Edition:
United States

Apache Corp (APA)

APA on New York Consolidated

42.62USD
20 Sep 2017
Change (% chg)

$0.87 (+2.08%)
Prev Close
$41.75
Open
$41.84
Day's High
$43.08
Day's Low
$41.82
Volume
1,825,486
Avg. Vol
3,608,344
52-wk High
$69.00
52-wk Low
$38.14

Summary

Name Age Since Current Position

John Lowe

58 2015 Non-Executive Chairman of the Board

Stephen Riney

56 2015 Chief Financial Officer, Executive Vice President

Paul Lannie

62 2015 Executive Vice President, General Counsel

W. Kregg Olson

63 2009 Executive Vice President - Corporate Reservoir Engineering

Timothy Sullivan

61 2016 Executive Vice President - Operations Support

Rebecca Hoyt

52 2014 Senior Vice President, Chief Accounting Officer, Controller

Brian Freed

2017 Senior Vice President - Midstream and Marketing

Dominic Ricotta

52 2016 Senior Vice President - Human Resources

GRADY ABLES

55 2016 Senior Region Vice President - North Sea and Canada

JAMES HOUSE

55 2016 Senior Region Vice President - Egypt, Mid-Continent, Gulf Coast, Gulf of Mexico, and International New Ventures

Robert Bourne

2017 Vice President - Business Development – Midstream and Marketing

Charles Pitman

74 2013 Lead Independent Director

John Christmann

50 2015 President, Chief Executive Officer, Director

Rene Joyce

69 2017 Director

Annell Bay

61 2014 Independent Director

Chansoo Joung

56 2011 Independent Director

George Lawrence

66 1996 Independent Director

William Montgomery

55 2011 Independent Director

Amy Nelson

47 2014 Independent Director

Rodman Patton

73 1999 Independent Director

Daniel Rabun

62 2015 Independent Director

Peter Ragauss

59 2014 Independent Director

Gary Clark

44 2015 Vice President - Investor Relations

Biographies

Name Description

John Lowe

Mr. John E. Lowe is Non-Executive Chairman of the Board of the Company. Mr. Lowe enjoyed a 30-year career with ConocoPhillips and Phillips Petroleum Company, serving in positions of increasing responsibility during that time. Most recently, he served as assistant to the chief executive officer of ConocoPhillips, a position he held from 2008 until Phillips 66 was spun-off from ConocoPhillips in 2012. Previously, Mr. Lowe held a series of executive positions in the exploration and production, commercial, and planning areas of ConocoPhillips, including executive vice president, exploration and production from 2007 to 2008; executive vice president, Commercial from 2006 to 2007; and executive vice president, planning, strategy, and corporate affairs from 2002 to 2006, a part of which his responsibilities included government relations, public affairs, and corporate technology. Mr. Lowe is a member of the board of directors for Phillips 66, Houston, Texas, and TransCanada Corporation, Calgary, Alberta. He is a senior executive advisor to Tudor, Pickering, Holt & Co. He is a former board member of Agrium Inc., Chevron Phillips Chemical Co. LLC, DCP Midstream LLC, and DCP Midstream GP, LLC, the general partner of DCP Midstream Partners LP.

Stephen Riney

Mr. Stephen J. Riney is the Chief Financial Officer, Executive Vice President of the Company. Prior to joining the Company, he served as chief financial officer for BP Exploration and Production from July 2012 to January 2015, and global head of mergers and acquisitions for BP plc from January 2007 to June 2012.

Paul Lannie

Mr. Paul Anthony Lannie is the Executive Vice President, General Counsel of the Company. He was appointed executive vice president and general counsel in August 2009, and was interim chief financial officer from October 9, 2014 through March 2, 2015. Mr. Lannie served as senior vice president and general counsel since May 2004, and vice president and general counsel since March 2003. Prior to joining the Company, he was president of Kinder Morgan Power Company, Houston, Texas, from 2000 through February 2003, and president of Coral Energy Canada in 1999. Mr. Lannie was senior vice president and general counsel of Coral Energy, an affiliate of Shell Oil Company and Tejas Gas Corporation, from 1995 through 1999, and of Tejas Gas Corporation from 1994 until its combination with Coral Energy in 1998.

