Apache Corp.

APA Corporation and Total S.A. today updated the operational status of the Keskesi East-1 discovery well offshore Suriname. As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate in the Upper Cretaceous-aged Campanian and Santonian intervals and, subsequently, continued drilling toward deeper Neocomian-aged targets. As drilling progressed, the well encountered substantial pressure [...]

Pomerantz LLP announces that a class action lawsuit has been filed against Apache Corp. and certain of its officers. The class action, filed in the United States District Court for the Southern District of Texas, Houston Division, and docketed under 21-cv-00722, is on behalf of a class consisting of all persons or entities that purchased or otherwise acquired Apache common stock from September 7, 2016 through March 13 [...]

Pomerantz LLP is investigating claims on behalf of investors of Apache Corp. . Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Apache and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On April 23, 2019, pre-market, Apache announced that it had begun a [...]

Apache Corp. and APA Corporation today announced completion of the previously announced holding company structure, making APA the parent holding company of Apache. APA replaces Apache as the public company trading on the Nasdaq stock market under the ticker symbol "APA." Each share of Apache common stock outstanding immediately prior to the reorganization has automatically converted, on a one-for-one basis, into a share [...]

Apache Corp. today announced fourth-quarter and full-year 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter . There will be a conference call Feb. 25 at 10 a.m. Central time to discuss the results. It will be webcast and archived on Apache'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 [...]

Apache Corp. today announced the appointment of Lamar McKay to its board of directors. McKay, 62, served as the chief transition officer of BP p.l.c. from October 2019 until his retirement in December 2020. He previously served as BP's deputy chief executive officer since February 2016. Prior to that role, from January 2013, McKay was the chief executive of BP's worldwide upstream business. Mr. McKay was also chairman and [...]

The board of directors of Apache Corp. has declared a regular cash dividend on the company's common shares. The dividend on common shares is payable May 21, 2021, to stockholders of record on Apr. 22, 2021, at a rate of 2.5 cents per share on the corporation's common stock. About Apache Apache Corp. is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom and [...]

Apache Corp. has been named by FORTUNE magazine as one of the World's Most Admired Companies. "We are honored to be recognized by FORTUNE for the fourth consecutive year as one of the World's Most Admired Companies. I congratulate our team of outstanding employees - hard-working individuals committed to responsibly producing energy to help elevate lives around the world," said John. J. Christmann IV, Apache's chief [...]

Apache Corp. today provided supplemental information regarding certain fourth-quarter 2020 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 - 4Q20 Oil NGL Natural Gas United States $41.00 $14.50 $1.70 International $44.50 $33.50 $3.20 Egypt tax [...]

Apache Corp. and Total S.A. today announced an oil discovery at the Keskesi East-1 exploration well in Block 58 offshore Suriname. Keskesi East-1 encountered targets in the upper Cretaceous-aged Campanian and Santonian intervals. The shallower Campanian interval contains 58 meters of net oil, volatile oil and condensate pay and the Santonian interval contains 5 meters of net oil and volatile oil pay. Fluid samples [...]