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APA Group (APA.AX)

APA.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Armour Energy executes connection agreement with APA Group
Sunday, 5 Mar 2017 05:38pm EST 

Armour Energy Ltd : Connection agreement with APA Group . Armour has executed a connection agreement with apa group . Agreement further underpins restart of Kincora project .Deal provides co access to Roma Brisbane Pipeline at Wallumbilla which will allow co to supply gas to Australia Pacific LNG.  Full Article

APA Group announces execution of a non-binding heads of agreement with Cooper Energy
Sunday, 26 Feb 2017 05:15pm EST 

Apa Group : co and Cooper Energy announce execution of a non-binding heads of agreement aligning two companies in the development of Gippsland basin. . APA will fund all capital expenditure associated with the expansion and upgrade of the plant to process natural gas from the sole gas project . capital expenditure for the upgrade is anticipated to be approximately a$250 million .capital expenditure for the offshore development is anticipated to be approximately a$355 million.  Full Article

Apa Group HY revenue up 12.4% to $1.18 billion
Tuesday, 21 Feb 2017 05:03pm EST 

Apa Group - : Hy revenue up 12.4% to $1.18 billion . Interim distribution proposed 20.50 cps . Hy statutory and normalised profit after tax up 40.5% to $139.830 million . Full year ebitda to 30 june 2017 is likely to be at upper end of $1,425 million to $1,445 million . Distributions per security for 2017 financial year are expected to be in order of 43.5 cents per security .Net interest cost is expected to be in a range of $510 million to $520 million for 2017 financial year.  Full Article

APA group expands renewables portfolio with new wind farm
Tuesday, 21 Feb 2017 02:02am EST 

Apa Group : APA expands renewables portfolio with new wind farm . Entered into a long- term offtake agreement with Alinta Sales Pty Ltd . Agreement is for Alinta to purchase all of energy and large-scale renewable generation certificates generated by wind farm .Approximate $315 million capital cost will be funded from APA's currently available cash and operating cash flows.  Full Article

APA Group issues A$200 million medium term notes
Thursday, 13 Oct 2016 12:45am EDT 

APA Group :APA issues A$200 million medium term notes.  Full Article

APA Group expands its east coast grid
Monday, 5 Sep 2016 07:56pm EDT 

APA Group : APA expands its east coast grid . APA has entered into a 20-year contract with Australia Pacific Lng Marketing Pty Limited . Says total cost of the construction is expected to be in the order of $80 million . Says contract to provide a bi- directional service of up to 300 tj/d on the new pipeline . Will further expand its east coast gas grid with the construction of a new gas transmission pipeline .  Full Article

APA Group updates on 2017 guidance
Tuesday, 23 Aug 2016 07:46pm EDT 

APA Group : Total distributions per security for the 2017 financial year are expected to be in the order of 43.5 cents per security . Sees FY 2017 EBITDA from continuing businesses $1.43 billion to $1.44 billion . Says FY 2017 net interest cost is expected to be in a range of $510 million to $520 million .  Full Article

Australian Pipeline says full-year statutory revenue rises 34.8 percent
Tuesday, 23 Aug 2016 07:36pm EDT 

APA Group : Australian pipeline - 2016 annual financial results . FY statutory EBIT $809.7 million, down 23.7 percent . Says FY statutory revenue up 34.8 percent to $2.09 billion . Says proposed final dividend 22.50 cents per security .  Full Article

APA Group estimates final distribution of 22.5 cents per security for 6 months ending 30 June 2016
Wednesday, 22 Jun 2016 06:45pm EDT 

APA Group : Says estimated final distribution of 22.5 cents per stapled security for the six months ending 30 June 2016 .  Full Article

Australian Pipeline announces cash offer for EPX
Sunday, 6 Mar 2016 05:15pm EST 

Australian Pipeline Ltd:APA announces recommended cash offer for EPX.Under the terms of the offer, EPX securityholders will receive A$1.88 cash per EPX security.Says the offer price plus the March 2016 distribution of 3.25 cents per epx security.Offer price implies a total equity value of approximately A$130.3M for epx.The independent directors of EPX have unanimously agreed to recommend APA's offer in the absence of a superior offer.APA will fund the offer with a mix of existing cash reserves and debt facilities.  Full Article

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