The board of directors of APA Corporation has declared a regular cash dividend on the company's common shares, increasing the quarterly dividend rate to 6.25 cents per share, up from 2.5 cents per share. The dividend on APA common shares is payable Nov. 22, 2021, to stockholders of record on Oct. 22, 2021. On an annualized basis, the dividend increases to 25 cents per share, up 150% from the previous annualized level of [...]
Apache Corp. announced today that it has amended its previously announced cash tender offers to purchase up to $1.5 billion in aggregate principal amount of its outstanding notes listed in the table below made pursuant to Apache's Offer to Purchase, dated August 9, 2021 , to increase the Maximum Purchase Amount from $1.5 billion to $1,736,330,000. All other terms and conditions of the Offers set forth in the Offer to [...]
Apache Corp. announced today that it has commenced cash tender offers to purchase up to $1.5 billion 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 [...]
APA Corporation today announced second-quarter 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 Aug. 5 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 for international [...]
APA Corporation today announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. As previously noted, the primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development. Sapakara South-1, an appraisal well located on the eastern edge of the Sapakara area, encountered approximately 30 meters of net black oil pay in a [...]
APA Corporation today provided supplemental information regarding certain second-quarter 2021 financial and operational results. Supplemental quarterly information To further assist analysts with their second-quarter earnings models, the company is providing the following estimates: Estimated Average Realized Prices - 2Q21 Oil NGL Natural Gas United States $65.00 $22.75 $2.70 International $67.00 $38.50 $3.50 Egypt tax [...]
Apache Corp., a subsidiary of APA Corporation , today announced that it has opened the application season for its 2021-2022 Tree Grant Program. Last year, the program donated more than 64,000 trees to 56 nonprofits, including the U.S. Fish and Wildlife Service's South Texas Refuge Complex, The Trust for Public Land in Louisiana, Tree New Mexico and the Galveston Bay Foundation. Since the program's launch in 2005, 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 Aug. 23, 2021, to stockholders of record on July 22, 2021, at a rate of 2.5 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 first-quarter 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 May 6 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 for international [...]
APA Corporation today announced it has reached an agreement in principle with Egypt's Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corporation in support of the MOP's efforts to modernize the country's petroleum sector. The new Production Sharing Contract will consolidate the majority of the concessions in the Western Desert of Egypt operated by APA Corporation subsidiary Apache Egypt [...]
APA Corporation today provided supplemental information regarding certain first-quarter 2021 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 - 1Q21 Oil NGL Natural Gas United States $57.00 $23.00 $4.40 International $61.00 $47.50 $3.40 Egypt tax [...]
APA Corporation today announced Tracey K. Henderson has been appointed Senior Vice President, Exploration. Henderson joins APA from Kosmos Energy, where she served as Chief Exploration Officer. While at Kosmos, she contributed to the discovery of the Jubilee Field offshore Ghana, one of the largest oil discoveries offshore West Africa in a decade. Henderson was also a key member of the technical team responsible for the [...]