Apache Corporation Declares Cash Dividend on Common Shares
Apache Corporation has declared a regular cash dividend of 2.5 cents per common share, payable on February 22, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Apache Corporation has declared a regular cash dividend of 2.5 cents per common share, payable on February 22, 2021. The record date for shareholders is January 22, 2021. This announcement reflects the company's ongoing commitment to returning value to shareholders during its operations across the United States, Egypt, and the United Kingdom, as well as its exploration activities in Suriname.
Positive
- Declared regular cash dividend of 2.5 cents per share.
- Payment scheduled for February 22, 2021, indicating company confidence.
Negative
- None.
Details
News Market Reaction – APA
The recorded move for APA in the trading session of this news was -3.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Dec. 07, 2020 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (Nasdaq: APA) 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 Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom and exploration activities offshore Suriname. Apache posts announcements, operational updates, investor information and press releases on its website, www.apachecorp.com. Specific information concerning Suriname, ESG performance and other investor-related topics are posted at investor.apachecorp.com.
| Contacts | ||
| Media: | (713) 296-7276 | Phil West |
| Investor: | (281) 302-2286 | Gary Clark |
| Website: | www.apachecorp.com | |
| APA-F |
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