Articles from APA Corporation

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain fourth-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 fourth-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect fourth-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for fourth-quarter 2024.

HOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the final results as of 5:00 p.m., New York City time, on January 7, 2025 (the “Expiration Time”) of the previously announced (i) offers to exchange (the “Exchange Offers”) any and all validly tendered and accepted notes and debentures listed in the table below issued by Apache Corporation, its wholly-owned subsidiary (“Apache”), for new notes to be issued by APA (the “APA Notes”), (ii) offers to purchase for cash (the “Tender Offers” and together with the Exchange Offers, the “Offers”) up to $1,000,000,000 aggregate principal amount of any and all validly tendered and accepted Apache Notes of certain series (the “Apache Tender Notes”), and (iii) solicitations of consents (the “Consent Solicitations”) to certain proposed amendments (the “Proposed Amendments”) to the applicable indenture under which each series of Apache Notes was issued. APA also announced today that it has waived the Financing Condition in connection with the pricing of its previously announced private notes offering further described below.

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today that it has priced $350 million in aggregate principal amount of 6.10% notes due 2035 and $500 million in aggregate principal amount of 6.75% notes due 2055 (collectively, the “Notes”) in a private offering (the “Private Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

HOUSTON, Jan. 07, 2025 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today that it intends to offer, subject to market and other conditions, a series of senior notes due 2035 and a series of senior notes due 2055 (collectively, the “Notes”) in a private offering (the “Private Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

HOUSTON, Jan. 06, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced key updates to its executive leadership and corporate officers.

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the pricing terms for the previously announced cash tender offers (the “Tender Offers”) to purchase up to $1,000,000,000 aggregate principal amount (the “Maximum Purchase Amount”) of validly tendered and accepted notes issued by Apache Corporation, its wholly-owned subsidiary (“Apache”), listed in the table below (collectively, the “Apache Tender Notes”).

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the extended early results as of 5:00 p.m., New York City time, on December 20, 2024 (the “Extended Early Consent Date”) of the previously announced (i) offers to exchange (the “Exchange Offers”) any and all validly tendered and accepted notes and debentures listed in the table below issued by Apache Corporation, its wholly-owned subsidiary (“Apache”), for new notes to be issued by APA (the “APA Notes”), (ii) offers to purchase for cash (the “Tender Offers” and together with the Exchange Offers, the “Offers”) up to $1,000,000,000 aggregate principal amount of any and all validly tendered and accepted Apache Notes of certain series (the “Apache Tender Notes”), and (iii) solicitations of consents (the “Consent Solicitations”) to certain proposed amendments (the “Proposed Amendments”) to the applicable indenture under which each series of Apache Notes was issued. Additionally, APA announced that the Series Cap for the 2043 Notes has been increased to $196,043,000 and the Series Cap for the 2044 Notes has been increased to $110,002,000.

HOUSTON, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today the early results as of 5:00 p.m., New York City time, on December 16, 2024 (the “Original Early Consent Date”) of the previously announced (i) offers to exchange (the “Exchange Offers”) any and all validly tendered and accepted notes and debentures listed in the table below issued by Apache Corporation, its wholly-owned subsidiary (“Apache”), for new notes to be issued by APA (the “APA Notes”), (ii) offers to purchase for cash (the “Tender Offers” and together with the Exchange Offers, the “Offers”) up to $1,000,000,000 aggregate principal amount of any and all validly tendered and accepted Apache Notes of certain series (the “Apache Tender Notes”), and (iii) solicitations of consents (the “Consent Solicitations”) to certain proposed amendments (the “Proposed Amendments”) to the applicable indenture under which each series of Apache Notes was issued. Additionally, APA announced that the date by which Eligible Holders (as defined in the Offering Memorandum referred to below) must validly tender their Apache Notes to receive the Exchange Total Consideration or the Tender Total Consideration (each as described below), as applicable, for each Offer has been extended to 5:00 p.m., New York City time, on December 20, 2024 (the “Extended Early Consent Date”). The Offers and Consent Solicitations will now expire at 5:00 p.m., New York City time, on January 7, 2025 (the “Expiration Time”), and the Offers are now expected to settle on January 10, 2025 (the “Settlement Date”).

