Apache Corp.

APA Corporation has been named to Forbes' 2022 list of America's Best Midsize Employers for the second year in a row. The final list spans 25 industries, recognizing the top 500 companies that received the most recommendations from their employees. "We are honored to be recognized by Forbes for our efforts to make APA an inclusive and rewarding place to work," said John J. Christmann IV, APA president and CEO. "We look [...]

APA Corporation today announced the appointment of Dave Stover to its board of directors. Stover is expected to serve on the Audit Committee. "We are thrilled to welcome Dave to the APA board. With more than 40 years of domestic and international oil and gas industry experience, he will bring in-depth knowledge and global expertise to our ongoing efforts to deliver long-term value for APA stakeholders," said John Lowe [...]

APA Corporation today announced fourth-quarter and full-year 2021 results. Results can be found on the company's website by visiting www.apacorp.com or investor.apacorp.com. There will be a conference call Feb. 22 at 10 a.m. Central time to discuss the results. It will be webcast and archived on APA's website and available for playback by telephone for one week. The number for the replay is 855-859-2056 or 404-537-3406 [...]

APA Corporation today announced an oil discovery at the Krabdagu-1 exploration well. KBD-1 is located on Block 58 offshore Suriname, approximately 18 kilometers southeast of the Sapakara South-1 appraisal well. APA Suriname holds a 50% working interest in the block, with TotalEnergies , the operator, holding a 50% working interest. KBD-1 was drilled with the Maersk Valiant to an approximate depth of 5,273 meters . The [...]

The board of directors of APA Corporation has declared a regular cash dividend on the company's common shares. The dividend on common shares is payable May 23, 2022, to stockholders of record on April 22, 2022, at a rate of 12.5 cents per share on the corporation's common stock. About APA APA Corporation owns consolidated subsidiaries that explore for and produce oil and gas in the United States, Egypt and the United [...]

APA Corporation today announced the appointment of Retired Lieutenant General Charles Hooper to its board of directors. General Hooper will serve on the Corporate Responsibility, Governance, and Nominating Committee and the Management Development and Compensation Committee. Hooper, 64, retired after a distinguished 41-year military career. In his last assignment for the U.S. Army, he was the Director of the Defense [...]

APA Corporation today announced the date of its fourth-quarter 2021 financial and operational results conference call. APA Corporation will host its fourth-quarter 2021 results conference call on Tuesday, Feb. 22, at 10 a.m. Central time. The company will issue its earnings release on Monday, Feb. 21. The full text of the release will be available on the company's website at www.apacorp.com. The conference call will be [...]

APA Corporation today provided supplemental information regarding certain fourth-quarter 2021 financial and operational results. Supplemental quarterly information To further assist analysts with their fourth-quarter earnings models, the company is providing the following estimates: Estimated Average Realized Prices - 4Q21 Oil NGL Natural Gas United States $76.00 $34.00 $4.70 International $80.00 $70.00 $5.40 Egypt tax [...]

APA Corporation has been named to Newsweek's 2022 list of America's Most Responsible Companies. APA ranks third among upstream energy peers, an increase from sixth in 2021. The final list recognizes the top 500 most responsible companies in the United States, spanning 14 industries. "APA is committed to meeting the world's demand for reliable energy in a cleaner, more sustainable way," said APA CEO and President John J [...]

Key Takeaways Consolidates 90% of gross production into a single concession and refreshes existing development lease terms for 20 years; In anticipation of the new agreement, the APA-Sinopec JV more than doubled its Egypt rig count to 11 in 2021; planning a further increase to 15 rigs in 2022; APA-Sinopec JV expects to increase gross capital investment by approximately $235 million in Egypt during 2022; projects a 13% to [...]