W. Kregg Olson

Mr. W. Kregg Olson is the Executive Vice President - Corporate Reservoir Engineering of the Company. He was appointed executive vice president - corporate reservoir engineering in August 2009, having been senior vice president - corporate reservoir engineering since September 2007, and vice president - corporate reservoir engineering since January 2004. Prior to that, Mr. Olson served as director of technical services from 1995 through 2003, and held positions of increasing responsibility within corporate reservoir engineering since joining the Company in 1992. Previously, he was associated with Grace Petroleum Corporation.

Timothy Sullivan

Mr. Timothy J. Sullivan is Executive Vice President - Operations Support of the Company. He was appointed executive vice president – operations support effective January 1, 2016, having been senior vice president – operations support since June 2015. In this role, he supports the Company’s CEO in operational strategy, goal setting, capital allocation, market intelligence, and marketing. Previously, he served as region vice president – Canada, and president of Apache Canada from January 2013 through May 2015, reservoir engineering manager for the Central region from January 1997 to January 2013, and senior reservoir engineer from 1986 through 1996. Prior to joining the Company, Mr. Sullivan worked in various engineering roles for Cotton Petroleum Corporation and Texaco Inc.

Rebecca Hoyt

Ms. Rebecca A. Hoyt is the Senior Vice President, Chief Accounting Officer, Controller of the Company. She was appointed senior vice president, chief accounting officer, and controller in August 2014, having been vice president, chief accounting officer, and controller since November 2010. She previously served as the Company’s vice president and controller since November 2006, assistant controller since 2003, and held positions of increasing responsibility within the accounting area since joining the Company in 1993. Previously, Ms. Hoyt was an audit manager with Arthur Andersen LLP, an independent public accounting firm, from 1992 to 1993.

Brian Freed

Mr. Brian W. Freed has been appointed as Senior Vice President - Midstream and Marketing of the Company. Freed joins Apache from Crestwood Equity Partners LP, where he served as senior vice president of commercial operations, Western United States from 2015 to 2017 and as vice president of crude logistics for Inergy from 2012 to 2015, which merged with Crestwood. In 2002, Freed co-founded and served as president and chief executive officer of Entessa, a highly successful software and consulting company focused in the midstream oil and gas industry through its flagship product, Synthesis. In 2010, he led the merger and recapitalization of Energy Solutions International with Entessa and took the helm as chief executive officer of the combined 150-person company with offices in seven countries. He completed the integration of the company's multinational operations and facilitated a successful exit at a material premium for shareholders when the company was sold to Oaktree Capital. Freed remained with Energy Solutions International as a member of the board and audit committee until the company was sold to Emerson in 2015. In 2011, as vice president of business development, he helped to grow midstream startup Rangeland Energy LLC until its sale to Inergy in 2012. Freed earned his Bachelor of Science in finance from West Virginia University and served with honor and distinction as a field artillery officer in the United States Army, achieving the rank of captain. He is one of the inaugural inductees into the Army ROTC Hall of Fame.

Dominic Ricotta

Mr. Dominic Jude Ricotta is Senior Vice President - Human Resources of the Company. He was appointed senior vice president – human resources in September 2016, having been vice president and associate general counsel since July 2010, and assistant general counsel since May 2007. Prior to joining the Company in 1998, he was a partner in the law firm of Holme, Roberts & Owen LLP.

GRADY ABLES

Mr. Grady L. Ables is Senior Region Vice President - North Sea and Canada of the Company. He was appointed senior region vice president - North Sea and Canada in June 2016, having been region vice president – Canada region and president of Apache Canada since June 2015, and region vice president – central region since July 2014. Prior to joining the Company in 2007 as drilling manager for joint venture Khalda Petroleum Company in Egypt, his experience included 17 years with Total Fina Elf and its predecessor company.

