Apache Corporation
Company Summary
Description
Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.Website
http://www.apachecorp.com/About_Apache/index.aspxOperational Regions
- Permian Basin
- Wolfcamp
- Midland Basin
- Delaware Basin
- Bone Spring Sands
- Alpine High
- Midcontinent
- SCOOP
- Eagle Ford
- Texas Panhandle
- Gulf of Mexico
- North Sea
- Africa
- Middle East
Financial Data:
NYSE:APA from Google FinanceTickers:
-
APA - New York Stock Exchange
Related Entities
Firm Transport Commitments
Project: Gulf Coast Express Pipeline Project
Firm Commitment: 500 Mmcf/d
Project: EPIC Crude Pipeline
Firm Commitment: 75 M Bbls/d
Project: SCM Alpine NGL Header Pipeline
Firm Commitment: 222.5 M Bbls/d
Project: Shin Oak NGL Pipeline
Firm Commitment: 205 M Bbls/d
Project: Permian Highway Pipeline Project (PHP Project)
Firm Commitment: 500,000 Dth/d
Recent news
- 8/15/2023 - Apache Corp. Explores... (subscriber access)
- 10/4/2022 - Apache Q3 2022 U.S.... (subscriber access)
- 10/4/2022 - Apache Corporation is... (subscriber access)
- 3/15/2022 - Apache Announces Tender... (subscriber access)
- 3/8/2022 - Apache Announces... (subscriber access)
Investor Presentations
- 4Q20 Earnings Presentation
- 3Q20 Investor Presentation (subscriber access)
- 2Q20 Investor Presentation (subscriber access)
- 1Q20 Investor Presentation (subscriber access)
- 3Q19 Investor Presentation (subscriber access)
- 2Q19 Earnings Presentation (subscriber access)
- 1Q19 Investor Presentation (subscriber access)
- 4Q18 Investor Presentation (subscriber access)
- 3Q18 Investor Presentation (subscriber access)
- 2Q18 Investor Presentation (subscriber access)
- 1Q18 Investor Presentation (subscriber access)
- Fourth Quarter 2017 Earnings Supplement (subscriber access)
- 3Q17 Financial & Operational Supplement (subscriber access)
- 2Q17 Financial & Operational Supplement (subscriber access)
- May 2017 West Coast Presentation (subscriber access)
- 1Q17 Earnings Presentation (subscriber access)
- J. P. Morgan 14th Annual Middle East Oil and Gas Tour (subscriber access)
- Scotia Howard Weil 2017 Energy Conference (subscriber access)
- Fourth Quarter and Full-Year Results Supplement (subscriber access)
- 3Q16 Investor Presentation (subscriber access)
- Barclay's CEO Energy Conference - 9/7/2016 (subscriber access)
- June 2016 J.P. Morgan Inaugural Energy Equity Conference (subscriber access)
- June 2016 Bernstein Conference (subscriber access)
- UBS Global Oil & Gas Conference - May 2016 (subscriber access)
- 5/24/2016 UBS OIl and Gas Conference (subscriber access)
- Howard Weil Energy Conference - March 2016 (subscriber access)
- J.P. Morgan 13th Annual Middle East Oil and Gas Tour (subscriber access)
Company Transactions
Date: 12/25/2019
Type: Acquisition
NOTES:
The two firms will each hold a 50% working interest in the 1.4 million acre block and Apache will operate the first three exploration wells before transferring operatorship to Total. In exchange, Total will provide $5 billion in cash carry on the first $7.5 billion in development capital and then 25% of all cash carry on anything beyond the first $7.5 billion.
The two firms will each hold a 50% working interest in the 1.4 million acre block and Apache will operate the first three exploration wells before transferring operatorship to Total. In exchange, Total will provide $5 billion in cash carry on the first $7.5 billion in development capital and then 25% of all cash carry on anything beyond the first $7.5 billion.
REGIONS:
South America
Date: 7/19/2019
Type: Acquisition
NOTES:
Apache closed the sale of noncore assets in two separate transactions for $612 million. The sale represents the Company's exit from the Western Anadarko Basin and the previously reported exit from the SCOOP/STACK play. Production from the divested assets averaged 33 Mboe/d in 1Q19.
Apache closed the sale of noncore assets in two separate transactions for $612 million. The sale represents the Company's exit from the Western Anadarko Basin and the previously reported exit from the SCOOP/STACK play. Production from the divested assets averaged 33 Mboe/d in 1Q19.
REGIONS:
Anadarko Basin
Midcontinent
Oklahoma STACK Play
SCOOP
Date: 10/1/2018
Type: Joint Venture
NOTES:
Apache & Kayne Anderson Acquisition Corp. (KAAC) have entered into an agreement under which Apache will dedicate its Alpine High midstream assets to Altus Midstream LP, which is jointly owned by the two firms. Upon closing in October 2018, KAAC will be renamed Altus Midstream and will hold all of Apache's midstream assets in the Alpine High. Altus will have a market cap of $3.5 billion at formation, assuming 354.4 million common shares at $10/share. Apache will receive 251.9 million shares and own 71.1% of the firm and Kayne will contribute $952 million in cash.
