APA (APA) Stock

APA Corporation is producing solid free cash flow and profits even in a tough market, boasting a market cap of $7.5 billion and a 5% dividend yield. The company is making significant investments in Suriname, aiming to replicate Exxon Mobil's achievements, with the first oil anticipated by mid-2028 to support future growth. Additionally, APA Corporation is cutting capital expenditures, refining its asset portfolio, and concentrating on high-yield investments, which should lead to improved free cash flow and lower costs by 2025.

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) has revealed the pricing details for its earlier announced cash tender offers (the “Tender Offers”). These offers aim to buy up to $1,000,000,000 in total principal amount (the “Maximum Purchase Amount”) of validly submitted and accepted notes from Apache Corporation, its fully-owned subsidiary (“Apache”), as shown in the table below (together referred to as the “Apache Tender Notes”).

HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) shared the latest early results as of 5:00 p.m. New York City time on December 20, 2024, regarding their previously announced offers. These include exchanging validly tendered notes from Apache Corporation for new APA notes, cash purchases of up to $1 billion of certain Apache notes, and requests for consent to proposed changes to the indenture for those notes. Additionally, APA has raised the Series Cap for the 2043 Notes to $196,043,000 and for the 2044 Notes to $110,002,000.

HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) shared the early results as of 5:00 p.m. New York City time on December 16, 2024, regarding their offers to exchange and purchase notes from Apache Corporation. They have extended the deadline for Eligible Holders to submit their Apache Notes until 5:00 p.m. on December 20, 2024, and the Offers will now end at 5:00 p.m. on January 7, 2025, with settlement expected on January 10, 2025.

HOUSTON, Dec. 11, 2024 (GLOBE NEWSWIRE) -- The board of directors at APA Corporation (Nasdaq: APA) has announced a regular cash dividend for its common shares.

APA Corp. is an oil and gas producer with a market value of $8.2 billion and offers a dividend yield of 4.5%. The company mainly operates in the US and Egypt, but is experiencing decreasing production in the UK. Its recent purchase of Callon Petroleum strengthens its presence in the Permian Basin, where it has more valuable oil reserves, despite facing challenges from low gas prices in the region.

Even with temporary help, long-term issues may limit the increase in crude oil prices. Companies like XOM, DVN, and APA are in a good position to handle these difficult conditions.

LNG, APA, EQT, XOM, and BP have become the main stories in the energy sector this week.

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA”) (Nasdaq: APA) has announced that it is starting offers to exchange any validly submitted notes from Apache Corporation, its fully-owned subsidiary, for new notes from APA. Additionally, they are offering to buy up to $1,000,000,000 in cash for accepted Apache notes, subject to certain limits. Only those who have completed an eligibility letter confirming their status as either a qualified institutional buyer or a non-U.S. person can participate in these offers.