive and director pay, the pay ratio, equity plan mechanics, ownership requirements, headcount by country, the office list and the United States retirement benefits. |
| Reported | A named third-party dataset with observable records, chiefly Glassdoor employer pages for Apache Houston and Apache North Sea, and the Ellis and MyVisaJobs visa aggregators. | The Houston anchor medians for tiers T0 to T8, the Aberdeen calibration and the labour condition application wage record. |
| Modeled | The Houston anchor multiplied by a city calibration factor and foreign exchange, inside a planning envelope. | The advisor, manager, director, vice president and senior vice president rows, and every city without a direct observation. |
| Not publicly disclosed | No source in the research bundle supports a figure. | Recorded as such rather than estimated, which is why the Egypt and United Kingdom benefit tables are mostly empty. |
Explicit “Not publicly disclosed” index
Known gaps and diligence before relying on a cell
- 1The Reservoir Engineer tier has two conflicting public figures in the same source family: the Glassdoor Apache Houston title table shows a $223,500 midpoint while the dedicated role page shows a $208,000 total median. This report uses $208,000 because the role page is the only record that splits base, bonus and stock, and it names its sample of seventeen submissions.
- 2Cairo, Paramaribo, France, Tulsa, Bangalore, Sydney, Auckland and Singapore carry no company-specific salary evidence at all. Their calibration factors are planning envelopes chosen to keep the location selector usable and must not be read as observations of APA pay in those markets.
- 3The Aberdeen factors are drawn from ten Glassdoor North Sea titles with samples of one to three submissions each, several of which the source itself labels low confidence, and one of which dates to October 2023. The market is directionally evidenced but not reliably calibrated.
- 4The vice president and senior vice president rows have no compensation disclosure of any kind. They are modeled between the director tier and the named executive averages using the ownership multiples as the only anchor, and they are the least reliable rows in the band table.
- 5The executive vice president row averages three people whose packages differ substantially, and Warnica's $500,000 sign-on bonus is inside that average, so it overstates a steady-state executive vice president package by roughly $167,000 of cash.
- 6The share price of $42.96 is a completed-session reference close from 24 August 2026. The bundle notes that a localised data page returned a conflicting figure, so this value is used only for illustrative share-value math and not as a valuation assertion.
- 7The bundle's foreign-exchange snapshot covers only the United States dollar, sterling, the Egyptian pound, the rupee and the Australian dollar. The euro, New Zealand dollar and Singapore dollar rates used for France, Auckland and Singapore are same-date reference rates from outside the bundle.
- 8APA reports revenue by segment in its filings but the bundle records only total 2025 revenue of about $8.92 billion and production revenue of about $7.229 billion, so no geographic revenue split is presented in this report.
- 9No companywide salary hike percentage, pay freeze, salary cut or off-cycle correction for 2025 or 2026 was located in any reviewed source, and no employee-level payout percentage against target exists for any year.
FX rates used — 1 USD equals, snapshot 2026-08-25
Single-date conversion layer for comparability; it ignores payroll-date FX, tax, purchasing power, benefits valuation and hedging. Compensation intelligence, not legal, tax, investment, immigration or employment advice.
Source register — 16 sources
| 10-K 2025 | APA Corporation Annual Report on Form 10-K for 2025 · United States Securities and Exchange Commission · 2026-02-26. Operating areas, full-time equivalents by country, the year-end office list, revenue and human capital disclosure. SEC accession 0001841666-26-000015. |
| DEF 14A 2026 | APA Corporation 2026 Definitive Proxy Statement · United States Securities and Exchange Commission · 2026-04-09. Named executive compensation, the annual incentive scorecard, long-term incentive design, the pay ratio, officer ownership requirements, retirement benefits, director compensation and the equity plan table. SEC accession 0001193125-26-149453. |
| 8-K May 2026 | APA Corporation Form 8-K on the annual meeting results · United States Securities and Exchange Commission · 2026-05-26. Shareholder approval of the Third Amendment to the 2016 Omnibus Compensation Plan. SEC accession 0001841666-26-000037. |
| S-8 Jun 2026 | APA Corporation Form S-8 registration statement · United States Securities and Exchange Commission · 2026-06-01. Registration of 24,160,000 additional plan shares and confirmation of the 21 May 2036 plan expiry. SEC accession 0001841666-26-000042. |