JAMES HOUSE

Mr. JAMES L. HOUSE is the Senior Region Vice President - Egypt, Mid-Continent, Gulf Coast, Gulf of Mexico, and International New Ventures of the Company. He was appointed senior region vice president – Egypt, Mid-Continent, Gulf Coast, Gulf of Mexico, and International New Ventures on June 1, 2016, having been senior region vice president - Houston region since June 1, 2015. He previously served as the UK region vice president and managing director of Apache North Sea from June 2006 through May 2015, Apache North Sea operations director from October 2005 to June 2006, general manager of joint venture Khalda Petroleum Company, Egypt, from April 2001 to October 2005, general manager of Apache Poland from June 1999 to April 2001, general manager of joint ventures Qarun Petroleum Company and East Beni Suef Petroleum, Egypt, from May 1998 to June 1999 and from October 1997 to May 1998, respectively. Prior to that, he held positions of increasing responsibility as a petroleum engineer since joining the Company in 1991. Previously, Mr. House worked for Amoco Production Company as a petroleum engineer in West Texas, Houston, and New Orleans, Louisiana.

Robert Bourne

Mr. Robert W. Bourne is Vice President - Business Development – Midstream and Marketing of the Company. Mr. Bourne has had a strong focus on producer and end-user relations and midstream business development throughout his career. He has been responsible for commercial transactions covering thousands of miles of pipe and associated infrastructure across the United States' Gulf Coast region. From 1984 to 2003, he held positions of increasing responsibility with Shell Trading (formerly Coral Energy), including as senior vice president of producer services and derivative product marketing. Bourne was a founding member of the executive leadership team that oversaw the formation of Coral Energy, a partnership formed by Shell and Tejas/Acadian Gas. His experience also includes serving as senior vice president of business development for American Midstream Partners from 2014 to 2015; a principal of Costar Midstream LLC, an Energy Spectrum Capital company from 2012 to 2014; chief executive officer of Gas Solutions from 2010 to 2012; senior vice president of Energy Transfer Partners responsible for commercial and business development of the Houston Pipeline System from 2005-2009; vice president of Crosstex Energy (now Enlink Midstream) from 2004 to 2005; and gas supply representative for Delhi Gas Pipeline from 1981 to 1984. Mr. Bourne earned his Bachelor of Science in finance from Louisiana State University.

Charles Pitman

Mr. Charles J. Pitman is the Lead Independent Director of the Company. Mr. Pitman retired from BP Amoco plc in late 1999. During his 24-year career at Amoco and BP Amoco, Mr. Pitman served in a variety of leadership positions in the United States and multiple international locations, principally in the Middle East. Notably, Mr. Pitman served as president of Amoco Egypt Oil Company from 1992 to 1996, president of Amoco Eurasia Petroleum Company from 1997 to 1998, and regional president BP Amoco plc - Middle East/Caspian/Egypt/India from December 1998 until his retirement in 1999. Prior to joining Amoco, Mr. Pitman served in the United States Department of State as a Foreign Service officer and attorney-adviser. Since his retirement from BP Amoco, Mr. Pitman served as a non-executive director and chairman of Urals Energy Public Company Limited, an oil exploration and production company operating in Russia, from 2005 until 2009; chairman of the board of First Calgary Petroleums Ltd., an oil and gas exploration company engaged in exploration and development activities in Algeria in 2008; and sole member of Shaker Mountain Energy Associates LLC from 1999 to 2007.

John Christmann

Mr. John J. Christmann, IV, is the President, Chief Executive Officer, Director of the Company. Mr. Christmann previously served as the Company’s executive vice president and chief operating officer, North America, since January 2014. From January 2010 through December 2013, he served as region vice president, Permian Region. From January 2004 through December 2009, he served as vice president, Business Development, and from April through December 2003, he served as production manager for the Gulf Coast Region. Prior to that, Mr. Christmann held various positions of increasing responsibility in the business development area since joining the Company in 1997. Previously, Mr. Christmann was employed by Vastar Resources/ARCO Oil and Gas Company in business development, crude oil marketing, and various production, operational, and reservoir engineering assignments. Mr. Christmann received his bachelor’s degree in petroleum engineering from the Colorado School of Mines and MBA from Southern Methodist University.

