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Apache Corp (APA)

APA on New York Consolidated

52.50USD
29 Jul 2016
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$0.66 (+1.27%)
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Latest Key Developments (Source: Significant Developments)

Apache Corp to sell Australian operations
Wednesday, 8 Apr 2015 04:36pm EDT 

Apache Corp:Says an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc. for cash payment of $2.1 bln.Says transaction is expected to close mid-year 2015 and is subject to necessary government and regulatory approvals and customary post-closing adjustments. The effective date of the sale is Oct. 0 1, 2014.  Full Article

Apache Corp completes sale of Wheatstone LNG project
Thursday, 2 Apr 2015 08:00am EDT 

Apache Corp:Completes sale of Wheatstone LNG project and accompanying upstream oil and gas reserves to Woodside Petroleum Limited for total proceeds of $2.817 bln.Says under terms of agreement, Apache has sold equity ownership in it's Australian subsidiary, Apache Julimar Pty Ltd, which owns 13 pct interest in Wheatstone LNG project and 65 pct interest in WA-49-L block and includes Julimar/Brunello offshore gas fields and Balnaves oil development.Proceeds are expected to be about $854 mln, which would include $354 mln in adjustments for reimbursement of net expenditures on project, changes in working capital and other contractual adjustments for period between effective date, July 1, 2014, and closing.  Full Article

Apache Corp declares cash dividends on common shares
Friday, 20 Feb 2015 08:00am EST 

Apache Corp:Says Board has declared regular cash dividends on the company's common shares.Says dividend on common shares of 25 cents per share is payable on May 22 to stockholders of record on April 22.  Full Article

Apache Corp announces New Chief Financial Officer
Thursday, 22 Jan 2015 04:05pm EST 

Apache Corp:Announces Stephen Riney will be appointed as Executive Vice President and Chief Financial Officer.  Full Article

Apache announces retirement of Chairman, President and CEO, G. Steven Farris; John J. Christmann, IV, COO North America, to succeed Farris As President and CEO
Tuesday, 20 Jan 2015 08:00am EST 

Apache Corporation:Says G. Steven Farris, 66, Chairman, President And Chief Executive Officer of Apache Corporation has announced his retirement effective Jan. 20.Says Farris will continue as Non-executive Chairman of the board until May 1, at which time he will retire from the board.Says John J. Christmann, IV, 48, Apache's executive vice president and Chief Operating Officer -- North America, will succeed Farris as President and Chief Executive Officer and will join Apache's board effective Jan. 20.Director John Lowe, 54, has been elected to succeed Farris as non-Executive Chairman.  Full Article

Apache Corp declares cash dividend on common shares
Thursday, 18 Dec 2014 08:00am EST 

Apache Corp:Says board has declared the regular cash dividend on its common shares.Says dividend on common shares is payable Feb. 23, 2015, to stockholders of record on Jan. 22, 2015, at a rate of 25 cents per share.  Full Article

Apache Corporation announces sale of Wheatstone and Kitimat LNG projects to Woodside Petroleum Limited
Monday, 15 Dec 2014 08:00am EST 

Apache Corporation:Agrees to sell its interest in two LNG projects, Wheatstone LNG and Kitimat LNG, along with accompanying upstream oil and gas reserves, to Woodside Petroleum Limited for a purchase price of $2.75 bln.Apache will also be reimbursed for its net expenditure in the Wheatstone and Kitimat LNG projects between June 30, and closing which is estimated to be about $1 bln.Under terms of agreement, Apache will sell equity ownership in Australian subsidiary, Apache Julimar Pty Ltd, which owns a 13-percent interest in Wheatstone LNG project and a 65-percent interest in the WA-49-L block which includes Julimar/Brunello offshore gas fields and Balnaves oil development.Transaction, which has an effective date of June 30, will also include Apache's 50-pct interest in the Kitimat LNG project and related upstream acreage in the Horn River and Liard natural gas basins in British Columbia, Canada.  Full Article

Apache Corp announces change in CFO
Tuesday, 14 Oct 2014 04:36pm EDT 

Apache Corp:Says Alfonso Leon, executive vice president and chief financial officer, has resigned to pursue other opportunities.Leon's departure is not related to any issues regarding financial disclosures, accounting or legal matters.Executive Vice President P. Anthony Lannie will serve as interim chief financial officer as the company conducts a search for a new chief financial officer.  Full Article

Apache declares cash dividend on common shares
Thursday, 18 Sep 2014 09:00am EDT 

Apache Corp:Declares regular cash dividend on company's common shares.Dividend on common shares of 25 cents per share.Payable on Nov. 21.Says to stockholders of record on Oct. 22.  Full Article

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Occidental says unaware of any takeover bid for Apache

HOUSTON Shares of U.S. independent oil and gas producer Apache Corp rose more than 3 percent early on Wednesday to $56.84 each, partly on an unverified report it was the takeover target of Occidental Petroleum Corp. .