Edition:
India

Apache Corp (APA.N)

APA.N on New York Stock Exchange

25.80USD
20 Sep 2019
Change (% chg)

$0.04 (+0.16%)
Prev Close
$25.76
Open
$25.90
Day's High
$26.07
Day's Low
$25.55
Volume
3,001,436
Avg. Vol
1,099,002
52-wk High
$50.03
52-wk Low
$19.45

Latest Key Developments (Source: Significant Developments)

Apache Anticipates It Will Report Production Of About 32 Mboe/Day From Midcontinent-Gulf Coast Region For Q2
Friday, 19 Jul 2019 

July 18 (Reuters) - Apache Corp ::APACHE - ANTICIPATES THAT IT WILL REPORT PRODUCTION OF APPROXIMATELY 32 MBOE PER DAY FROM MIDCONTINENT-GULF COAST REGION FOR Q2 2019.  Full Article

Apache Corp QTRLY Loss Per Share $0.12
Thursday, 2 May 2019 

May 1 (Reuters) - Apache Corp ::APACHE REPORTED A QUARTERLY LOSS OF $47 MILLION OR $0.12 PER DILUTED COMMON SHARE FOR THE FIRST QUARTER OF 2019..REPORTED FIRST-QUARTER PRODUCTION OF 503,000 BARRELS OF OIL EQUIVALENT (BOE) PER DAY.REITERATING 2019 PRODUCTION GUIDANCE OF 6 TO 10 PERCENT FROM FOURTH-QUARTER 2018 TO FOURTH-QUARTER 2019.APACHE - REITERATING 2019 PRODUCTION GUIDANCE OF 6 TO 10 PERCENT FROM Q4 2018 TO Q4 2019 ON UNCHANGED ANNUAL UPSTREAM CAPITAL PROGRAM OF $2.4 BILLION.APACHE - QTRLY ADJUSTED PRODUCTION, WHICH EXCLUDES EGYPT NONCONTROLLING INTEREST AND TAX BARRELS, WAS 437,000 BOE PER DAY, UP 19 PERCENT.ACHIEVED QTRLY U.S. PRODUCTION OF 292,000 BOE PER DAY.ACHIEVED QTRLY INTERNATIONAL REPORTED PRODUCTION OF 211,000 BOE PER DAY; ADJUSTED PRODUCTION OF 145,000 BOE PER DAY.REMAIN ON TRACK FOR $2.4 BILLION CAPITAL PROGRAM FOR THE YEAR.WHEN ADJUSTED FOR ITEMS THAT IMPACT THE COMPARABILITY OF RESULTS, APACHE’S FIRST-QUARTER EARNINGS WERE $38 MILLION OR $0.10 PER SHARE..QTRLY AVERAGE OIL PRICE PER BARREL $57.70 VERSUS $64.34.AT ALPINE HIGH, QTRLY PRODUCTION WAS UP SIGNIFICANTLY FROM THE FOURTH QUARTER AND WAS IN-LINE WITH GUIDANCE OF 70,000 BOE PER DAY..QTRLY AVERAGE NATURAL GAS PRICE PER MCF $2.34 VERSUS $2.82.AT ALPINE HIGH, PRODUCTION IN THE FIRST QUARTER AVERAGED 70,000 BOE PER DAY, A 165-PERCENT INCREASE OVER THE FIRST QUARTER OF 2018.QTRLY TOTAL OIL AND GAS PRODUCTION REVENUES $1,635 MILLION VERSUS $1,747 MILLION.  Full Article

