|Bid||12.73 x 4000|
|Ask||12.75 x 900|
|Day's Range||11.80 - 12.77|
|52 Week Range||3.80 - 33.77|
|Beta (5Y Monthly)||4.66|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.10 (0.83%)|
|Ex-Dividend Date||Jul. 21, 2020|
|1y Target Est||N/A|
Altus Midstream Company (“Altus”) (ALTM) today announced that effective at 5:30 p.m. Eastern time on June 30, 2020, the company will affect a 1-for-20 reverse stock split of its outstanding common stock. The Altus Board of Directors authorized the reverse stock split, following shareholder approval of the action at the company’s annual meeting on May 21, 2020. Upon the effectiveness of the reverse stock split, each of the company’s shareholders will receive one new share of Altus common stock for every 20 shares of Altus common stock held prior to that date, with no changes in par value per share.
Apache Corporation (APA) today announced that it has opened the application season for its 2020-2021 Tree Grant Program. In its 15th year, the Apache Tree Grant Program has provided more than 4.7 million trees across 17 states since 2005. “Apache’s Tree Grant Program is core to who we are as a company,” said John J. Christmann IV, Apache’s chief executive officer and president.
Apache Corporation (NYSE, Nasdaq: APA) today announced it has elected to list its common stock solely on the Nasdaq Stock Market beginning June 9, 2020. The company will discontinue listing its common stock on the New York Stock Exchange and the Chicago Stock Exchange after the market closes on June 8, 2020. Additionally, the company will discontinue listing its 7.75% notes due 2029 from the New York Stock Exchange on the same date, and such notes will no longer be listed on any national securities exchange.
HOUSTON, May 14, 2020 -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared a regular cash dividend on the company's common shares. The dividend.
HOUSTON, May 06, 2020 -- Apache Corporation (NYSE, Nasdaq: APA) today announced first-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as.
Apache Corporation (NYSE, Nasdaq: APA) (the “Company”) today announced that, due to the ongoing public health risks and safety concerns related to the coronavirus (COVID-19) pandemic, the location of the Company’s annual meeting of shareholders has been changed to a virtual-only format, as described below. Shareholders will not be able to attend the meeting in person. Shareholders of Record: Each holder of record of the Company’s common stock as of the close of business on March 16, 2020 may attend and vote at the annual meeting by accessing the URL set forth above and following the online instructions, which will include entering the meeting code set forth above (which is case sensitive) and the record holder’s unique control number, which may be found on the proxy card or notice of internet availability of proxy materials previously received by the record holder.
HOUSTON, April 20, 2020 -- Altus Midstream Company (Nasdaq: ALTM) (“Altus”) will host its first-quarter 2020 results conference call Thursday, May 7, 2020, at 1 p.m. Central.
Apache Corporation (NYSE, NASDAQ: APA) today provided supplemental information regarding certain first-quarter 2020 financial and operational results. Apache Corporation will host its first-quarter 2020 results conference call on Thursday, May 7, 2020, at 10 a.m. Central time.
Sapakara West-1 well provides further confirmation of geologic model with 79 meters (259 feet) of net oil and gas condensate pay. HOUSTON, April 02, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (TOT) today announced a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. The well was drilled using the Noble Sam Croft with Apache as operator holding a 50% working interest and Total holding a 50% working interest.
Apache Corporation (NYSE, Nasdaq: APA) today provided an update regarding the cost savings associated with its previously announced organizational redesign. Apache now expects to deliver an annualized G&A and LOE cost reduction in excess of $300 million, up from an original target of $150 million. “Together with our talented team members and diverse asset portfolio, our new organizational structure is already enabling Apache to be more agile and respond quickly to changing commodity price environments.”
Apache Corporation (NYSE, Nasdaq: APA) today provided additional information related to the strength of its liquidity position and capital structure in response to Standard and Poor’s decision yesterday to lower Apache’s credit rating. On March 26, 2020, Standard & Poor’s reduced Apache’s credit rating from BBB to BB+. While credit ratings serve a valuable purpose and are important to Apache, the company does not expect this ratings change will have any other material impact on its financial position, liquidity or business strategy.
Apache Corporation (NYSE, Nasdaq: APA) today announced multiple actions being taken in response to the current oil price environment. Over the coming weeks, the company will reduce its Permian rig count to zero, limiting exposure to short-cycle oil projects. In Suriname, upon the conclusion of operations at the Sapakara West-1 exploration well, the company will proceed, as planned, to a third exploration prospect.