Apache & Kayne Anderson Acquisition Corp. (KAAC) have entered into an agreement under which Apache will dedicate its Alpine High midstream assets to Altus Midstream LP, which is jointly owned by the two firms. Upon closing in October 2018, KAAC will be renamed Altus Midstream and will hold all of Apache's midstream assets in the Alpine High. Altus will have a market cap of $3.5 billion at formation, assuming 354.4 million common shares at $10/share. Apache will receive 251.9 million shares and own 71.1% of the firm and Kayne will contribute $952 million in cash.
REGIONS:
Alpine High
Date: 8/15/2017
Type: Acquisition
BUYERS:
Paramount Resources Ltd
SELLERS:
Apache Canada Ltd.
Apache Corporation
DETAILS:
COST: 353.7 $MM
VOLUMES: 42.196 MBOE/d
ACRES: 560000 Acres
NOTES:
Apache has agreed to sell its Apache Canada Ltd. subsidiary to Paramount Resources Ltd. (TSX:POU). This includes properties located principally in the provinces of Alberta and British Columbia.
Apache has agreed to sell its Apache Canada Ltd. subsidiary to Paramount Resources Ltd. (TSX:POU). This includes properties located principally in the provinces of Alberta and British Columbia.
REGIONS:
Western Canadian Sedimentary Basin
Date: 8/15/2017
Type: Acquisition
NOTES:
Apache agreed to sell its Provost assets in Alberta to an undisclosed privately owned company.
Apache agreed to sell its Provost assets in Alberta to an undisclosed privately owned company.
REGIONS:
Western Canadian Sedimentary Basin
Date: 6/30/2017
Type: Acquisition
REGIONS:
Western Canadian Sedimentary Basin
News & Press Releases
Criterion News
- 8/15/2023 - Apache Corp. Explores... (subscriber access)
- 10/4/2022 - Apache Q3 2022 U.S.... (subscriber access)
- 10/4/2022 - Apache Corporation is... (subscriber access)
- 3/15/2022 - Apache Announces Tender... (subscriber access)
- 3/8/2022 - Apache Announces... (subscriber access)
- 10/22/2021 - Altus Midstream Merging... (subscriber access)
- 10/22/2021 - Apache Reportedly... (subscriber access)
- 10/11/2021 - APA Ends Routine Flaring... (subscriber access)
- 8/16/2021 - Apache Increases Debt... (subscriber access)
- 8/12/2021 - Surge Energy Acquires... (subscriber access)
- 8/9/2021 - Apache to Repurchase Up... (subscriber access)
- 4/16/2021 - Apache Reports 1Q21... (subscriber access)
- 4/16/2021 - APA Corp. Expecting 1Q21... (subscriber access)
- 3/2/2021 - Apache Completes... (subscriber access)
- 2/25/2021 - Apache To Begin Testing... (subscriber access)
- 2/25/2021 - Apache Resumed Permian... (subscriber access)
- 2/25/2021 - Apache Issues 2021 CapEx... (subscriber access)
- 2/25/2021 - Apache Reports 4Q20... (subscriber access)
- 1/14/2021 - Total & Apache Announce... (subscriber access)
- 1/5/2021 - Apache Forms Holding... (subscriber access)
- 11/5/2020 - Apache Issues 2021 CapEx... (subscriber access)
- 11/5/2020 - Apache Added Two Permian... (subscriber access)
- 11/5/2020 - Apache Reports 3Q20... (subscriber access)
- 11/5/2020 - Apache Reports 3Q20 U.S.... (subscriber access)
- 8/17/2020 - Apache Announces Early... (subscriber access)
- 8/4/2020 - Apache Corp. Prices... (subscriber access)
- 8/3/2020 - Apache Redeeming $460MM... (subscriber access)
- 8/3/2020 - Suriname State-Owned... (subscriber access)
- 7/30/2020 - Apache Halted U.S.... (subscriber access)
- 7/30/2020 - Apache Issues 3Q20... (subscriber access)
Press Releases
- Describes in the Governance section a new, cutting-edge board evaluation process.
- Expounds in the Environment section on Apache's efforts to reduce methane emissions intensity and establishes a company-specific goal to reduce Apache's intensity to 0.36 percent by 2025.
- Recaps in the Workplace section a commitment to contractor engagement and training and details contractor town halls held across various operating regions to review key health and safety information, policies and procedures.
- Notes in the Society section Apache's process for engaging stakeholders and community officials and details the company's philanthropic and volunteering efforts in local communities.
- Apache has secured 307,000 contiguous net acres (352,000 gross acres) at an attractive average cost of approximately $1,300 per acre.
- Alpine High has 4,000 to 5,000 feet of stacked pay in up to five distinct formations including the Bone Springs, Wolfcamp, Pennsylvanian, Barnett and Woodford.