Rene Joyce

Mr. Rene R. Joyce has been appointed as Director of the Company. Mr. Joyce currently serves as a director of the midstream company Targa Resources Corporation (“TRC”). Mr. Joyce previously served as executive chairman of the board of TRC between 2012 and 2014 and as chief executive officer of TRC between 2005 and 2011. In addition to his leadership roles with TRC and several of its subsidiaries, Mr. Joyce previously served as president of onshore pipeline operations of Coral Energy, LLC, a subsidiary of Shell Oil Company (“Shell”) and as president of energy services of Coral Energy Holding, L.P. (“Coral”), a subsidiary of Shell which was the gas and power marketing joint venture between Shell and Tejas Gas Corporation (“Tejas”), a natural gas pipeline company. Prior to Shell’s acquisition of Tejas in 1998, Mr. Joyce served as president of various operating subsidiaries of Tejas. Mr. Joyce holds a Bachelor of Science in Mechanical Engineering from Louisiana State University and a J.D. from Loyola University School of Law.

Annell Bay

Ms. Annell R. Bay is an Independent Director of the Company. From July 2011 to April 2014, Ms. Bay served as vice president, Global Exploration, of Marathon Oil Corporation, having previously held the position of senior vice president, Exploration, since June 2008. From August 2004, prior to joining Marathon, Ms. Bay served as vice president, Americas Exploration, of Shell Exploration and Production Company. Prior to joining Shell, Ms. Bay was vice president, Worldwide Exploration, and vice president, North America Exploration, of Kerr-McGee Oil and Gas Corporation, having been with Oryx Energy prior to its merger with Kerr-McGee. Ms. Bay serves as a director of Hunting PLC, a London-based energy service provider, and Verisk Analytics, Inc., a global data analytics provider. She also serves on the advisory boards for the Jackson School of Geology at the University of Texas at Austin, the American Association of Petroleum Geology, and the Independent Petroleum Association of America Education Center.

Chansoo Joung

Mr. Chansoo Joung is an Independent Director of the Company. From 2005 to 2015, Mr. Joung was a partner and then senior advisor at Warburg Pincus LLC. He was responsible for making and monitoring investments in all sectors of the energy industry, including upstream, gas and gas liquids processing and transportation, and electric power. He was also responsible for global coordination of the firm’s renewables activities, including wind, solar, biofuels, and grid storage. From 1987 to 2004, Mr. Joung was employed by Goldman Sachs where he held increasingly senior positions, culminating his 17-year career as head of the Americas Natural Resources Group in the investment banking division. His other leadership responsibilities in the investment banking division included stints as co-head of recruiting and co-head of women’s and diversity recruitment and development. Prior to joining Apache’s board, Mr. Joung served as a director on two other NYSE-listed company boards: Targa Resources Partners, LP, from 2007 to 2011, and Targa Resources Corporation, from 2010 to 2011. He also served as a director on a number of private company boards during his tenure at Warburg Pincus. Currently, Mr. Joung is a consultant for TPH Asset Management, LLC, an affiliate of Tudor, Pickering, Holt & Co.

George Lawrence

Mr. George D. Lawrence is an Independent Director of the Company. From 1990 until May 1996, Mr. Lawrence was president, chief executive officer, and a director of The Phoenix Resource Companies, Inc., an international publicly-owned oil and gas company that merged with Apache in 1996. In 1985, Mr. Lawrence began his oil and gas career with the predecessor to Phoenix, holding management positions with increasing responsibility, culminating in his appointment as president and chief executive officer and his service as a director until the Phoenix and Apache merger. Since retiring from Phoenix, Mr. Lawrence has been a private investor. Prior to entering the oil and gas business, Mr. Lawrence served in the Environmental Enforcement Section of the United States Department of Justice, his last position there being assistant chief.

William Montgomery

Mr. William C. Montgomery, III, is an Independent Director of the Company. From October 2002 to April 2011, Mr. Montgomery was a partner in the investment banking division of Goldman, Sachs & Co., where he headed the firm’s Americas Natural Resources Group as well as its Houston office and was a member of the Investment Banking Services Leadership Group. Over the span of 22 years as an investment banker, Mr. Montgomery focused globally on large-cap energy companies, primarily in the upstream, integrated, and oil service sectors. Since July 2011, Mr. Montgomery has served as a partner of Quantum Energy Partners, a private equity firm that focuses on investments in the energy and power industries. He is a member of Quantum Energy’s executive and investment committees. In October 2015, Mr. Montgomery was elected a director of Enterprise Products Holdings LLC, the general partner of Enterprise Products Partners L.P., and serves on its audit and conflicts committee. Mr. Montgomery has been an active civic leader, chairing the boards of the Houston Museum of Natural Science and the St. Francis Episcopal Day School. He currently serves on the board of trustees of the Kinkaid School, the Episcopal Health Foundation, and the Board of Visitors of the MD Anderson Cancer Center.

