Apache Declares Cash Dividend on Common Shares
The board of directors of Apache Corporation has announced a regular cash dividend of 2.5 cents per share on its common shares.
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
The board of directors of Apache Corporation has announced a regular cash dividend of 2.5 cents per share on its common shares. This dividend is payable on August 21, 2020, to shareholders holding stock as of July 22, 2020. Apache operates in oil and gas exploration and production, with activities in the United States, Egypt, the United Kingdom, and offshore Suriname, showcasing its extensive operational footprint.
Positive
- Regular cash dividend declared at 2.5 cents per share.
- Dividend payment scheduled for August 21, 2020, indicating company confidence.
Negative
- None.
Details
News Market Reaction – APA
The recorded move for APA in the trading session of this news was -3.45%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, May 14, 2020 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared a regular cash dividend on the company's common shares.
The dividend on common shares is payable Aug. 21, 2020, to stockholders of record on July 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.
Contacts
Media: (713) 296-7276 Phil West
Investor: (281) 302-2286 Gary Clark
Website: www.apachecorp.com
APA-F
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