- 2,000 to more than 3,000 future drilling locations have been identified in the Woodford and Barnett formations alone. These formations are in the wet gas window and are expected to deliver a combination of rich gas and oil. Initial estimates for the Woodford and Barnett zones indicate a pretax, net present value (NPV) range of $4 million to $20 million per well, at benchmark oil and natural gas prices of $50 per barrel and $3 per million cubic feet (Mcf), respectively. Expected well costs in development mode for a 4,100 foot lateral are estimated to be approximately $4 million per well in normally pressured settings and $6 million per well in over-pressured settings.
- Apache has drilled 19 wells in the play, with nine currently producing in limited quantities due to infrastructure constraints. This includes six wells in the Woodford, one well in the Barnett and one well each in the shallower Wolfcamp and Bone Springs oil formations.
- North America Onshore – The company averaged 10 rigs in North America Onshore and drilled and completed 47 gross-operated wells during the first quarter.
In the Permian Basin, production averaged 171,000 Boe per day, down 2 percent from the fourth quarter of 2015. Apache averaged six operated rigs and drilled and completed 32 gross-operated wells. This is down from 57 drilled and completed wells in the fourth quarter of 2015.
In the Delaware Basin, the company successfully drilled and completed five gross-operated wells primarily targeting the Bone Spring formations in the Pecos Bend area. During the quarter, Apache drilled its best well in the basin to date, the Seagull 103-HR, which delivered an impressive average 30-day, initial-production rate of nearly 2,800 Boe per day.
The company also drilled and completed 25 gross-operated wells during the quarter in the Midland Basin, Northwest Shelf and Central Basin Platform, achieving strong results from both the Wolfcamp and Yeso formations. - North Sea – Apache averaged four operated rigs and generated production of 70,000 Boe per day, a 2-percent decline from the fourth quarter of 2015. During the second half of the quarter, Apache brought four successful development wells online, which resulted in a strong production rebound in the month of April.
- Egypt – Apache averaged 10 rigs during the quarter and maintained gross production of 353,000 Boe per day, which was essentially flat with the fourth quarter of 2015. Excluding noncontrolling interest and tax barrels, net production was up slightly from the fourth quarter to 103,000 Boe per day. Apache placed 23 wells on production and achieved a drilling success rate of 88 percent during the quarter.
12/16/2016 - Apache Sets Date For 2017 Annual Meeting
Apache Sets Date For 2017 Annual Meeting
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Dec. 16, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced its 2017 annual meeting will be held at 10 a.m. Central time Thursday, May 11, 2017, at the Hilton Houston Post Oak Hotel, 2001 Post Oak Blvd., Houston, Texas. Shareholders of record at the close of business March 13, 2017, are entitled to receive notice of the meeting and to vote the shares of Apache common stock held as of that date.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, updates, investor information and all recent press releases on its website, www.apachecorp.com.
APA-F
SOURCE Apache Corporation
Article Date
12/16/201612/14/2016 - Apache Declares Cash Dividend On Common Shares
Apache Declares Cash Dividend On Common Shares
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Dec. 14, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares.
The dividend on common shares is payable Feb. 22, 2017, to stockholders of record on Jan. 22, 2017, at a rate of 25 cents per share.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, updates, investor information and all recent press releases on its website, www.apachecorp.com.
APA-F
SOURCE Apache Corporation
Article Date
12/14/2016Apache Corporation Releases Third-Quarter 2016 Financial And Operational Results
Source: PR Newswire
HOUSTON, Nov. 3, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced third-quarter 2016 financial and operational results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call to discuss the results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time Nov. 3. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13749619.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google's Play store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
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SOURCE Apache Corporation
Article Date
11/3/201610/24/2016 - Apache Releases 2016 Sustainability Report
Apache Releases 2016 Sustainability Report
Source: PR Newswire
HOUSTON, Oct. 24, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) has released its 2016 Sustainability Report. The report is available at www.apachecorp.com/Sustainability.
The online report features extensive disclosure of Apache's performance in governance, economics, environmental stewardship, health and safety in the workplace, and community outreach.
"Apache's mission is to operate in a way that protects and enhances the safety and health of our employees, our communities and the environment," Apache Chief Executive Officer and President John J. Christmann IV said. "Even in challenging economic times, we maintain our commitment to make positive contributions to the communities where we operate – including hiring locally and using local vendors where possible."
Among the highlights, the report:
The 2016 report was prepared using the Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines and contains standard disclosures from those guidelines. GRI is a nonprofit organization that promotes economic, environmental and social sustainability. Its comprehensive sustainability reporting model is widely used around the world. Also consulted was the Oil and Gas Industry Guidance on Voluntary Sustainability Reporting developed by the International Petroleum Industry Environmental Conservation Association (IPIECA), the American Petroleum Institute (API) and the International Association of Oil & Gas Producers (IOGP).
Another reference was Disclosing the Facts 2016: Transparency and Risk in Hydraulic Fracturing published by As You Sow, Boston Common Asset Management and the Investor Environmental Health Network (IEHN). Disclosing the Facts is an annual investor scorecard ranking the 30 largest oil and gas companies engaged in hydraulic fracturing.
For the 2016 report, Apache has transitioned from a summary sustainability report to a comprehensive, searchable report. The company will no longer duplicate the report content on its website.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.
