sector: Energy ·
industry: Oil & Gas Exploration & Production ·
As of
11:02pm IST
96.51USD
Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. In North America, the Company’s exploration and production interests are focused in the Gulf of Mexico, the Gulf Coast, East Texas, the Permian basin, the Anadarko basin and the Western Sedimentary basin of Canada. Outside of North America, it has exploration and production interests onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea, and onshore Argentina. The Company also has exploration interests on the Chilean side of the island of Tierra del Fuego. The Company holds interests in many of its United States, Canadian, and other international properties through subsidiaries, including Apache Canada Ltd., DEK Energy Company (DEKALB), Apache Energy Limited (AEL), Apache North America, Inc. and Apache Overseas, Inc.
BRIEF: For the nine months ended 30 September 2009, Apache Corporation's revenues decreased 42% to $6.06B. Net loss applicable to Common totaled $874.5M. Revenues reflect a decrease in income from oil & gas production.Net loss reflects an increase in asset retirement obligation accretion expense, increased general & administrative expenses and higher net financing costs and presence of additional depreciation of the company.
Apache Corporation
2000 Post Oak Boulevard
Suite 100
Houston TX 77056
P: +1713.2966000
F: +1713.2966480