HOUSTON, Nov. 06, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced third-quarter 2024 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) announced today that it has commenced offers to (i) exchange (the “Exchange Offers”) any and all validly tendered and accepted notes issued by Apache Corporation, its wholly-owned subsidiary (“Apache”), for new notes to be issued by APA as described in the table below titled “Exchange Offers” and (ii) purchase for cash (the “Tender Offers” and together with the Exchange Offers, the “Offers”) up to $1,000,000,000 aggregate principal amount of any and all validly tendered and accepted Apache notes listed in the table below titled “Tender Offers” (collectively, the “Apache Tender Notes”), subject to the applicable Series Cap and the Maximum Purchase Amount (each as defined below), in each case for the consideration described in the Offering Memorandum (as defined below) and summarized in the respective tables below. Only holders who have duly completed and returned an eligibility letter certifying that they are either (1) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) or (2) a non-“U.S. person” (as defined in Rule 902 under the Securities Act) located outside of the United States and who is a “Non-U.S. qualified offeree” (as defined in the eligibility letter) are authorized to receive the Offering Memorandum and to participate in the Offers (each such holder, an “Eligible Holder”). The eligibility letter is available electronically at www.dfking.com/apache. Capitalized terms used in this release but not otherwise defined have the meaning given in the Offering Memorandum.

HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced the appointment of Kenneth M. Fisher to its board of directors.

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 others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect third-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for third-quarter 2024.

PARAMARIBO, Suriname, Oct. 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today that its subsidiary has reached a positive final investment decision (FID) for the first oil development in Block 58, located offshore Suriname. The project has been named GranMorgu, which is derived from a local language and means both “new dawn” and “goliath grouper.”

HOUSTON, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today entry into an agreement for the sale of non-core producing properties in the Permian Basin to an undisclosed buyer for $950 million, prior to customary closing adjustments. The properties are located in the Central Basin Platform, Texas and New Mexico Shelf, and Northwest Shelf and currently represent estimated net production of 21,000 barrels of oil equivalent per day (boe/d), of which approximately 57% is oil. Proceeds from this sale will be used primarily to reduce debt. The effective date of the transaction is July 1, 2024, and the transaction is expected to close during the fourth-quarter 2024.

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced second-quarter 2024 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2024 Sustainability Report. Highlights from the report include the achievement of key Environmental, Social and Governance (ESG) goals in 2023 and progression of the company’s sustainability initiatives and emissions reduction efforts. The full report is available on APA’s website.

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-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 second-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect second-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for second-quarter 2024.

HOUSTON, May 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today the sale of non-core producing properties by Apache Corporation and certain of its subsidiaries in two separate transactions with aggregate proceeds of more than $700 million, prior to customary closing adjustments. Combined, the properties represent estimated net production in the first-quarter 2024 of 13,000 barrels of oil equivalent per day (Mboe/d), of which just over one-third is oil. Proceeds from these asset sales will be used primarily to reduce nearer-term borrowings. Closing for both sales is expected early in the third-quarter 2024.

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2024 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, April 10, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain first-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 first-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect first-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for first-quarter 2024.

HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum. The changes are effective immediately.

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the appointment of Matthew Bob and Anya Weaving to its board of directors.

HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQAPA) announced today that its acquisition of Callon Petroleum Company NYSE: CPENYSECPE)

HOUSTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQAPA) announced today that the applicable statutory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on Feb. 22, 2024. Assuming both APA and Callon shareholder approvals are obtained, the closing of the acquisition is expected to occur on or about April 1, 2024. APA and Callon have scheduled separate shareholder meetings for March 27, 2024, for their respective shareholders to vote on the transaction. APA shareholders can join the virtual meeting by registering in advance at www.proxydocs.com/APA.

HOUSTON, Feb. 21, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced fourth-quarter and full-year 2023 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Jan. 23, 2024 (GLOBE NEWSWIRE) --  APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain fourth-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the fourth-quarter 2023. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect fourth-quarter 2023 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for fourth-quarter 2023.

HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today that Stephen J. Riney has been promoted to president and chief financial officer. Riney has served as executive vice president and chief financial officer since joining APA in 2015.

HOUSTON, Jan. 04, 2024 (GLOBE NEWSWIRE) --  APA Corporation (“APA” or the “Company”) (NASDAQAPA) and Callon Petroleum Company (“Callon”) NYSE: CPENYSECPE)

HOUSTON, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced third-quarter 2023 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2023 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 2023. It is provided to assist investors, analysts, and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect third-quarter 2023 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for third-quarter 2023.

HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the achievement of an environmental, social and governance (ESG) goal to convert more than 2,000 pneumatic devices to instrument air or through-valve retrofit in its U.S. operations. The goal was reached three months ahead of schedule, and results in an estimated annualized methane reduction of 1,000 tonnes or 25,000 tonnes of carbon dioxide equivalents.

HOUSTON, Sept. 13, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the operator of Block 58, with a 50% interest, alongside APA (50%).

HOUSTON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Aug. 02, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced second-quarter 2023 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, July 11, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2023 Sustainability Report. Highlights from the report include the achievement of key Environmental, Social and Governance (ESG) goals in 2022 and progression of the company’s ESG initiatives and long-term emissions reduction efforts. The full report is available on APA’s website.

HOUSTON, July 10, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain second-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the second-quarter 2023. It is provided to assist investors, analysts, and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect second-quarter 2023 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for second-quarter 2023.

HOUSTON, June 14, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq:APA) today announced Scott Grandt has been named senior vice president, Corporate Development; effective June 12.

HOUSTON, May 23, 2023 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2023 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, April 06, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain first-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first-quarter 2023. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect first-quarter 2023 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for first-quarter 2023.

HOUSTON, March 01, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the company’s 2023 short- and long-term environmental, social and governance (ESG) goals, which include performance metrics tied directly to employee incentive compensation. These goals significantly advance and expand upon the company’s prior ESG efforts and accomplishments in the areas of workforce safety and environmental stewardship.

HOUSTON, March 01, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) announced today that the company has joined the Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the United Nations’ Environment Programme’s flagship oil and gas reporting and mitigation program. OGMP 2.0 engages with oil and gas companies on methane emissions reduction and helps improve the accuracy and transparency of methane emissions reporting. It is the only comprehensive, measurement-based international reporting framework for the sector.

HOUSTON, Feb. 22, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced fourth-quarter and full-year 2022 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, Feb. 14, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) has been named by FORTUNE magazine as one of the World’s Most Admired Companies for a fifth time. APA ranked fifth this year among international energy exploration companies.

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the successful drilling and flow testing of the Sapakara South-2 (SPS-2) appraisal well, the second appraisal well to test the previously announced discovery. The well is located approximately 4.6 kilometers (3 miles) south of the Sapakara South-1 (SPS-1) appraisal well.

HOUSTON, Feb. 03, 2023 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain fourth-quarter 2022 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the fourth-quarter 2022. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect fourth-quarter 2022 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for fourth-quarter 2022.

HOUSTON, Dec. 13, 2022 (GLOBE NEWSWIRE) -- The board of directors of APA Corporation (Nasdaq: APA) has declared a regular cash dividend on the company's common shares.

HOUSTON, Nov. 28, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided an update on exploration activities in Block 58 offshore Suriname. APA holds 50% working interest, while TotalEnergies is the operator on the block with a 50% working interest.

HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced the achievement of a compensation-linked environmental, social and governance (ESG) goal to reduce upstream routine flaring across Egypt operations by 40%. The goal was reached ahead of schedule and is the result of numerous emissions reduction projects executed in Egypt throughout 2022.

HOUSTON, Nov. 09, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced a multi-year partnership with the Clean Cooking Alliance (CCA). A project of the United Nations Foundation, CCA is focused on building a dynamic, inclusive, and financially sustainable industry with the goal of achieving universal access to clean cooking by 2030. Access to clean cooking improves health, reduces climate and environmental impacts, empowers women, and improves overall livelihoods. It is also an integral part of meeting the United Nations Sustainable Development Goal (UNSDG) 7, which is focused on “access to affordable, reliable, sustainable and modern energy for all.”

HOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced third-quarter 2022 financial and operational results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.

HOUSTON, Oct. 03, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided supplemental information regarding certain third-quarter 2022 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for third-quarter 2022. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect third-quarter 2022 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for third-quarter 2022.

HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today published its 2022 Sustainability Report, highlighting the achievement of numerous Environment, Social and Governance (ESG) goals throughout 2021 while tracking progress made on ESG commitments for 2022. The report is available here, along with a summary fact sheet detailing report highlights.