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Last $44.86 USD
Change Today +2.07 / 4.84%
Volume 6.5M
APA On Other Exchanges
Symbol
Exchange
New York
Stuttgart
Mexico
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

apache corp (APA) Snapshot

Open
$42.67
Previous Close
$42.79
Day High
$45.40
Day Low
$42.49
52 Week High
09/3/14 - $102.00
52 Week Low
08/26/15 - $38.40
Market Cap
17.0B
Average Volume 10 Days
5.5M
EPS TTM
$-3.13
Shares Outstanding
378.0M
EX-Date
07/20/15
P/E TM
--
Dividend
$1.00
Dividend Yield
2.23%
Current Stock Chart for APACHE CORP (APA)

apache corp (APA) Details

Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, and the Texas Panhandle, Gulf Coast areas of the United States, as well as in Western Canada. The company also operates assets in Egypt, Australia, and offshore the United Kingdom in the North Sea. As of December 31, 2014, it had total estimated proved reserves of 1,074 million barrels of crude oil, 282 million barrels of natural gas liquids, and 6.2 trillion cubic feet of natural gas. The company was founded in 1954 and is based in Houston, Texas.

4,950 Employees
Last Reported Date: 02/27/15
Founded in 1954

apache corp (APA) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $725.0K
Executive Vice President of International & O...
Total Annual Compensation: $725.0K
Executive Vice President and General Counsel
Total Annual Compensation: $665.6K
Compensation as of Fiscal Year 2014.

apache corp (APA) Key Developments

Apache Corporation Announces Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Production and Capital Budget Guidance for the Full Year 2015; Reports Oil & Gas Property Write-Downs for the Second Quarter Ended June 30, 2015

Apache Corporation announced unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2015. The company reported oil revenues of $1,599 million compared to $2,797 million a year ago. Loss before income taxes was $5,692 million compared to income before income taxes of $911 million a year ago. Net loss from continuing operations attributable to common shareholders was $4,868 million or $12.89 per diluted share compared to net income from continuing operations attributable to common shareholders of $449 million or $1.17 per diluted share a year ago. Costs incurred in oil and gas property exploration and development was $1,059 million compared to $2,557 million a year ago. Adjusted earnings (Non-GAAP) was $543 million or $0.22 per diluted share compared to $576 million or $1.49 per diluted share a year ago. Adjusted EBITDA (Non-GAAP) was $1,259 million compared to $2,328 million a year ago. Total capital expenditures (before leasehold acquisitions, capitalized interest, noncontrolling interest, LNG and Australia discontinued operations) in the second quarter were $857 million, down 28% from the first quarter. Net loss attributable to common shareholders was $5,600 million or $14.83 per diluted share against income of $505 million or $1.31 per diluted share a year ago. For the six months, the company reported oil revenues of $2,879 million compared to $5,442 million a year ago. Loss before income taxes was $13,216 million compared to income before income taxes of $2,191 million a year ago. Net loss from continuing operations attributable to common shareholders was $9,387 million or $24.88 per diluted share compared to net income from continuing operations attributable to common shareholders of $1,101 million or $2.82 per diluted share a year ago. Costs incurred in oil and gas property exploration and development was $2,569 million compared to $5,112 million a year ago. Adjusted loss  (Non-GAAP) was $85 million or $0.23 per diluted share compared to adjusted earnings  (Non-GAAP) of $1,186 million or $3.03 per diluted share a year ago. Adjusted EBITDA (Non-GAAP) was $2,225 million compared to $4,636 million a year ago. Net debt as on June 30, 2015 was $6,726 million compared to $12,044 million as on March 31, 2015. Net loss attributable to common shareholders was $10,251 million or $27.17 per diluted share against income of $741 million or $1.89 per diluted share a year ago. For the quarter, the company reported total production of oil volume of 302,337 barrels per day against 298,632 barrels per day a year ago. Total natural gas volume was 1,191,670 Mcf per day against 1,336,508 Mcf per day a year ago. Total liquids was 365,146 barrels per day against 363,429 barrels per day a year ago. Total BOE per day was 563,758 against 586,181 a year ago. Pro-forma total oil volume was 256,636 barrels per day against 237,452 barrels per day a year ago. Pro-forma total natural gas volume was 1,019,185 Mcf per day against 940,252 Mcf per day a year ago. Total liquid volume was 318,739 barrels per day against 291,474 barrels per day a year ago. Pro-forma total BOE per day was 488,602 against 448,182 a year ago. For the six months period, the company reported total production of oil volume of 299,775 barrels per day against 295,695 barrels per day a year ago. Total natural gas volume was 1,164,888 Mcf per day against 1,364,511 Mcf per day a year ago. Total liquids was 358,697 barrels per day against 359,176 barrels per day a year ago. Total BOE per day was 552,844 against 586,595 a year ago. Pro-forma total oil volume was 257,217 barrels per day against 233,622 barrels per day a year ago. Pro-forma natural gas volume was 1,007,405 Mcf per day against 934,540 Mcf per day a year ago. Pro-forma total liquids volume was 315,564 barrels per day against 285,316 barrels per day a year ago. Pro-forma total BOE per day was 483,463 against 441,074 a year ago. The company’s second-quarter production performance was very strong both domestically and internationally. As a result, the company raises full-year 2015 North American production guidance to 305,000 boe per day to 308,000 boe per day and are updated International and Offshore production guidance to a range of 164,000 boe per day to 168,000 boe per day. The company also tightens 2015 capital-budget guidance range from $3.4 to $3.9 billion to $3.6 to $3.9 billion. For the second quarter ended June 30, 2015, the company reported oil & gas property write-downs, net of tax of $3,734 million against $77 million a year ago.

A. D. Frazier, Jr. Intends to Retire as a Director of Apache Corp., Effective as of October 1, 2015

On July 23, 2015, A. D. Frazier, Jr. notified Apache Corp. board of directors of his intention to retire from his position as a director of the company, effective as of October 1, 2015. Mr. Frazier is a member of the Management Development and Compensation Committee of the Board. Also, he served as the chairman of the Stock Plan Committee of the Board until it was combined with the MD&C Committee in May 2015.

Apache Corp. to Report Q2, 2015 Results on Aug 06, 2015

Apache Corp. announced that they will report Q2, 2015 results at 1:00 PM, Central Standard Time on Aug 06, 2015

 

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