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Apache Corp (APA.N)

APA.N on New York Stock Exchange

33.57USD
26 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Apache Corp Announces Temporary Deferral Of Alpine High Natural Gas Production
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Apache Corp ::APACHE CORPORATION ANNOUNCES TEMPORARY DEFERRAL OF ALPINE HIGH NATURAL GAS PRODUCTION IN RESPONSE TO RECENT PRICING AT WAHA HUB.APACHE CORP - NO CHANGE EXPECTED TO ALTUS MIDSTREAM COMPANY'S (ALTUS) 2019 EBITDA GUIDANCE RANGE.APACHE CORP - CRYOGENIC PROCESSING BUILDOUT AT ALPINE HIGH IS PROGRESSING AHEAD OF SCHEDULE.APACHE CORP - CRYOGENIC PROCESSING BUILDOUT AT ALPINE HIGH IS PROGRESSING AHEAD OF SCHEDULE.APACHE CORP - REITERATES ALPINE HIGH 2019 EXIT RATE GUIDANCE OF GREATER THAN 100 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY (MBOE/D).APACHE CORP - PRODUCTION DEFERRALS DESIGNED TO POSITIVELY IMPACT APACHE'S CASH FLOW IN NEAR TERM.APACHE CORP - CURRENT DEFERRALS REPRESENT APPROXIMATELY 250 MILLION CUBIC FEET (MMCF) PER DAY OF GROSS GAS PRODUCTION.APACHE - ANTICIPATE RELATIVELY WIDE AND VOLATILE NATURAL GAS PRICE DIFFERENTIALS IN PERMIAN BASIN UNTIL GULF COAST EXPRESS PIPELINE ENTERS SERVICE.  Full Article

Apache Corp Sees Q1 Egypt Tax Barrels 28,000 To 30,000 BOE Per Day
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Apache Corp ::APACHE CORP SEES FIRST-QUARTER EGYPT TAX BARRELS 28,000 TO 30,000 BOE PER DAY.APACHE CORP SEES Q1 REALIZED GAIN ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $15 MILLION.APACHE CORP SEES Q1 UNREALIZED LOSS ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $39 MILLION.APACHE CORP SEES Q1 DRY HOLE COSTS (BEFORE TAX) $10 TO $15 MILLION.  Full Article

Apache Corp Says CEO John J. Christmann Iv's 2018 Total Compensation Was $15.2 Million Versus $14.4 Million In 2017 – SEC Filing
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Apache Corp ::APACHE CORP SAYS CEO JOHN J. CHRISTMANN IV'S 2018 TOTAL COMPENSATION WAS $15.2 MILLION VERSUS $14.4 MILLION IN 2017 – SEC FILING.APACHE CORP SAYS CFO STEPHEN J. RINEY'S 2018 TOTAL COMPENSATION WAS $6.2 MILLION VERSUS $5.7 MILLION IN 2017.APACHE CORP - ESTIMATE OF RATIO OF ANNUAL TOTAL COMPENSATION OF CEO TO ANNUAL TOTAL COMPENSATION OF MEDIAN EMPLOYEE FOR 2018 WAS 96:1.  Full Article

Apache Corp - Provides Q1 2019 Forecast
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Apache Corp ::APACHE CORP -SEES Q1 2019 TOTAL ADJUSTED PRODUCTION OF 425 MBOE PER DAY.APACHE CORP -SEES UPSTREAM CAPITAL INVESTMENTS OF $625 MILLION IN Q1 2019.  Full Article

Apache Corp Reports Fourth Quarter Results
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Apache Corp ::APACHE REPORTED A LOSS OF $381 MILLION OR $1.00 PER DILUTED COMMON SHARE DURING THE FOURTH-QUARTER 2018..QTRLY DELIVERED REPORTED PRODUCTION OF 482,000 BARRELS OF OIL EQUIVALENT (BOE) PER DAY.QTRLY ADJUSTED EARNINGS PER SHARE $0.31.QTRLY DELIVERED ADJUSTED PRODUCTION, WHICH EXCLUDES EGYPT NONCONTROLLING INTEREST AND TAX BARRELS, WAS 421,000 BOE PER DAY.SEES 2019 ANNUAL ADJUSTED PRODUCTION GUIDANCE 425,000 TO 440,000 BOE PER DAY.QTRLY TOTAL AVERAGE OIL PRICE $58.37 PER BARREL VERSUS $58.36 PER BARREL, REPORTED LAST YEAR.QTRLY OIL AND GAS PRODUCTION REVENUES $1,703 MILLION VERSUS $1,640 MILLION REPORTED LAST YEAR.ESTABLISHED 2019 UPSTREAM CAPITAL BUDGET OF $2.4 BILLION.QTRLY TOTAL AVERAGE NATURAL GAS PRICE $2.57 PER MCF VERSUS $2.90 PER MCF, REPORTED LAST YEAR.Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $1.77 BILLION -- REFINITIV IBES DATA.REITERATING FOURTH-QUARTER 2019 EXIT RATE GUIDANCE.QTRLY TOTAL PRODUCTION WAS 482,298 BOE PER DAY VERSUS 440,201 BOE PER DAY REPORTED LAST YEAR.U.S., WILL RECEIVE APPROXIMATELY 75 PERCENT OF 2019 TOTAL UPSTREAM INVESTMENT.INTERNATIONALLY, APACHE EXPECTS PRODUCTION TO DECLINE 2 TO 4 PERCENT OVER 2019.LOOKING FORWARD THROUGH 2021, EXPECT TO SPEND BETWEEN $2.5 TO $2.8 BILLION PER YEAR, ASSUMING $50 TO $55 WTI.  Full Article

