APA Corp (US) Stock Price, News & Analysis

Kinetik Holdings (NYSE:KNTK) has released its 2024 Sustainability Report, showcasing significant environmental and operational achievements. The company reported a 14% reduction in Scope 1 and 2 greenhouse gas emissions and a 50% reduction in methane emissions from their 2021 baseline.

Notable accomplishments include achieving their 2030 methane intensity reduction target six years ahead of schedule, partnering with Infinium for CO2 supply, and receiving EPA approval for their injection wells monitoring plan. The company demonstrated strong safety improvements with a 90% reduction in Lost Time Incident Rate and contributed $1.9 million to nonprofit organizations.

Kinetik Holdings (NYSE:KNTK) has announced its dual listing on NYSE Texas, a new fully electronic equities exchange based in Dallas. While maintaining its primary listing on the New York Stock Exchange, Kinetik will begin trading on NYSE Texas on July 18, 2025, under the same ticker symbol "KNTK".

As a Founding Member of NYSE Texas, Kinetik emphasizes its strong Texas presence with operations in the Permian Basin and dual headquarters in Houston and Midland. The company aims to strengthen its partnerships with NYSE and Texas to support the state's growing economy and energy sector.

Kinetik Holdings (NYSE:KNTK) has declared a quarterly cash dividend of $0.78 per share ($3.12 annualized), payable on August 1, 2025, to shareholders of record as of July 25, 2025.

The company will release its Q2 2025 earnings after market close on August 6, 2025, followed by a conference call on August 7, 2025. Additionally, Kinetik reminds shareholders about its Dividend Reinvestment Plan (DRIP), which allows for automatic dividend reinvestment through Broadridge Corporate Issuers, LLC.

APA Corporation (Nasdaq: APA) has released preliminary Q2 2025 financial data and scheduled its earnings conference call for August 7. Key highlights include average realized prices across regions, with U.S. oil at $64.85/bbl and international oil at $66.20/bbl.

The company completed the sale of its New Mexico assets in June for $575 million, impacting production by 1.8 MBoe/d. APA also strategically curtailed approximately 10 MMcf/d of U.S. natural gas production and 750 barrels per day of natural gas liquids due to weak Waha hub prices. The company reported Egypt tax barrels of 32-33 MBoe/d and expects dry hole costs of $30-35 million.

APA Corporation (Nasdaq: APA) has released its 2025 sustainability publications, showcasing the company's environmental, social, and governance progress throughout 2024. The company has streamlined its reporting into two documents: "Our Approach to Sustainability" and the "2025 Sustainability Progress Report".

Key achievements include exceeding its emissions reduction goal by eliminating 1.24 million tonnes of annualized CO2e emissions through over 50 global projects between 2021 and 2024. The company reported that 97% of its global water usage came from produced water and brackish, nonfresh water sources. APA also achieved its lowest-ever global Total Recordable Incident Rate (TRIR) of 0.16 and allocated 44% of its operating area budgets to local suppliers and contractors.

Permian Resources (NYSE: PR) has successfully completed its previously announced acquisition of strategic assets from APA Corporation (Nasdaq: APA). The acquired assets include leasehold and royalty interests specifically located in Eddy and Lea Counties, New Mexico. This bolt-on acquisition represents an expansion of Permian Resources' presence in the Delaware Basin, a key oil-producing region. However, the press release does not disclose the financial terms of the transaction or specific details about the acquired assets' production capabilities.

APA Corporation (Nasdaq: APA) has announced the promotion of Aneil Kochar to the position of vice president and treasurer, effective May 22, 2025. In his new role, Kochar will lead APA's Treasury department, overseeing global capital structure analysis, financing strategies, risk insurance, banking policies, and cash management. He succeeds Ben C. Rodgers, who was recently promoted to CFO.

Kochar brings significant financial experience in oil and gas, having served as APA's assistant treasurer since 2022 and director of Finance since 2020. His prior experience includes roles as VP Finance and treasurer at Chisholm Oil and Gas, investment professional at EIG Global Energy Partners, and energy investment banking at Morgan Stanley. He holds accounting degrees from the University of Texas at Austin.

APA Corporation (Nasdaq: APA) has announced its board of directors has declared a regular cash dividend of $0.25 per share on the company's common stock. The dividend will be paid on August 22, 2025, to shareholders who are recorded as stockholders as of July 22, 2025. This dividend declaration represents the company's commitment to returning value to its shareholders through regular cash distributions.

Apache Corporation (Nasdaq: APA) has opened applications for its 2025-2026 Tree Grant Program in the United States. The program, which has donated over 5 million trees since 2005, is available to nonprofit organizations and government agencies in Texas and Louisiana. Last season, Apache donated 134,000 trees to 52 nonprofit partners. Recipients must request a minimum of 50 one-gallon to five-gallon trees per project or 1,000 bareroot seedlings, receive them in a single delivery, and maintain them.

The application deadline is July 13, 2025, with grant awards announced on October 1, 2025. Trees must be planted by May 31, 2026. The program recently expanded internationally to Scotland and has partnered with organizations like Houston Wilderness for carbon mitigation efforts and Texas Parks and Wildlife Department for wildlife and parkland protection.