News

News

May 07, 2015
- Achieved onshore North American production of 307,000 barrels of oil equivalent (boe) per day exceeding company guidance of 300,000 to 305,000 boe per day
- Delivered worldwide production of 601,000 boe per day
- Realized Permian oil production growth of 7 percent year over year
- Closed the sale of Kitimat and Wheatstone LNG assets and received net proceeds of $3.7 billion in April
- Announced the sale of remaining oil and gas assets in Australia for $2.1 billion on April 8
- Reiterates 2015 onshore North American production and capex guidance
- Updates 2015 international guidance to reflect the pending Australian asset sale
Apr 16, 2015
HOUSTON , April 16, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will release its first-quarter 2015 results at 7 a.m. Central time on Thursday , May 7, 2015 followed by a conference call to discuss its results at 1 p.m. Central time . The conference call will be webcast from
Apr 10, 2015
HOUSTON , April 10, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of its 50-percent interest in the Kitimat LNG project and related upstream acreage in the Horn River and Liard natural gas basins in British Columbia,
Apr 08, 2015
HOUSTON , April 8, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced an agreement to sell its Australian subsidiary Apache Energy Limited to a consortium of private equity funds managed by Macquarie Capital Group Limited and Brookfield Asset Management Inc.
Apr 02, 2015
HOUSTON , April 2, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced that it has completed the previously disclosed sale of the Wheatstone LNG project and accompanying upstream oil and gas reserves to Woodside Petroleum Limited (ASX: WPL) for total proceeds of $2.817
Mar 31, 2015
- Appraisal- and development-drilling program at recent Berenice and Ptah fields yield strong initial results.
- Five completed and producing wells have already produced approximately 1 million barrels of oil to date.
Feb 20, 2015
HOUSTON , Feb. 20, 2015 /PRNewswire/ -- The Board of Directors of Apache Corporation (NYSE, Nasdaq: APA) has declared regular cash dividends on the company's common shares. The dividend on common shares of 25 cents per share is payable on May 22, 2015 , to stockholders of record on April 22, 2015 .
Feb 12, 2015
- 2014 onshore pro forma North American liquids production grew 18.6 percent year over year; pro forma worldwide production grew 6.4 percent
- Fourth-quarter 2014 worldwide production averaged 673,300 barrels of oil equivalent (boe) per day; onshore North American production averaged 367,800 boe per day
- Fourth-quarter net loss of $4.8 billion or $12.78 per share; adjusted earnings of $404 million or $1.07 per share
- Fourth-quarter operating activities provided net cash of $1.9 billion; cash flow from operations before changes in operating assets and liabilities of approximately $2.1 billion
- Expecting approximately $3.7 billion in cash upon closing from previously announced sale of Kitimat and Wheatstone LNG facilities
- 2015 onshore North American production, adjusted for asset sales, is projected to be relatively flat year over year on a capital budget of $2.1 to $2.3 billion, with North American onshore oil production estimated to increase 1 to 3 percent
- 2015 pro forma international and offshore production projected to increase slightly year over year on a capital budget of $1.5 to $1.7 billion
Jan 29, 2015
HOUSTON , Jan. 29, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA), will release its fourth-quarter and year-end 2014 results at 7 a.m. Central time Thursday, Feb. 12 , followed by a conference call to discuss its results at 1 p.m. Central time .
Jan 22, 2015
HOUSTON , Jan. 22, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) announced today Stephen Riney will be appointed as executive vice president and chief financial officer. He is scheduled to begin in February. Riney brings over 30 years of financial and accounting experience to the