Apache Declares Cash Dividend on Common Shares
Apache Corporation (Nasdaq: APA) has declared a regular cash dividend of 2.5 cents per share on its common stock, payable on November 23, 2020.
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 (Nasdaq: APA) has declared a regular cash dividend of 2.5 cents per share on its common stock, payable on November 23, 2020. Stockholders of record as of October 22, 2020 will receive this dividend. This announcement signifies Apache's commitment to returning value to its shareholders despite current market conditions. The company operates in oil and gas exploration and production across the United States, Egypt, and the UK, with additional offshore exploration activities in Suriname.
Positive
- Declaration of a dividend of 2.5 cents per share, indicating commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – APA
The recorded move for APA in the trading session of this news was +4.69%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, Sept. 16, 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 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 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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