Apache Corp Announces Temporary Deferral Of Alpine High Natural Gas Production
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Apache Corp ::APACHE CORPORATION ANNOUNCES TEMPORARY DEFERRAL OF ALPINE HIGH NATURAL GAS PRODUCTION IN RESPONSE TO RECENT PRICING AT WAHA HUB.APACHE CORP - NO CHANGE EXPECTED TO ALTUS MIDSTREAM COMPANY'S (ALTUS) 2019 EBITDA GUIDANCE RANGE.APACHE CORP - CRYOGENIC PROCESSING BUILDOUT AT ALPINE HIGH IS PROGRESSING AHEAD OF SCHEDULE.APACHE CORP - CRYOGENIC PROCESSING BUILDOUT AT ALPINE HIGH IS PROGRESSING AHEAD OF SCHEDULE.APACHE CORP - REITERATES ALPINE HIGH 2019 EXIT RATE GUIDANCE OF GREATER THAN 100 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY (MBOE/D).APACHE CORP - PRODUCTION DEFERRALS DESIGNED TO POSITIVELY IMPACT APACHE'S CASH FLOW IN NEAR TERM.APACHE CORP - CURRENT DEFERRALS REPRESENT APPROXIMATELY 250 MILLION CUBIC FEET (MMCF) PER DAY OF GROSS GAS PRODUCTION.APACHE - ANTICIPATE RELATIVELY WIDE AND VOLATILE NATURAL GAS PRICE DIFFERENTIALS IN PERMIAN BASIN UNTIL GULF COAST EXPRESS PIPELINE ENTERS SERVICE.  Full Article

Apache Corp Sees Q1 Egypt Tax Barrels 28,000 To 30,000 BOE Per Day
Thursday, 11 Apr 2019 

April 10 (Reuters) - Apache Corp ::APACHE CORP SEES FIRST-QUARTER EGYPT TAX BARRELS 28,000 TO 30,000 BOE PER DAY.APACHE CORP SEES Q1 REALIZED GAIN ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $15 MILLION.APACHE CORP SEES Q1 UNREALIZED LOSS ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $39 MILLION.APACHE CORP SEES Q1 DRY HOLE COSTS (BEFORE TAX) $10 TO $15 MILLION.  Full Article

Apache Corp Says CEO John J. Christmann Iv's 2018 Total Compensation Was $15.2 Million Versus $14.4 Million In 2017 – SEC Filing
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Apache Corp ::APACHE CORP SAYS CEO JOHN J. CHRISTMANN IV'S 2018 TOTAL COMPENSATION WAS $15.2 MILLION VERSUS $14.4 MILLION IN 2017 – SEC FILING.APACHE CORP SAYS CFO STEPHEN J. RINEY'S 2018 TOTAL COMPENSATION WAS $6.2 MILLION VERSUS $5.7 MILLION IN 2017.APACHE CORP - ESTIMATE OF RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO ANNUAL TOTAL COMPENSATION OF MEDIAN EMPLOYEE FOR 2018 WAS 96:1.  Full Article

Apache Corp - Provides Q1 2019 Forecast
Thursday, 28 Feb 2019 

Feb 27 (Reuters) - Apache Corp ::APACHE CORP -SEES Q1 2019 TOTAL ADJUSTED PRODUCTION OF 425 MBOE PER DAY.APACHE CORP -SEES UPSTREAM CAPITAL INVESTMENTS OF $625 MILLION IN Q1 2019.  Full Article

