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Apache Corp (APA.N)

APA.N on New York Stock Exchange

14.12USD
25 Nov 2020
Change (% chg)

$0.06 (+0.43%)
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$14.06
Open
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$13.67
Volume
328,330
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379,580
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$16.85
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$7.45

Latest Key Developments (Source: Significant Developments)

Apache Declares Cash Dividend On Common Shares
Wednesday, 16 Sep 2020 

Sept 16 (Reuters) - Apache Corp ::APACHE DECLARES CASH DIVIDEND ON COMMON SHARES.  Full Article

Apache Prices $1.25 Billion Notes Offering
Tuesday, 4 Aug 2020 

Aug 3 (Reuters) - Apache Corp ::APACHE PRICES $1.25 BILLION NOTES OFFERING.APACHE CORP - PRICED $500 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 4.625% NOTES DUE 2025.APACHE CORP - PRICED $500 MILLION 4.625% NOTES DUE 2025.APACHE CORP - PRICED $750 MILLION 4.875% NOTES DUE 2027.APACHE CORP - TO USE PROCEEDS FROM OFFERING TO PURCHASE PORTION OF CO'S OUTSTANDING SENIOR INDEBTEDNESS IN CASH TENDER OFFERS.  Full Article

Apache Announces Major Oil Discovery In Block 58 Offshore Suriname At Kwaskwasi-1
Thursday, 30 Jul 2020 

July 29 (Reuters) - Apache Corp ::APACHE CORPORATION ANNOUNCES MAJOR OIL DISCOVERY IN BLOCK 58 OFFSHORE SURINAME AT KWASKWASI-1.APACHE CORP - KWASKWASI-1 WELL ENCOUNTERED 278 METERS (912 FEET) OF NET OIL AND VOLATILE OIL / GAS CONDENSATE PAY..APACHE CORP - FOURTH EXPLORATION PROSPECT IN BLOCK 58, KESKESI EAST-1, WILL BE DRILLED IMMEDIATELY FOLLOWING CONCLUSION OF OPERATIONS AT KWASKWASI..APACHE CORP - KWASKWASI-1 WAS DRILLED TO A DEPTH OF APPROXIMATELY 6,645 METERS (21,800 FEET).APACHE - PRELIMINARY FLUID SAMPLES, TEST RESULTS INDICATE AT LEAST 278 METERS OF NET OIL AND VOLATILE OIL / GAS CONDENSATE PAY IN TWO INTERVALS.APACHE - SHALLOWER CAMPANIAN INTERVAL CONTAINS 63 METERS (207 FEET) OF NET OIL PAY AND 86 METERS (282 FEET) OF NET VOLATILE OIL / GAS CONDENSATE PAY.APACHE CORP - BASED ON SAMPLES TAKEN, API OIL GRAVITIES ARE BETWEEN 34 AND 43 DEGREES..APACHE CORP - UPON COMPLETION OF OPERATIONS AT KWASKWASI-1, SAM CROFT WILL MOVE TO FOURTH PROSPECT IN BLOCK 58, KESKESI.  Full Article

Apache Corp Files For Potential Mixed Shelf Offering; Size Not Disclosed
Wednesday, 1 Jul 2020 

June 30 (Reuters) - Apache Corp ::APACHE CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Apache Corporation Announces Exclusive Listing On Nasdaq
Thursday, 28 May 2020 

May 27 (Reuters) - Apache Corp ::APACHE CORPORATION ANNOUNCES EXCLUSIVE LISTING ON NASDAQ.APACHE CORP - ELECTED TO LIST ITS COMMON STOCK SOLELY ON NASDAQ STOCK MARKET BEGINNING JUNE 9, 2020.APACHE CORP - WILL DISCONTINUE LISTING ITS COMMON STOCK ON NEW YORK STOCK EXCHANGE AND CHICAGO STOCK EXCHANGE AFTER MARKET CLOSES ON JUNE 8.APACHE CORP - WILL DISCONTINUE LISTING ITS 7.75% NOTES DUE 2029 FROM NEW YORK STOCK EXCHANGE.  Full Article

Apache Sees Q1 Unrealized Gain On Commodity Derivatives (Before Tax) Of $17 Mln
Tuesday, 21 Apr 2020 

April 20 (Reuters) - Apache Corp ::APACHE CORP SEES Q1 EGYPT TAX BARRELS 7-10 MBOE/D.APACHE CORP SEES Q1 UNREALIZED GAIN ON COMMODITY DERIVATIVES (BEFORE TAX) OF $17 MILLION.APACHE CORP SEES Q1 DRY HOLE COSTS (BEFORE TAX) $25-30 MILLION.  Full Article

Apache Corp Says CEO's 2019 Total Compensation Was $14.3 Mln Vs $15.2 Mln In 2018 - SEC Filing
Friday, 3 Apr 2020 

April 3 (Reuters) - Apache Corp ::APACHE CORP SAYS PRESIDENT & CEO JOHN CHRISTMANN IV'S 2019 TOTAL COMPENSATION WAS $14.3 MILLION VERSUS $15.2 MILLION IN 2018 - SEC FILING.APACHE CORP SAYS EVP & CFO STEPHEN RINEY'S 2019 TOTAL COMPENSATION WAS $6.2 MILLION VERSUS $6.2 MILLION IN 2018 - SEC FILING.APACHE CORP - ESTIMATE OF RATIO OF 2019 ANNUAL TOTAL COMPENSATION OF CEO TO ANNUAL TOTAL COMPENSATION OF MEDIAN EMPLOYEE WAS 91:1.  Full Article

