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.
APA Corporation (Nasdaq: APA) released financial and operational updates for Q2 2021, highlighting various performance metrics. Estimated average realized prices for oil, NGL, and natural gas were $65.00, $22.75, and $2.70 per barrel in the U.S., and $67.00, $38.50, and $3.50 internationally. The company adjusted its production guidance, increasing total adjusted production to 342 Mboe/d, primarily due to well performance in the Midland Basin. However, international production guidance decreased to 101 Mboe/d, impacted by production sharing contracts and maintenance delays.
Apache Corporation, a subsidiary of APA Corporation (Nasdaq: APA), has launched its 2021-2022 Tree Grant Program, inviting non-profits and government agencies in Texas, New Mexico, Louisiana, and Wyoming to apply for tree donations. Last year, the program provided over 64,000 trees to 56 organizations. Since its inception in 2005, it has donated more than 4.8 million trees. Applications are open until August 16, 2021, with grant recipients expected to demonstrate care for the trees. This initiative aligns with Apache's commitment to environmental conservation.
APA Corporation's board has declared a cash dividend of 2.5 cents per share on common shares, payable on August 23, 2021. This dividend will benefit stockholders of record by July 22, 2021. APA Corporation, with operations in the U.S., Egypt, and the U.K., is involved in oil and gas exploration and production, including offshore Suriname.
APA Corporation (Nasdaq: APA) announced its first-quarter 2021 results, which can be accessed via their website. A conference call is scheduled for May 6 at 10 a.m. Central time to discuss these results. This event will be available for later playback. APA Corporation operates in oil and gas exploration and production in the U.S., Egypt, the UK, and offshore Suriname, providing updates and information for investors through their online platforms.
APA Corporation (Nasdaq: APA) announced an agreement with Egypt’s Ministry of Petroleum and Mineral Resources and Egyptian General Petroleum Corporation to modernize Egypt’s petroleum sector. The new Production Sharing Contract (PSC) consolidates major concessions in Egypt’s Western Desert, accounting for over 90% of the company's production in the region. This agreement aims to enhance investment, operational governance, and sustainability projects while facilitating cost recovery and increasing drilling activities. The PSC requires approvals from the Egyptian government and Parliament.
APA Corporation (Nasdaq: APA) provided supplemental financial results for Q1 2021, including average realized prices: U.S. oil at $57.00/bbl and international oil at $61.00/bbl. The company reported a realized gain of $148 million on commodity derivatives and a total adjusted production guidance of 324 Mboe/d, with U.S. production up to 208 Mboe/d. However, international production dropped to 116 Mboe/d due to contract effects and maintenance downtime. APA will host a Q1 earnings call on May 6, 2021, to discuss these results further.
APA Corporation (Nasdaq: APA) has appointed Tracey K. Henderson as the new Senior Vice President of Exploration. Henderson comes from Kosmos Energy, where she was the Chief Exploration Officer and played a significant role in major discoveries, including the Jubilee Field in Ghana and several natural gas projects offshore Mauritania and Senegal. CEO John J. Christmann IV expressed enthusiasm about Henderson's global experience and technical expertise, highlighting her potential impact on recent discoveries offshore Suriname. This appointment follows a previously announced search for the exploration head.
APA Corporation and Total S.A. announced updates on the Keskesi East-1 discovery well offshore Suriname. The well encountered significant pressure increases, prompting a halt in drilling before reaching deeper targets. While hydrocarbons were found in shallower intervals, specific information about deeper targets remains unclear. APA transferred operatorship of Block 58 to Total, holding a 50% interest. This operational update impacts future drilling strategies but does not provide immediate production details.
HOUSTON, March 1, 2021 - APA Corporation (Nasdaq: APA) has completed its transition to a holding company structure, making APA the parent company of Apache Corporation. Each share of Apache stock has converted to a share of APA stock on a one-for-one basis. This reorganization, designed to be tax-free for shareholders, aims to modernize the operating structure and enhance financial flexibility. APA also acquired subsidiaries in Suriname and the Dominican Republic from Apache. The new common stock of APA will start trading on March 2, 2021.
Apache Corporation announced its fourth-quarter and full-year 2020 results on February 24, 2021. The results can be accessed on their website. A conference call is scheduled for February 25 at 10 a.m. Central time to discuss these results, which will be available for playback afterward. Apache operates in the U.S., Egypt, and the U.K., with exploration activities offshore Suriname. For further information, announcements, and investor updates, stakeholders can visit Apache’s official websites.