APA-O
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SOURCE Apache Corporation
Article Date
10/24/2016Apache Corporation To Release Third-Quarter 2016 Results Nov. 3
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Oct. 20, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its third-quarter 2016 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp) at 7 a.m. Central time Thursday, Nov. 3, 2016, followed by a conference call to discuss its results at 1 p.m. Central time.
The conference call will be webcast from Apache's website at www.apachecorp.com or investor.apachecorp.com, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time Nov. 3. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13749619.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
APA-F
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SOURCE Apache Corporation
Article Date
10/20/2016Apache Corporation's Tree Grant Program Kicks Off 2016-2017 Planting Season With 280,000 Tree Donations To Area Nonprofits
Source: PR Newswire
HOUSTON, Sept. 19, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced it has kicked off the 2016-2017 tree planting season by awarding a total of 280,000 trees as part of the annual Apache Tree Grant Program. This year the company is partnering with 24 nonprofits across three states including the Texas Parks and Wildlife Department, the Black Bear Conservation Coalition, and the U.S. Fish and Wildlife Service. The plantings will start this week and continue into May 2017. Apache's Tree Grant program has donated more than 4 million trees to nonprofits across 17 states since its launch in 2005.
Sowing seeds of ongoing support
The city of New Orleans' NOLA Tree Project has been awarded a donation of 2,400 trees which will be used for replanting efforts in Louisiana parishes impacted by recent flooding.
"Your support of the NOLA Tree Project will help substantially as they work to revitalize neighborhoods throughout Louisiana," said Mitchell Landrieu, mayor of the City of New Orleans. "Thank you for your commitment as an ongoing and dedicated partner for New Orleans. The people of New Orleans will never forget those who helped us when we needed it most."
Along 80-acres of what is called the "Milagro Tract," the Lower Rio Grande Valley National Wildlife Refuge in Texas will plant 10,000 Apache-donated seedlings as part of the Refuge's Farmland Phase-out and Re-vegetation Program. The Milagro Tract is adjacent to the Refuge's Rio Reforestation site, which will celebrate its 25th anniversary in October. The Refuge expects more than 1,000 visitors to attend and help plant 31 acres of trees.
"The generous financial support we've received from Apache Corporation and others for purchase of native tree seedlings enables the U.S. Fish & Wildlife Service to further leverage its ecosystem restoration capabilities within the Tamaulipan thornscrub habitats found only in southernmost counties of deep South Texas," said Bryan Winton, Lower Rio Grande Valley National Wildlife Refuge manager. "Without these additional funds, our annual acreage and plant restoration/distribution goals would be next to impossible to achieve."
Much of the Lower Rio Grande area, about 12,750 acres, has been restored through the Refuge's Farmland Phase-out and Re-vegetation programs. Since 1989, the program has planted an estimated 6.5 million seedlings to reforest the habitat of many endangered species such as the ocelot and jaguarundi, making it the most successful and longest running reforestation project in the United States. This is the second year that Apache has supported the Lower Rio Grande Valley National Wildlife Refuge's efforts.
The company continues ongoing donations to other organizations including the Black Bear Conservation Coalition (BBCC) and Texas Parks & Wildlife. Apache donated 250,000 native bottomland hardwood seedlings to BBCC to continue habitat restoration efforts for endangered black bears in Louisiana and Texas. The Texas Parks & Wildlife Department received 2,735 trees from Apache for plantings in 14 parks throughout the state. The parks received trees native to their areas.
Another 2016-2017 recipient of Apache-donated trees is the Lubbock Roots Historical Arts Council which promotes a greater understanding of the African American experience through the practice and appreciation of the visual and performing arts and through the study, interpretation and preservation of the history of the African American in the Early American West. The Council plans to use the tree donation to help beautify East Lubbock and promote economic development in the community. The revitalization effort will take an estimated three years to complete.
Company leaves legacy of trees
"Now in its 11th year, our tree program has been a great way for our employees to volunteer in their communities and for the company to make a lasting contribution," said Apache CEO and President John J. Christmann IV.
A cornerstone of the company's community outreach and giving efforts, the tree program was extended to employees in 2012 with the formation of The Trees for Tots program. The program donates a tree to honor each child born to or adopted by an Apache employee from January to December of the previous year. More than 100 trees have been planted in honor of children of Apache employees to date.
For more information about the Apache Tree Grant Program, please visit www.apachelovestrees.com.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, and the United Kingdom. Apache posts announcements, operational updates, investor information and press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google's Play store.
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APA-O
SOURCE Apache Corporation
Article Date
9/19/20169/15/2016 - Apache Declares Cash Dividend On Common Shares
Apache Declares Cash Dividend On Common Shares
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Sept. 15, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares.
The dividend on common shares is payable Nov. 22, 2016, to stockholders of record on Oct. 21, 2016, at a rate of 25 cents per share.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, updates, investor information and all recent press releases on its website, www.apachecorp.com.