| Forms 4 | Section 16 filings for John J. Christmann IV and Mark D. Maddox · United States Securities and Exchange Commission · 2026-01-08. The 6 January 2026 restricted stock unit and stock option grants, their vesting schedules, the $23.88 exercise price and the 6 January 2036 expiry. |
| 10-K 2024 | APA Corporation Annual Report on Form 10-K for 2024 · United States Securities and Exchange Commission · 2025-02-01. The 2,305 full-time equivalents at 31 December 2024 used for the year-on-year workforce comparison. |
| Q2 2026 | APA Corporation second-quarter 2026 financial and operational results · APA Corporation · 2026-08-05. The increase in expected 2026 exit run-rate cost savings to about $500 million and the cited field, well-cost and corporate streamlining drivers. |
| Sustainability | APA Our Approach to Sustainability 2025, employee Total Rewards section · APA Corporation · 2026-08-25. Confirmation that pay bands exist for all positions, the annual wage-gap analysis, the biennial third-party fair-pay validation and the pay-change guidance inputs. |
| Workforce | APA Our Workforce, Careers and Leadership pages · APA Corporation · 2026-08-25. Apache Corporation as the employing subsidiary, the current executive ladder, board composition, flexible hours and on-site fitness facilities. |
| People 2024 | APA People Fact Sheet 2024 · APA Corporation · 2024-12-31. Fertility treatment support, adoption and surrogacy reimbursement and backup child and elder care. Dated programme evidence with no current limits. |
| Glassdoor US | Glassdoor Apache salaries in Houston and the Reservoir Engineer role page · Glassdoor · 2026-08-25. The Houston anchor medians for tiers T0 to T8 and the only public base, bonus and stock split for an ordinary APA employee role. |
| Glassdoor UK | Glassdoor Apache North Sea salaries and the Principal Subsea Engineer page · Glassdoor · 2026-08-25. Ten Aberdeen title midpoints used for the United Kingdom calibration, several of them explicitly low confidence. |
| Ellis | Ellis Apache Corporation H-1B sponsored salaries and labour condition application ledger · Ellis · 2026-04-30. The eight-record 2017 to 2025 wage ledger, the year-by-year certification history and the $116,250 historical median. |
| MyVisaJobs | MyVisaJobs Apache Corporation employer overview · MyVisaJobs · 2026-05-19. The $112,500 average proffered salary for 2025, the absence of FY2026 activity and the Houston petition decision history. |
| Peer proxies | EOG Resources, Occidental Petroleum, Devon Energy and Diamondback Energy proxy statements · United States Securities and Exchange Commission · 2026-04-30. Peer chief executive compensation for the 2025 fiscal year. |
| FX and price | 25 August 2026 foreign-exchange snapshot and the 24 August 2026 APA reference close · Central bank reference rates and Investing.com historical data · 2026-08-25. Every local currency conversion in this report and the $42.96 illustrative share price. |
Recent News & Workforce Trend
APA's 2026 has been dominated by cost restructuring and equity plan capacity rather than by any companywide compensation action. No employee salary hike, freeze or cut was announced in any reviewed source.
APA reports full-time equivalents by country rather than by city, so the geographic signal stops at national level. Suriname carries active development, exploration and appraisal work with zero direct full-time equivalents reported, which means that project is delivered through partners, contractors and assignees rather than through a local payroll. The 2025 contraction is the single most important context for every salary observation in this report, because most public submissions predate it.
The second-quarter results lifted the target from $450 million, citing field efficiencies, well-cost reductions and continuing corporate streamlining. Cost discipline of that scale keeps pressure on headcount and on merit budgets.
Implements the expanded 2016 Omnibus Compensation Plan capacity approved by shareholders and confirms the 21 May 2036 plan expiry.
Adds 24,160,000 shares and extends the plan through 21 May 2036, a substantial increase on the roughly 2.77 million shares available at 28 February 2026.
Chief executive total compensation of $13,202,517 against a $237,527 median employee, a ratio of 56 to 1, with the annual incentive certified at 189.8 percent of target.
Down 22.3 percent from 2,305, split 1,061 United States, 486 United Kingdom, 242 Egypt and 2 France, with year-end offices in Houston, Midland, Cairo and Aberdeen.
79,480 restricted stock units and 194,666 options at a $23.88 strike for Christmann, and 18,320 units and 44,871 options for Maddox, all on ratable three-year schedules.
A 514-person reduction across the year. APA publishes no attrition rate, so this figure must not be converted into one.
A Network Administration Analyst II in Houston at $112,500, which is also the reported 2025 average proffered salary for the employer.
Stock options were reintroduced into the named executive mix at 20 percent alongside 60 percent performance awards and 20 percent restricted stock units, and named executive salaries were not increased for the cycle.