Apache Corp Reports Fourth Quarter Results
Thursday, 28 Feb 2019 

Feb 27 (Reuters) - Apache Corp ::APACHE REPORTED A LOSS OF $381 MILLION OR $1.00 PER DILUTED COMMON SHARE DURING THE FOURTH-QUARTER 2018..QTRLY DELIVERED REPORTED PRODUCTION OF 482,000 BARRELS OF OIL EQUIVALENT (BOE) PER DAY.QTRLY ADJUSTED EARNINGS PER SHARE $0.31.QTRLY DELIVERED ADJUSTED PRODUCTION, WHICH EXCLUDES EGYPT NONCONTROLLING INTEREST AND TAX BARRELS, WAS 421,000 BOE PER DAY.SEES 2019 ANNUAL ADJUSTED PRODUCTION GUIDANCE 425,000 TO 440,000 BOE PER DAY.QTRLY TOTAL AVERAGE OIL PRICE $58.37 PER BARREL VERSUS $58.36 PER BARREL, REPORTED LAST YEAR.QTRLY OIL AND GAS PRODUCTION REVENUES $1,703 MILLION VERSUS $1,640 MILLION REPORTED LAST YEAR.ESTABLISHED 2019 UPSTREAM CAPITAL BUDGET OF $2.4 BILLION.QTRLY TOTAL AVERAGE NATURAL GAS PRICE $2.57 PER MCF VERSUS $2.90 PER MCF, REPORTED LAST YEAR.Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $1.77 BILLION -- REFINITIV IBES DATA.REITERATING FOURTH-QUARTER 2019 EXIT RATE GUIDANCE.QTRLY TOTAL PRODUCTION WAS 482,298 BOE PER DAY VERSUS 440,201 BOE PER DAY REPORTED LAST YEAR.U.S., WILL RECEIVE APPROXIMATELY 75 PERCENT OF 2019 TOTAL UPSTREAM INVESTMENT.INTERNATIONALLY, APACHE EXPECTS PRODUCTION TO DECLINE 2 TO 4 PERCENT OVER 2019.LOOKING FORWARD THROUGH 2021, EXPECT TO SPEND BETWEEN $2.5 TO $2.8 BILLION PER YEAR, ASSUMING $50 TO $55 WTI.  Full Article

Apache Corp Reports Dividend At A Rate Of 25 Cents Per Share, Payable By May 22
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Apache Corp ::APACHE DECLARES CASH DIVIDEND ON COMMON SHARES.APACHE CORP - DIVIDEND ON COMMON SHARES IS PAYABLE MAY 22, 2019 AT A RATE OF 25 CENTS PER SHARE ON CORPORATION'S COMMON STOCK.  Full Article

Apache Announces 2019 Capital Budget And Production Outlook
Friday, 8 Feb 2019 

Feb 7 (Reuters) - Apache Corp ::APACHE ANNOUNCES 2019 CAPITAL BUDGET AND PRODUCTION OUTLOOK.ESTABLISHES 2019 UPSTREAM CAPITAL BUDGET OF $2.4 BILLION, 70 TO 75 PERCENT OF WHICH WILL BE ALLOCATED WITHIN UNITED STATES.EXPECTS FY 2019 TOTAL ADJUSTED PRODUCTION TO TREND TO MIDPOINT OF PREVIOUSLY DISCLOSED GUIDANCE RANGE.SEES 5 PERCENT PERMIAN OIL GROWTH FROM FOURTH-QUARTER 2018 TO FOURTH-QUARTER 2019.TARGETS CASH-FLOW NEUTRALITY, INCLUSIVE OF DIVIDEND, AT AN ASSUMED WTI OIL PRICE OF $53 PER BARREL FOR 2019.SEES Q4 2018 TO Q4 2019 PRODUCTION INCREASES OF 6 TO 10 PERCENT ON A TOTAL COMPANY-ADJUSTED BASIS.2019 BUDGET EXCLUDES PLANNED CONSOLIDATED ACTIVITIES OF ALTUS MIDSTREAM COMPANY.  Full Article

Apache Corp Sees Q4 Egypt Tax Barrels 23,000 To 25,000 BOE Per Day
Friday, 25 Jan 2019 

Jan 24 (Reuters) - Apache Corp ::APACHE CORP SEES Q4 EGYPT TAX BARRELS 23,000 TO 25,000 BOE PER DAY.APACHE CORP SEES Q4 REALIZED GAIN ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $14 MILLION.APACHE CORP SEES Q4 UNREALIZED GAIN ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $15 MILLION.APACHE CORP SEES Q4 DRY HOLE COSTS OF $80 TO $85 MILLION.APACHE CORP - Q4 DRY HOLE COSTS TO INCLUDE ABOUT $54 MILLION FOR HISTORICAL EXPLORATION INVESTMENTS IN U.K. NORTH SEA THAT CO NO LONGER PLANS TO DEVELOP.  Full Article

UPDATE 1-Apache Corp adjusted quarterly profit plunges on lower prices

July 31 U.S. oil and gas producer Apache Corp reported a 78.6% fall in second-quarter adjusted profit on Wednesday, hit by lower prices of oil, gas and natural gas liquids (NGL) and higher operating costs.