APA-F
SOURCE Apache Corporation
Article Date
9/15/2016Apache CEO to Discuss Recent 'Alpine High' Discovery at 2016 Executive Oil Conference
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Sept. 8, 2016 /PRNewswire/ -- On Sept. 7, Apache Corp. (NYSE: APA) announced its discovery of a significant new resource play which it calls the Alpine High, located in the southern portion of the Delaware Basin, primarily in Reeves County, Texas.
Apache said it has identified some 3,000 future drilling locations in the Barnett and Woodford shale formations alone. Hydrocarbons in place include an estimated 75 trillion cubic feet (Tcf) of rich gas and 3 billion barrels (Bbbl) of oil, according to the company. Apache also reported significant oil potential in the shallower Pennsylvanian, Bone Spring and Wolfcamp formations. Alpine High has some 5,000 ft of stacked pay in up to five distinct formations.
"We are incredibly excited about the Alpine High play and its large inventory of repeatable, high-value drilling opportunities," John J. Christmann IV, Apache's CEO and president, said in a statement. "We have thousands of low-risk locations in the Woodford and Barnett formations alone, and we are looking forward to further delineating what we believe will be a significant number of oil-prone locations in the Pennsylvanian, Wolfcamp and Bone Springs."
Christmann is set to discuss Apache's plans for the discovery during a keynote address entitled 'Alpine High & Permian-Wide' at 1:15 p.m. Tuesday, November 8, during Hart Energy's 2016 Executive Oil Conference. The conference and exhibition, scheduled November 7-8 in Midland, TX at the Midland County Horseshoe Pavilion, attracts top executives and decision makers from the region's most-active exploration and production companies for world-class conference sessions about effective strategies, trends and technologies that will increase operational efficiency.
To view the full conference agenda and register to attend, please visit ExecutiveOilConference.com. Conference delegates can recieve super early-bird registration discounts until Friday, Sept. 16. For media credentials, please contact Gabe Geller at ggeller@hartenergy.com. Follow on Twitter @HartEnergyConf, #EOC for updates.
About Hart Energy
For more than 40 years, Hart Energy editors and experts have delivered market-leading insights to investors and energy industry professionals. The Houston-based company produces award-winning magazines (such as Oil and Gas Investor, E&P and Midstream Business); online news and data services; in-depth industry conferences (like the DUG™ series); GIS data sets and mapping solutions; and a range of research and consulting services. For information, visit hartenergy.com
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SOURCE Hart Energy
Article Date
9/8/2016Apache Corporation Discovers Significant New Resource Play In Southern Delaware Basin
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Sept. 7, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that after more than two years of extensive geologic and geophysical work, methodical acreage accumulation, and strategic testing and delineation drilling, the company can confirm the discovery of a significant new resource play, the "Alpine High." Apache's Alpine High acreage lies in the southern portion of the Delaware Basin, primarily in Reeves County, Texas. The company estimates hydrocarbons in place on its acreage position are 75 trillion cubic feet (Tcf) of rich gas (more than 1,300 British Thermal Units) and 3 billion barrels of oil in the Barnett and Woodford formations alone. Apache also sees significant oil potential in the shallower Pennsylvanian, Bone Springs and Wolfcamp formations.
Key highlights of the discovery:
"Today's announcement is the culmination of more than two years of hard work by the Apache team. While other companies have focused on acquisitions during the downturn, we took a contrarian approach and focused on organic growth opportunities. These efforts have resulted in the identification of an immense resource that we believe will deliver significant value for our shareholders for many years," said John J. Christmann IV, Apache's chief executive officer and president. "We are incredibly excited about the Alpine High play and its large inventory of repeatable, high-value drilling opportunities. We have thousands of low-risk locations in the Woodford and Barnett formations alone, and we are looking forward to further delineating what we believe will be a significant number of oil-prone locations in the Pennsylvanian, Wolfcamp and Bone Springs."
In addition to providing details on Apache's Alpine High discovery, the company is also providing an update today on its Midland Basin and other Delaware Basin assets, including strong comparative well results and future drilling locations. This update can be found in the slide deck associated with today's Barclay's 2016 CEO Energy-Power Conference presentation, which is posted on the company's website at www.apachecorp.com and investor.apachecorp.com.
"Our announcement today represents a significant addition to our already deep and highly economic Permian Basin position. With the contribution of Alpine High to our global portfolio of world-class international and North American assets, Apache clearly has more profitable-growth opportunities than at any other time in the company's 60-year history," Christmann concluded.
2016 capital guidance update
To accelerate the delineation and development of the Alpine High play, Apache is increasing its 2016 capital spending by approximately $200 million for the year and raising its full-year capital guidance to approximately $2 billion. Capital spending on the Alpine High play in 2016 will represent more than 25 percent of Apache's total capital spending program.
Barclay's presentation
Apache CEO and President John J. Christmann IV will present today, Sept. 7, 2016, at 6:45 a.m. Central time at the Barclay's 2016 CEO Energy-Power Conference. The presentation and live webcast will be available on Apache's website at www.apachecorp.com and investor.apachecorp.com, and the webcast replay will be archived there as well.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and Google's Play store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
Forward-looking statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "guidance," and similar references to future periods. These statements include, but are not limited to, statements about future plans, expectations and objectives for Apache's operations, including statements about our capital plans, drilling plans, production expectations, asset sales, and monetizations. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See "Risk Factors" in our 2015 Form 10-K filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.