As announced in October 2019, the company has undertaken a comprehensive redesign of its organizational structure and operations to further align its work processes and cost structure with long-term planned activity levels. The new design will enable more effective management of Apache’s diverse portfolio of assets through centralized teams organized around three functional pillars: Operations, Development and Exploration.
HOUSTON, Feb. 26, 2020 -- Altus Midstream Company (Nasdaq: ALTM) today announced its estimated results for fourth-quarter and full-year 2019, on its website at.
HOUSTON, Feb. 26, 2020 -- Apache Corporation (NYSE, Nasdaq: APA) today announced fourth-quarter and full-year 2019 financial and operational results on its website at.
Altus Midstream Company (“Altus”) (ALTM) today announced that Altus Midstream LP (“Altus Midstream”) has exited the initial period under its credit facility and, as a result, expanded the revolver’s capacity to $800 million from the previous level of $650 million. “Expanding our credit facility by $150 million gives us plenty of liquidity to execute our plan this year and next,” said Clay Bretches, Altus CEO and president. Through its consolidated subsidiaries, Altus owns substantially all of the gas gathering, processing and transportation assets servicing production from Apache Corporation (NYSE, Nasdaq: APA) in the Alpine High play in the Delaware Basin, owns equity interests in four Permian-to-Gulf Coast pipelines, and has the option to acquire a 50 percent equity interest in the Salt Creek NGL pipeline.
HOUSTON, Jan. 23, 2020 -- Apache Corporation (NYSE, NASDAQ: APA) today provided supplemental information regarding certain fourth-quarter 2019 financial and operational.
Apache Corporation (NYSE, Nasdaq: APA) has been named by FORTUNE magazine as one of the World’s Most Admired Companies. It’s through their hard work and dedication that we provide value for our stakeholders while elevating lives around the globe through the energy people need to live and thrive. The complete list of Most Admired Companies can be found online at http://fortune.com/worlds-most-admired-companies.
Apache Corporation (NYSE, Nasdaq: APA) has announced the donation of over 61,000 trees to 54 partner organizations through its annual Apache Tree Grant Program. "Now in its 14th year, Apache’s tree grant program is one of many ways our employees and the company make lasting positive contributions to our communities,” said John J. Christmann IV, Apache's chief executive officer and president. “We are most grateful to Apache for their generous investment in trees for our campus,” said Rebecca Gentry, the University of Houston’s assistant vice president for strategic initiatives.
Maka Central-1 well confirms geologic model with 73 meters (240 feet) of oil pay and 50 meters (164 feet) of light oil and gas condensate pay; appraisal planning is underway. Drilling at the next well, Sapakara West-1, approximately 20 kilometers (12 miles) southeast of Maka Central-1, will test the same-aged upper Cretaceous intervals in a separate and distinct stratigraphic feature. HOUSTON, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (TOT) today announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58.
Apache Corporation (NYSE, Nasdaq: APA) and Total S.A. (TOT) today announced a joint venture agreement to explore and develop Block 58 offshore Suriname. Under the terms of the agreement, Apache and Total will each hold a 50 percent working interest in Block 58, which comprises approximately 1.4 million acres in water depths ranging from less than 100 meters to more than 2,100 meters. Apache will operate the first three exploration wells in the block, including the Maka Central-1 well, and subsequently transfer operatorship to Total.
HOUSTON, Dec. 19, 2019 -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. The dividend.
Apache Corporation (NYSE/Nasdaq: APA) has released its 2019 Sustainability Report, which highlights the company’s performance in governance, environmental stewardship, health and safety, workforce development and community engagement. Provides increased transparency on Apache's most material sustainability issues – Apache believes that transparency is critical to its relationships with stakeholders and strives to continuously improve the breadth and quality of publicly disclosed data. In this report, Apache increased its reporting of many topics, including board level management of environmental, social and governance issues; climate change-related risks; road safety programs and contractor safety and management.
Apache Corporation (NYSE, Nasdaq: APA) today updated the status of its first exploratory well in Block 58 offshore Suriname. Drilling operations on the Maka Central - 1 well commenced in late September with an expected drill time of 30 to 60 days. Upon reaching a depth of approximately 6,200 meters, the company elected to conduct various testing activities in two distinct Upper Cretaceous play types.
HOUSTON, Oct. 30, 2019 -- Altus Midstream Company (NASDAQ: ALTM) today announced third-quarter 2019 financial and operational results on its website at.