APA Corporation today provided supplemental information regarding certain first-quarter 2022 financial and operational results. Supplemental quarterly information To further assist analysts with their first-quarter earnings models, the company is providing the following estimates: Estimated Average Realized Prices - 1Q22 Oil NGL Natural Gas United States $96.00 $36.50 $4.20 International $103.00 $75.00 $5.20 Egypt tax [...]
Apache Corp. announced today that it has amended its previously announced cash tender offers to purchase up to $500 million in aggregate principal amount of its outstanding notes listed in the table below made pursuant to Apache's Offer to Purchase, dated March 14, 2022 , to increase the Maximum Purchase Amount from $500 million to $1,103,610,000. All other terms and conditions of the Offers set forth in the Offer to [...]
$805 million from previously announced Delaware Basin minerals divestiture $224 million from sale of 4 million shares of Kinetik common stock HOUSTON, March 14, 2022 -- APA Corporation today announced the closing of two transactions, generating net proceeds of approximately $1 billion. On March 7, subsidiaries of the company completed the sale of a Delaware Basin mineral package to an undisclosed buyer for approximately [...]
Apache Corp. announced today that it has commenced cash tender offers to purchase up to $500 million in aggregate principal amount of its outstanding notes listed in the table below . Subject to the Maximum Purchase Amount, the amount of a Series of Notes that is purchased in the Offers will be based on the Acceptance Priority Levels set forth below. The Offers are being made on the terms and subject to the conditions set [...]
Apache Corp., a subsidiary of APA Corporation , and LongPath Technologies, Inc. are announcing an expansion of their partnership for continuous methane emissions monitoring in the Permian Basin of southeast New Mexico and west Texas. Methane emissions from oil and gas operations are a focal point for global greenhouse gas mitigation initiatives. LongPath is a leader in providing 24/7 real-time monitoring for methane [...]
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 [...]