Cautionary note to investors
The United States Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable, and possible reserves that meet the SEC's definitions for such terms. Apache may use certain terms in this earnings release, such as "resources," "potential resources," "resource potential," "estimated net reserves," "recoverable reserves," and other similar terms that the SEC guidelines strictly prohibit Apache from including in filings with the SEC. Such terms do not take into account the certainty of resource recovery, which is contingent on exploration success, technical improvements in drilling access, commerciality and other factors, and are therefore not indicative of expected future resource recovery and should not be relied upon. Investors are urged to consider carefully the disclosure in Apache's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2015, available from Apache at www.apachecorp.com or by writing Apache at: 2000 Post Oak Blvd., Suite 100, Houston, TX 77056 (Attn: Corporate Secretary). You can also obtain this report from the SEC by calling 1-800-SEC-0330 or from the SEC's website at www.sec.gov.
APA-P
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SOURCE Apache Corporation
Article Date
9/7/2016Apache Corporation Releases Second-Quarter 2016 Financial And Operational Results
Source: PR Newswire
HOUSTON, Aug. 4, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced second-quarter 2016 financial and operational results on its website at www.apachecorp.com and investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call to discuss the results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time Aug. 4. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13741868.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google's Play store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
APA-F
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SOURCE Apache Corporation
Article Date
8/4/2016Apache Corporation Converts To Successful-Efforts Accounting Method
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Aug. 3, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that during the second quarter of 2016, the company changed its method of accounting for oil and gas exploration and development activities from the full-cost to the successful-efforts method.
Second-quarter 2016 results, which will be released Aug. 4, 2016, will reflect this change. The company will provide additional information related to its conversion to successful efforts in its earnings supplement, including a reconciliation of second-quarter 2016 results of operations under successful efforts to full cost.
In addition to filing its second-quarter 10-Q, Apache will file Form 8-Ks after the close of business on August 4, 2016, that include certain financial information from Apache's 2015 Form 10-K and first-quarter 2016 Form 10-Q revised to reflect the retrospective application of the successful-efforts method. These filings will include reconciliations of financial statements under successful efforts to full cost for all periods presented.
"We believe the conversion to the successful-efforts method of accounting will benefit Apache and its stakeholders," said Steve Riney, executive vice president and chief financial officer. "This method is more commonly used by our peer group and will, therefore, improve the comparability of Apache's financial results. It will also provide management with greater transparency to the financial performance of the company, enabling us to improve capital allocation and operational decision-making going forward."
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google's Play store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
APA-F
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SOURCE Apache Corporation
Article Date
8/3/2016Apache Corporation To Release Second-Quarter 2016 Results Aug. 4
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, July 21, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its second-quarter 2016 results on its website at www.apachecorp.com and investor.apachecorp.com as well as on Twitter (@ApacheCorp) at 7 a.m. Central time Thursday, Aug. 4, 2016, followed by a conference call to discuss its results at 1 p.m. Central time.
The conference call will be webcast from Apache's website at www.apachecorp.com and investor.apachecorp.com, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time Aug. 4. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13741868.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom and Suriname. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google's Play store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
APA-F
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SOURCE Apache Corporation
Article Date
7/21/20165/17/2016 - Apache Corporation Announces Planned Retirement Of Corporate Secretary; New Appointee Named
Apache Corporation Announces Planned Retirement Of Corporate Secretary; New Appointee Named
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, May 17, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that Cheri L. Peper, corporate secretary, plans to retire effective Aug. 5, 2016.
Anthony Lannie, executive vice president and general counsel, commented, "Cheri's trusted counsel and expertise have been a tremendous asset to Apache throughout her nearly 23-year tenure. On behalf of the board and all Apache employees, I want to thank Cheri for her many contributions and wish her all the best in retirement."
Beginning July 11, 2016, Rajesh "Raj" Sharma, currently assistant general counsel – Governance, will assume the additional role of corporate secretary. From this date until her August retirement, Peper will act as assistant secretary to aid in the transition.
In Sharma's expanded position, he will be responsible for Apache's communication with its board of directors; shareholder relations; environmental, social and governance shareholder engagement; and compliance with the NYSE and Nasdaq stock exchanges.
Sharma joined Apache as corporate counsel in 2009 and was promoted to senior counsel in 2011 and assistant general counsel in 2014. Before joining Apache, he held positions of increasing responsibility at Mayer Brown LLP; Andrews Kurth LLP; and Fulbright & Jaworski, LLP. Previously, he worked as an accountant at ARCO Pipe Line and Pricewaterhouse Coopers. Sharma received his Bachelor of Business Administration in accounting, his Master in Professional Accounting from the University of Texas at Austin, and his Juris Doctor, cum laude, from the University of Houston Law Center. He was admitted to the bar in 2003. He is a certified public accountant.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.
