Streetbeat News

APA

APA Corporation

Industry

Oil & Gas Exploration & Production

APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. It has operations in the United States, Egypt, and the United Kingdom, as well as has exploration activities offshore Suriname. The company also operates gathering, processing, and transmission assets in West Texas, as well as holds ownership in four Permian-to-Gulf Coast pipelines. APA Corporation was founded in 1954 and is based in Houston, Texas.

Open

23.02

Mkt cap

8.5B

Volume

High

23.10

P/E Ratio

3.25

52-wk high

37.82

Low

22.68

Div yield

0.04

52-wk low

20.95

APA Corporation announced early results of its private exchange offers, tender offers, and consent solicitations, extending the early consent date and waiving the requisite consent condition. Apache Corporation will guarantee the APA Notes issued in the exchange offers. The offers and consent solicitations will expire on January 7, 2025, with settlement expected on January 10, 2025.

Portfolio Pulse from

December 17, 2024 | 1:15 pm

Tamboran Resources Corporation has entered into binding agreements with APA to deliver the Sturt Plateau Pipeline, which will facilitate gas production from Tamboran's Shenandoah South Pilot Project starting in 2026. The gas will be supplied to the Northern Territory Government under a long-term agreement.

Portfolio Pulse from

December 17, 2024 | 4:45 am

APA Corporation has announced a regular cash dividend on its common shares, as declared by its board of directors.

Portfolio Pulse from

December 11, 2024 | 9:30 pm

APA Corp., an oil & gas producer, faces challenges due to low Permian gas prices despite its acquisition of Callon Petroleum to strengthen its position in the Permian Basin. The company's operations are mainly in the US and Egypt, with declining volumes in the UK.

Portfolio Pulse from

December 11, 2024 | 6:45 am

APA Corporation's stock has decreased by 0.4% since its last earnings report 30 days ago. Investors are questioning the future direction of the stock.

Portfolio Pulse from

December 09, 2024 | 12:00 pm

Cheniere Energy received approval from the Federal Energy Regulatory Commission (FERC), and APA Corporation announced a new partnership, making them key players in the oil and gas sector this week. Other notable companies include EQT, ExxonMobil, and BP.

Portfolio Pulse from

December 04, 2024 | 3:00 pm

The article discusses the potential impact of OPEC+ decisions on oil production cuts, highlighting that while there may be short-term support for oil prices, structural challenges could limit long-term gains. Companies like Exxon Mobil (XOM), Devon Energy (DVN), and APA Corporation (APA) are noted as being well-positioned to handle these market conditions.

Portfolio Pulse from

December 04, 2024 | 3:00 pm

APA Corporation has initiated private exchange and tender offers for certain Apache Corporation notes and debentures, aiming to exchange or purchase up to $1 billion in principal amount. The offers are limited to qualified institutional buyers and non-U.S. qualified offerees.

Portfolio Pulse from

December 03, 2024 | 9:30 pm

APA Corporation has partnered with Palantir Technologies to enhance efficiency in oil and gas production using AI. This collaboration aims to improve production, maintenance, and logistics across APA's global operations.

Portfolio Pulse from

November 27, 2024 | 3:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.