Shares of companies impacted by the price of oil were among the biggest movers in the S&P 500 Monday as crude futures sank after a weekend retaliatory strike against Iran by Israel didn't hit Iran's oil facilities.
Driven by strong initial progress in well performance and overhead, APA raised its Callon synergy target by 66% to $250MM annually, implying a present value worth ~55% of deal value. Management also continues to streamline the business, selling off $950MM worth of non-core U.S. assets, which are expected to lower domestic lease unit costs by ~10%. With the first Suriname FPSO now officially san...
HOUSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announces the retirement of executive vice president and general counsel Anthony Lannie, effective Oct. 9, 2024. David J. Bernal has been promoted to vice president Legal and acting general counsel.
HOUSTON, Oct. 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the third-quarter 2024. It is provided to assist investors, analysts and...
More than 134,000 trees to be donated across diverse eco-regions in Texas, New Mexico and Louisiana More than 134,000 trees to be donated across diverse eco-regions in Texas, New Mexico and Louisiana
APA Corporation, formerly Apache, is a mid-sized oil and gas company with operations in the US, Egypt, and North Sea. Major events in 2024 include an acquisition adding production in the Permian Basin, and a development commitment for offshore Surinam. APA currently offers a 3.7% dividend and a potential 30% capital gain.
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