APA-G
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SOURCE Apache Corporation
Article Date
5/17/20165/12/2016 - Apache Declares Cash Dividend On Common Shares
Apache Declares Cash Dividend On Common Shares
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, May 12, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares.
The dividend on common shares is payable Aug. 22, 2016, to stockholders of record on July 22, 2016, at a rate of 25 cents per share.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, updates, investor information and all recent press releases on its website, www.apachecorp.com.
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APA-F
SOURCE Apache Corporation
Article Date
5/12/2016Apache Corporation Announces First-Quarter 2016 Financial And Operational Results
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, May 5, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced its financial and operational results for the first quarter of 2016.
Apache reported a net loss of $489 million, or $1.29 per diluted common share, which included noncash, after-tax ceiling test write-downs of $325 million driven primarily by low commodity prices. When adjusted for these and certain additional items that impact the comparability of results, Apache's first-quarter net loss totaled $152 million, or $0.40 per share. Net cash provided by continuing operating activities was approximately $276 million. Cash flow from continuing operations, before changes in operating assets and liabilities, was $435 million, and adjusted EBITDA was $541 million.
John J. Christmann IV, Apache's chief executive officer and president, said, "Apache's first-quarter performance was characterized by notable achievements in operations, drilling and further cost reductions. Despite a continued decline in our drilling activities, we delivered strong production results in North America Onshore. Results in the Permian Basin were particularly strong with solid performance from our base production and very good results from maintenance projects and new drilling. Our relentless focus on costs continues to yield significant results. In our North American Onshore key plays, drilling and completion costs are now down approximately 45 percent from 2014 levels.
"Our substantial well-cost reductions, coupled with the recent improvement in oil prices, have created a better investment environment. As we become more confident in the sustainability of higher oil prices and the resulting increase in cash flow relative to our $35-per-barrel plan, we will increase our capital investment program accordingly. The majority of any additional investment would most likely go to the Permian Basin."
First-quarter operational highlights
During the first quarter, Apache averaged 24 operated rigs and drilled and completed 79 gross-operated wells worldwide. Highlights from Apache's three principal areas include:
2016 outlook
Following strong first-quarter results, the company is raising full-year 2016 North American Onshore production guidance to 268,000 to 278,000 Boe per day, up from initial guidance of 263,000 to 273,000 Boe per day set at the beginning of the year. Accordingly, Apache is also raising full-year 2016 total pro forma production guidance (excluding Egypt noncontrolling interest and tax barrels) by 5,000 Boe per day to 438,000 to 458,000 Boe per day.
Total capital investment during the quarter, excluding Egypt noncontrolling interest, was $466 million, which was below the company's guidance of $500 to $550 million. Apache is reiterating full-year 2016 capital guidance of $1.4 billion to $1.8 billion.
As expected, the company ran a cash-flow deficit for the first quarter but anticipates a cash-flow surplus for the balance of the year. The company remains committed to cash-flow neutrality and ending the year with unchanged or lower net debt.
"Apache's prudent approach during this downturn has allowed us to protect our financial position, maintain appropriate debt levels, preserve our investment-grade credit rating, continue our dividend and refrain from issuing equity, which dilutes existing shareholders. Looking ahead, we will be patient, thoughtful and disciplined with regard to deploying incremental capital such that we continue to maximize full-cycle returns. Longer term, we have the financial capacity, high-quality drilling inventory and organizational infrastructure to deliver competitive growth rates and returns through the cycle," concluded Christmann.
Conference call
Apache will host a conference call to discuss its first-quarter 2016 results at 1 p.m. Central time, Thursday, May 5. The conference call will be webcast from Apache's website, www.apachecorp.com. The webcast replay will be archived on Apache's website.
A replay of the conference call will be available for seven days following the call. The number for the replay is 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13729891.
Sign up for email alerts to be reminded of the webcast at http://investor.apachecorp.com/alerts.cfm.
Additional information
Additional information follows, including reconciliations of adjusted earnings, adjusted EBITDA, net debt, and cash flow from continuing operations before changes in operating assets and liabilities (non-GAAP financial measures) to GAAP measures and information regarding pro forma production. Apache's quarterly supplement is available at www.apachecorp.com/financialdata.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.
Non-GAAP financial measures
Apache's financial information includes information prepared in conformity with generally accepted accounting standards (GAAP) as well as non-GAAP information. It is management's intent to provide non-GAAP financial information to enhance understanding of our consolidated financial information as prepared in accordance with GAAP. Adjusted earnings, adjusted EBITDA, net debt, and cash flow from continuing operations before changes in operating assets and liabilities are non-GAAP measures. This non-GAAP information should be considered by the reader in addition to, but not instead of, the financial statements prepared in accordance with GAAP. Each non-GAAP financial measure is presented along with the corresponding GAAP measure so as not to imply that more emphasis should be placed on the non-GAAP measure.
Forward-looking statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "guidance," and similar references to future periods. These statements include, but are not limited to, statements about future plans, expectations and objectives for Apache's operations, including statements about our capital plans, drilling plans, production expectations, asset sales, and monetizations. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See "Risk Factors" in our 2015 Form 10-K filed with the Securities and Exchange Commission for a discussion of risk factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.
