Apache Corp. has announced the donation of more than 64,000 trees to 56 nonprofit partner organizations through the annual Apache Tree Grant Program. Since the program’s launch in 2005, the company has provided more than 4.8 million trees to partner organizations in 17 states. Plantings from this year’s grants began in October 2020 and will continue through May 2021. "We are excited about another great group of grant [...]
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 Feb. 22, 2021, to stockholders of record on Jan. 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. today announced third-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter . There will be a conference call Nov. 5 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 international calls. The [...]
Apache Corp. today provided supplemental information regarding certain third-quarter 2020 financial and operational results. Supplemental quarterly information To further assist analysts with their third-quarter earnings models, the company is providing the following estimates: Estimated Average Realized Prices – 3Q20 Oil NGL Natural Gas United States $40.00 $13.00 $1.40 International $42.00 $27.00 $2.80 Egypt tax [...]
Apache Corp. today released its 2020 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. The report is available at www.apachecorp.com/Sustainability. “The global pandemic has reminded us of life’s essentials – the necessities for sustaining life and helping people thrive in better times. At the core [...]
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 Nov. 23, 2020, to stockholders of record on Oct. 22, 2020, 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. and Total S.A. today provided an update to the technical evaluation of the Kwaskwasi-1 discovery well offshore Suriname. As previously announced, Kwaskwasi-1 discovered hydrocarbons in multiple stacked targets in the upper Cretaceous-aged Campanian and Santonian intervals. The well encountered 278 meters of net oil and volatile oil/gas condensate pay. The shallower Campanian interval contains 63 meters of net [...]
Apache Corp. today announced that it has amended its previously announced cash tender offers to purchase a portion of its 3.625% notes due 2021, 2.625% notes due 2023, 3.250% notes due 2022, 4.250% notes due 2044, 4.750% notes due 2043, 5.100% notes due 2040, and 5.250% notes due 2042 made pursuant to Apache’s Offer to Purchase, dated August 3, 2020 to increase the Aggregate Maximum Purchase Price from $460,000,000 to [...]
Apache Corp. today announced that it has priced $500 million in aggregate principal amount of 4.625% notes due 2025 and $750 million in aggregate principal amount of 4.875% notes due 2027 in an underwritten public offering. Apache intends to use the net proceeds from the offering to purchase a portion of Apache’s outstanding senior indebtedness in cash tender offers with respect to several series of its outstanding notes [...]
Apache Corp. today announced the commencement of tender offers to purchase up to $460,000,000 in aggregate purchase price of its outstanding notes listed in the table below. The terms and conditions of the Offers are set forth in Apache’s Offer to Purchase, dated August 3, 2020 . The Offer to Purchase relates to seven separate Offers, one for each series of notes . Apache’s obligation to accept for purchase, and to pay [...]
Apache Corp. today announced second-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter . There will be a conference call July 30 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 international calls. The [...]
Third consecutive discovery offshore Suriname confirms a world-class hydrocarbon resource. Kwaskwasi-1 well encountered 278 meters of net oil and volatile oil / gas condensate pay. Fourth exploration prospect in Block 58, Keskesi East-1, will be drilled immediately following conclusion of operations at Kwaskwasi. HOUSTON, July 29, 2020 -- Apache Corp. and Total S.A. today announced a major oil discovery at the Kwaskwasi-1 [...]