Apache Corp Announces Revised Capital Guidance And Dividend Reduction
Thursday, 12 Mar 2020 

March 12 (Reuters) - Apache Corp ::APACHE CORPORATION ANNOUNCES REVISED CAPITAL GUIDANCE AND DIVIDEND REDUCTION.APACHE CORP - REDUCED ITS 2020 CAPITAL INVESTMENT PLAN TO A RANGE OF $1.0 BILLION TO $1.2 BILLION.APACHE CORP - OVER COMING WEEKS, COMPANY WILL REDUCE ITS PERMIAN RIG COUNT TO ZERO.APACHE CORP - ACTIVITY REDUCTIONS ARE ALSO PLANNED IN EGYPT AND NORTH SEA.APACHE CORP - APPROVED A REDUCTION IN COMPANY'S QUARTERLY DIVIDEND PER SHARE FROM $0.25 TO $0.025.APACHE CORP - IN SURINAME, ON CONCLUSION OF OPERATIONS AT SAPAKARA WEST-1 EXPLORATION WELL, WILL PROCEED, AS PLANNED, TO A THIRD EXPLORATION PROSPECT.APACHE CORP - WILL USE $340 MILLION OF CASH RETAINED ANNUALLY FROM DIVIDEND REDUCTION TO FURTHER STRENGTHEN ITS FINANCIAL POSITION.APACHE CORP - HAS AMPLE LIQUIDITY THROUGH $4 BILLION UNDRAWN REVOLVER, FLEXIBILITY TO MANAGE $937 MILLION OF BONDS MATURING BETWEEN FEB 2021 AND JAN 2023.APACHE CORP - SIGNIFICANTLY REDUCING PLANNED RIG COUNT AND WELL COMPLETIONS FOR REMAINDER OF YEAR.APACHE CORP - CAPITAL SPENDING PLAN WILL REMAIN FLEXIBLE BASED ON MARKET CONDITIONS.APACHE CORP - FURTHER REDUCING OPERATING AND OVERHEAD COSTS AS CO CONTINUES TO IMPLEMENT CORPORATE REDESIGN PROGRAM.APACHE CORP - ANNOUNCED MULTIPLE ACTIONS BEING TAKEN IN RESPONSE TO CURRENT OIL PRICE ENVIRONMENT.APACHE CORP - REDUCED 2020 CAPITAL INVESTMENT PLAN TO RANGE OF $1.0 BILLION TO $1.2 BILLION FROM PREVIOUS RANGE OF $1.6 BILLION TO $1.9 BILLION.  Full Article

Apache Says Clay Bretches Named Executive Vice President Of Operations
Thursday, 5 Mar 2020 

March 4 (Reuters) - Apache Corp ::APACHE CORPORATION NAMES EXECUTIVE LEADERSHIP FOR THE OPERATIONS AND DEVELOPMENT FUNCTIONS WITHIN REDESIGNED ORGANIZATIONAL STRUCTURE.APACHE CORP - NEW DESIGN WILL HAVE CENTRALIZED TEAMS ORGANIZED AROUND 3 PILLARS: OPERATIONS, DEVELOPMENT & EXPLORATION.APACHE CORP - CLAY BRETCHES WAS NAMED EXECUTIVE VICE PRESIDENT OF OPERATIONS.APACHE CORP - DAVID PURSELL WAS NAMED EXECUTIVE VICE PRESIDENT OF DEVELOPMENT..APACHE CORP - LEADER OF EXPLORATION WILL BE NAMED FOLLOWING COMPLETION OF AN ONGOING SEARCH.APACHE CORP - BRETCHES WILL CONTINUE TO SERVE IN HIS ROLE AS CEO AND PRESIDENT OF ALTUS MIDSTREAM COMPANY.  Full Article

Apache Says Q1 Alpine High Volumes Will Be Slightly Below Q4 Levels
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Apache Corp ::CEO - LOOK FORWARD TO TESTING SOME HIGH-IMPACT OIL PROSPECTS IN EGYPT ON BOTH NEW AND LEGACY ACREAGE BEGINNING AROUND MIDYEAR - CONF CALL.CEO - IN TERMS OF 2020 CAPITAL ALLOCATION, ALPINE HIGH WILL RECEIVE MINIMAL TO NO FUNDING; SHIFTING SOME CAPITAL FROM PERMIAN OIL PROJECTS - CONF CALL.CFO - COST SAVING MEASURES TO RESULT IN SOME ONE-OFF COSTS IN 2020 - CONF CALL.CFO - FIRST QUARTER ALPINE HIGH VOLUMES WILL BE SLIGHTLY BELOW FOURTH QUARTER LEVELS - CONF CALL.CFO - AS A RESULT OF Q4 IMPAIRMENT CHARGE, PROJECTING A MATERIAL DECREASE IN DD&A; EXPECT DD&A PER BOE FOR 2020 TO BE AROUND $13.5 - CONF CALL.IT'S VERY LIKELY WE WILL DRILL ANOTHER WELL IN SURINAME, BUT WE DON'T HAVE TO MAKE THAT DECISION YET - CEO, CONF CALL."THERE'S A LOT TO DO IN THE NORTH SEA. AND I WOULDN'T WORRY TOO MUCH ABOUT IT NEXT 3 TO 5 YEARS" - CFO, CONF CALL.  Full Article