Cautionary note to investors
The United States Securities and Exchange Commission ("SEC") permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable, and possible reserves that meet the SEC's definitions for such terms. Apache may use certain terms in this earnings release, such as "resources," "potential resources," "resource potential," "estimated net reserves," "recoverable reserves," and other similar terms that the SEC guidelines strictly prohibit Apache from including in filings with the SEC. Such terms do not take into account the certainty of resource recovery, which is contingent on exploration success, technical improvements in drilling access, commerciality and other factors, and are therefore not indicative of expected future resource recovery and should not be relied upon. Investors are urged to consider carefully the disclosure in Apache's Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2015, available from Apache at www.apachecorp.com or by writing Apache at: 2000 Post Oak Blvd., Suite 100, Houston, TX 77056 (Attn: Corporate Secretary). You can also obtain this report from the SEC by calling 1-800-SEC-0330 or from the SEC's website at www.sec.gov.
Click here for the full release including the quarterly financial statements.
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APA-F
SOURCE Apache Corporation
Article Date
5/5/2016Apache To Release First-Quarter 2016 Results May 5
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, April 18, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its first-quarter 2016 results on its website, www.apachecorp.com, at 7 a.m. Central time Thursday, May 5, 2016, followed by a conference call to discuss its results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time May 5. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13729891.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.
APA-F
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SOURCE Apache Corporation
Article Date
4/18/2016Energy Companies Pressing Texas Lawsuit against Apache Corp. over Oil and Gas Payment Shortages, Lease Terminations
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
MIDLAND, Texas, April 18, 2016 /PRNewswire/ -- Two Texas-based energy companies and a third from Oklahoma are moving forward with their state district court lawsuit against Houston-based Apache Corp. (NYSE: APA). As described by Apache in its SEC filings, the case involves potential damages of more than $1.1 billion relating to certain purchase and sale agreements, mineral leases, and mutual interest agreements concerning properties located in the Texas counties of Hartley, Moore, Potter and Oldham.
Noted Texas attorneys Zona Jones and Michael Havard of Provost Umphrey Law Firm; Louis K. Bonham of Osha Liang LLP; and Patrick Zummo of the Law Offices of Patrick Zummo recently joined the legal team representing the three companies. Accomplished lawyers David Lauritzen, Bradley Bains and Joe Baker of Cotton Bledsoe Tighe & Dawson, PC, filed the original lawsuit and will continue to represent the same companies.
The dispute centers on contracts Apache signed in 2011 with Texas-based Apollo Exploration LLC and Oklahoma's Cogent Exploration Ltd. Co. and SellmoCo LLC covering a series of oil and gas leases in the Texas Panhandle. Under the contracts, the three companies were entitled to reclaim up to one-third of the interests they sold to Apache. However, the oil and gas companies say Apache never provided the required documents for 2012 and 2013.
The plaintiffs are asking the court to order Apache to provide a proper accounting of the drilling and payout records associated with their contracts since they say Apache has failed to provide proper documentation from the start.
In addition to the requested accounting and the allegations of breach of contract and fraud, the lawsuit also includes claims against Apache for breach of fiduciary duty, negligence, gross negligence and conversion, among others. The case is Apollo Exploration LLC, et al. v. Apache Corp., No. CV-50538, in the 385th District Court in Midland.
For more information, contact Bruce Vincent at 800-559-4534 or bruce@androvett.com.
SOURCE Provost Umphrey Law Firm
Article Date
4/18/2016Apache Releases Fourth-Quarter And Full-Year Financial And Operational Results
Source: PR Newswire
HOUSTON, Feb. 25, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced fourth-quarter and full-year 2015 financial and operational results on its website, www.apachecorp.com. There will be a conference call to discuss the results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will be available for delayed playback by telephone for one week beginning at approximately 4 p.m. Central time Feb. 25. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13719037.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.
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SOURCE Apache Corporation
Article Date
2/25/2016Apache Declares Cash Dividend On Common Shares
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Feb. 4, 2016 /PRNewswire/ -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares.
The dividend on common shares is payable May 23, 2016, to stockholders of record on April 22, 2016, at a rate of 25 cents per share.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, updates, investor information and all recent press releases on its website, www.apachecorp.com.
Logo - http://photos.prnewswire.com/prnh/20140116/DA47435LOGO
APA-F
SOURCE Apache Corporation
Article Date
2/4/2016Apache To Release Fourth-Quarter, Full-Year 2015 Results Feb. 25
Source: PR Newswire
Orignial Article: http://www.prnewswire.com...
HOUSTON, Jan. 25, 2016 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its fourth-quarter and full-year 2015 results on its website, www.apachecorp.com, at 7 a.m. Central time Thursday, Feb. 25, 2016, followed by a conference call to discuss its results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will be available for delayed playback by telephone for one week beginning at approximately 4 p.m. Central time Feb. 25. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 13719037.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google Play Store.
APA-F
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SOURCE Apache Corporation
Article Date
1/25/2016Projects & Assets
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