Post Tagged with: "Apache corp."

Apache Corp prepared to cut costs if oil prices remain low, CEO says

Apache Corp prepared to cut costs if oil prices remain low, CEO says

Reuters


U.S. oil producer Apache Corp APA.O said on Thursday it plans to keep project spending next year flat or slightly lower than this year’s $1 billion spending rate, as the COVID-19 pandemic continues to slash global oil demand.

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Apache CEO Christmann: Coping with Bottlenecks and Pricing Differentials in the Permian

Apache CEO Christmann: Coping with Bottlenecks and Pricing Differentials in the Permian

We are starting to layer in projects … to move our various products to the markets: Christmann

Pipeline bottlenecks have begun to plague producers in the U.S.’s top producing oil basin. For one thing the price they can get for …

Apache: Building Up the Delaware

Apache: Building Up the Delaware

Apache Corp. (ticker: APA) announced its second quarter results and operational updates August 3rd, and reported an average production of 388,000 BOEPD. The company earned $572 million during Q2.

Apache’s North American production totaled 244,000 BOEPD—where it averaged …

Anadarko Retracts its Offer for Apache

Anadarko Retracts its Offer for Apache

Signs point to Anadarko offer coming in well below what Apache would consider

Anadarko Petroleum Corp. (ticker: APC) announced today that it will retract its unsolicited offer for an all-stock purchase of Apache Corp. (ticker: APA). Anadarko Chairman, President and …

Apache Corp. Rejects $18 Billion Takeover Bid: Bloomberg

Apache Corp. Rejects $18 Billion Takeover Bid: Bloomberg

Latest action from energy M&A front line

Apache Corporation (ticker: APA) rejected an unsolicited bid of $18 billion over the weekend, according to a report from Bloomberg. Apache has not commented on the report, but the company is said to …