Apache Corp Reports Dividend At A Rate Of 25 Cents Per Share, Payable By May 22
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Apache Corp ::APACHE DECLARES CASH DIVIDEND ON COMMON SHARES.APACHE CORP - DIVIDEND ON COMMON SHARES IS PAYABLE MAY 22, 2019 AT A RATE OF 25 CENTS PER SHARE ON CORPORATION'S COMMON STOCK.  Full Article

Apache Announces 2019 Capital Budget And Production Outlook
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Apache Corp ::APACHE ANNOUNCES 2019 CAPITAL BUDGET AND PRODUCTION OUTLOOK.ESTABLISHES 2019 UPSTREAM CAPITAL BUDGET OF $2.4 BILLION, 70 TO 75 PERCENT OF WHICH WILL BE ALLOCATED WITHIN UNITED STATES.EXPECTS FY 2019 TOTAL ADJUSTED PRODUCTION TO TREND TO MIDPOINT OF PREVIOUSLY DISCLOSED GUIDANCE RANGE.SEES 5 PERCENT PERMIAN OIL GROWTH FROM FOURTH-QUARTER 2018 TO FOURTH-QUARTER 2019.TARGETS CASH-FLOW NEUTRALITY, INCLUSIVE OF DIVIDEND, AT AN ASSUMED WTI OIL PRICE OF $53 PER BARREL FOR 2019.SEES Q4 2018 TO Q4 2019 PRODUCTION INCREASES OF 6 TO 10 PERCENT ON A TOTAL COMPANY-ADJUSTED BASIS.2019 BUDGET EXCLUDES PLANNED CONSOLIDATED ACTIVITIES OF ALTUS MIDSTREAM COMPANY.  Full Article

Apache Corp Sees Q4 Egypt Tax Barrels 23,000 To 25,000 BOE Per Day
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Apache Corp ::APACHE CORP SEES Q4 EGYPT TAX BARRELS 23,000 TO 25,000 BOE PER DAY.APACHE CORP SEES Q4 REALIZED GAIN ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $14 MILLION.APACHE CORP SEES Q4 UNREALIZED GAIN ON OIL AND GAS PRICE DERIVATIVES (BEFORE TAX) $15 MILLION.APACHE CORP SEES Q4 DRY HOLE COSTS OF $80 TO $85 MILLION.APACHE CORP - Q4 DRY HOLE COSTS TO INCLUDE ABOUT $54 MILLION FOR HISTORICAL EXPLORATION INVESTMENTS IN U.K. NORTH SEA THAT CO NO LONGER PLANS TO DEVELOP.  Full Article

Apache And Altus Midstream Announce New Altus Midstream CEO
Wednesday, 16 Jan 2019 

Apache Corp ::APACHE AND ALTUS MIDSTREAM ANNOUNCE NEW ALTUS MIDSTREAM CEO.APACHE CORP - APPOINTMENT OF CLAY BRETCHES AS CEO OF ALTUS MIDSTREAM, EFFECTIVE IMMEDIATELY.APACHE - BRETCHES WILL ALSO SERVE AS A MEMBER OF ALTUS BOARD OF DIRECTORS AND AS APACHE'S SENIOR VICE PRESIDENT, U.S. MIDSTREAM OPERATIONS.APACHE CORP - BRIAN FREED, CEO OF ALTUS SINCE ITS INCEPTION, WILL CONTINUE IN HIS ROLE AS APACHE'S SENIOR VICE PRESIDENT, MIDSTREAM AND MARKETING.  Full Article

Baillie Gifford & Co Reports 6.42 Pct Passive Stake In Apache Corp As Of Dec 31, 2018 - SEC Filing
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Baillie Gifford & Co::BAILLIE GIFFORD & CO REPORTS 6.42 PERCENT PASSIVE STAKE IN APACHE CORP AS OF DEC 31, 2018 - SEC FILING.  Full Article

UPDATE 2-Apache delays production of Permian natural gas after weak prices

April 23 Oil and gas producer Apache Corp said on Tuesday it temporarily halted production at its Alpine High assets in the Permian basin late March, curtailing output of about 250 million cubic feet of natural gas per day because of extremely low prices.