Welcome to our dedicated page for APA (US) news (Ticker: APA), a resource for investors and traders seeking the latest updates and insights on APA (US) stock.
APA Corporation (NASDAQ: APA) is an upstream oil and natural gas company whose news flow reflects its role in the crude petroleum and natural gas extraction industry. The company regularly issues press releases and SEC filings that cover exploration and production activities, regional developments and financial performance across its portfolio.
According to APA, its subsidiaries explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom, and explore for oil and natural gas offshore Suriname and elsewhere. News about APA often highlights operational updates in these regions, including realized prices by area, production curtailments in response to regional price conditions and payments related to its longstanding partnership with the Egyptian General Petroleum Corporation.
Investors following APA news can expect updates on quarterly financial and operating results, supplemental information on realized prices and regional metrics, and announcements of regular cash dividends on common shares. The company also reports on governance developments, such as the appointment of a new vice president, Chief Accounting Officer and Controller, along with details of that role’s responsibilities and compensation structure as disclosed in Form 8-K filings.
APA’s subsidiary Apache Corporation contributes additional news related to environmental and community initiatives, including the Apache Tree Grant Program, which donates trees to nonprofit organizations and government agencies in the company’s operational areas. These stories provide context on how APA associates its upstream business with environmental stewardship and community engagement.
This news page aggregates APA-related press releases, regulatory disclosures and other coverage so readers can review the company’s latest announcements on operations, regional developments, dividends, governance changes and community programs in one place.
The board of directors of APA Corporation (Nasdaq: APA) has announced a regular cash dividend of 25 cents per share on its common stock. This dividend is scheduled for payment on May 22, 2023, to shareholders recorded on April 21, 2023. APA Corporation is engaged in the exploration and production of oil and natural gas across several regions including the United States, Egypt, the United Kingdom, Suriname, and the Dominican Republic. For more information, visit www.apacorp.com.
APA Corporation (Nasdaq: APA) provided updates on its fourth-quarter 2022 financial results. Key highlights include an estimated average realized oil price of $84.00 per barrel in the U.S. and $88.00 internationally. The company reported a realized loss of $23 million on commodity derivatives and dry hole costs estimated between $75 million and $85 million. However, there were net gains of $75 million on oil and gas purchases. APA repurchased 12.1 million shares at an average price of $44.40, with a weighted average of 324 million shares outstanding. A conference call to discuss further details is scheduled for February 23, 2023.
APA Corporation (Nasdaq: APA) has declared a regular cash dividend of 25 cents per share on its common stock. This dividend is payable on February 22, 2023, to shareholders recorded as of January 23, 2023. The company focuses on the exploration and production of oil and natural gas in the U.S., Egypt, and the U.K., and also explores offshore Suriname and in the Dominican Republic. For further details on operational updates and investor information, visit www.apacorp.com.
APA Corporation (Nasdaq: APA) updated its exploration activities in Block 58 offshore Suriname, where it holds a 50% interest alongside TotalEnergies. Drilling concluded at the Awari exploration prospect, which was deemed noncommercial. The company will commence flow-test operations at the Sapakara South-2 (SPS-2) appraisal well, with results expected next month. SPS-2 is located 4.6 kilometers from Sapakara South-1. APA continues to explore oil and natural gas across several regions, including the US, Egypt, and the UK.
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Kinetik Holdings reported a strong third quarter for 2022, achieving a net income of $49.4 million and an Adjusted EBITDA of $212.4 million. The company processed a record 1.2 Bcf/d of natural gas. Kinetik has reaffirmed its 2022 guidance for Pro Forma Adjusted EBITDA of $820 to $840 million and capital expenditures of $280 to $300 million. The acquisition of the Brandywine NGL pipeline enhances Kinetik's system. Kinetik declared a quarterly dividend of $0.75 per share, with a significant number of shares reinvested.
APA Corporation (Nasdaq: APA) has entered a multi-year partnership with the Clean Cooking Alliance (CCA) to enhance access to clean cooking solutions globally. This initiative aims to support early-stage entrepreneurs in the clean cooking sector through technical support, funding, and networking opportunities. The program, expected to launch by Q1 2023, aligns with the United Nations Sustainable Development Goal 7, focusing on affordable and sustainable energy access. The partnership highlights APA's commitment to social investment and addressing energy poverty for 2.4 billion people reliant on non-clean cooking methods.
APA Corporation (Nasdaq: APA) announced its third-quarter 2022 financial and operational results on November 2, 2022. The detailed results are accessible on its websites. A conference call is scheduled for November 3 at 10 a.m. Central time to discuss these results, with a replay available for one year thereafter. The company operates in oil and natural gas exploration and production across the U.S., Egypt, the U.K., Suriname, and the Dominican Republic.
Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), has donated over 245,000 trees to 40 nonprofit organizations through its annual Tree Grant Program.
Since 2005, the program has provided over 5 million trees to more than 900 partners across the U.S. The initiative celebrates its 5 millionth tree delivery this year, promoting environmental stewardship through various community projects.
Planting will occur between October 2022 and May 2023, enhancing habitats and beautifying communities in states like Texas, New Mexico, Louisiana, and Wyoming.
APA Corporation (Nasdaq: APA) released supplemental information on its estimated financial and operational results for Q3 2022, highlighting average realized prices for oil, NGL, and natural gas. U.S. production is expected to exceed previous guidance, while international volumes are anticipated to fall short due to North Sea production issues. The report also notes a realized loss on derivatives of $2 million and dry hole costs of $75 million. APA will discuss these results in a conference call scheduled for November 3, 2022.