Amy Nelson

Ms. Amy H. Nelson is an Independent Director of the Company. Ms. Nelson is the president of Greenridge Advisors, LLC, which she founded in 2007 as an energy services and equipment consulting firm focused on the development, execution, and financing of growth strategies. Ms. Nelson advises her clients on strategy development, capital allocation, acquisition evaluation, and infrastructure development. Her clients span a broad range of oilfield service, product, and geographic markets. From 2000 to 2007, Ms. Nelson served as a vice president of SCF Partners, an oilfield service and equipment-focused private equity firm, where she concentrated on investment strategy, investment execution, and portfolio company management. From 1992 to 1998, Ms. Nelson worked for Amoco Production Company in planning, project management, and engineering roles.

Rodman Patton

Mr. Rodman D. Patton is an Independent Director of the Company. Mr. Patton has over 30 years of experience in oil and gas investment banking and corporate finance activity. From 1993 until April 1999, Mr. Patton served as managing director in the Merrill Lynch Energy Group. Prior to joining Merrill Lynch, he was with The First Boston Corporation (later Credit Suisse First Boston) and Eastman Dillon, Union Securities (later Blyth Eastman Dillon). From 2001 until his retirement in April 2015, Mr. Patton served as a director of NuStar GP, LLC (formerly Valero GP, LLC), San Antonio, Texas, most recently as lead independent director, chairman of its audit committee, and a member of its compensation committee. NuStar GP LLC is the general partner of NuStar Energy L.P. (formerly Valero L.P.), owner and operator of crude oil and refined products pipeline, terminalling, and storage assets.

Daniel Rabun

Mr. Daniel Wayne Rabun is an Independent Director of the Company. From 2007 to his retirement in May 2015, Mr. Rabun served as the chairman of Ensco plc, an offshore drilling services company, based in London. He retired as president and chief executive officer of Ensco in June 2014, having held the office of chief executive officer for more than seven years and president for more than eight years. From 1986 through 2005, prior to joining Ensco, Mr. Rabun was a partner with the international law firm of Baker & McKenzie LLP, where he provided legal advice to oil and gas companies. Mr. Rabun is the non-executive chairman of Golar LNG Ltd. During 2012, he served as chairman of the International Association of Drilling Contractors. Mr. Rabun has also been a certified public accountant since 1976.

Peter Ragauss

Mr. Peter A. Ragauss is an Independent Director of the Company. In November 2014, Mr. Ragauss retired from Baker Hughes after serving eight years as senior vice president and chief financial officer. From 2003 to 2006, prior to joining Baker Hughes, Mr. Ragauss was controller, Refining and Marketing, for BP Plc. From 2000 to 2003, he was chief executive officer for Air BP. From 1998 to 2000, he was assistant to group chief executive for BP Amoco. He was vice president of Finance and Portfolio Management for Amoco Energy International when Amoco Corporation merged with BP. From 1996 to 1998, Mr. Ragauss served as vice president of Finance for El Paso Energy International. He held positions of increasing responsibility at Tenneco, Inc., from 1993 to 1996, and Kidder, Peabody & Co. Incorporated, from 1987 to 1993. In September 2016, Mr. Ragauss was elected a director of The Williams Companies, Inc.

Gary Clark

Mr. Gary T. Clark is Vice President - Investor Relations of the Company. Prior to joining the company, he served as vice president, investor relations and communications for Chesapeake Energy Corporation from November 2013 to August 2014, having been senior director, investor relations, since April 2012. Previously, Mr. Clark was co-portfolio manager for Dynamis Advisors, LLC from October 2005 to March 2012, and senior securities analyst for the State Teachers Retirement System of Ohio from 2001 to 2005.

Basic Compensation