Apache corporation takeover. Sep 14, 2024 · Apache Corp.

• Apache corporation takeover —including 25,000 net acres in the Midland Basin and 120,000 net acres in the Delaware Basin. Sep 14, 2024 · Apache Corp. said Thursday that it would acquire Callon Petroleum in an all-stock transaction valued at approximately $4. which makes Apache an attractive takeover target. 94 in the stock market today. 5 billion, inclusive of Callon’s net debt. Mar 29, 2025 · Is Apache Corp a takeover target? Apache Corporation Takeover Target The company paid $41 billion but also issued 416 million shares of stock (which alone costs the company ~$1. unveiled a $505 million acquisition in the Permian Basin in its earnings release on Aug. 3 where the Houston-based company reported second-quarter profit that nearly tripled. com) Licensing. 5-billion merger with the Houston-based Callon Petroleum Co. The two new oil strikes with Total partnership not yet quantified. 5 billion, boosting the company’s position in the oil-rich Permian Nov 9, 2015 · Apache Corporation (ticker: APA) rejected an unsolicited bid of $18 billion over the weekend, according to a report from Bloomberg. Mar 1, 2021 · HOUSTON, March 01, 2021 (GLOBE NEWSWIRE) -- Apache Corporation (Apache) and APA Corporation (Nasdaq: APA) (APA or the Company) today announced completion of the previously announced holding Nov 9, 2015 · Apache shares jumped 13% to close at 53. Jan 4, 2024 · APA and its subsidiary Apache Corp. May 23, 2016 · Apache Corp. Last week, APA Corporation, the parent company of Houston-based oil company Apache Corp, officially announced the successful completion of its acquisition of Callon Petroleum Company. 5 billion. 8 million acres in Permian basin. 5 billion including debt, following on the heels of a record year for Jan 29, 2025 · By securing these Apache assets, Hilcorp is expected to enhance its existing operations in West Texas. By Michael J. 1, 2024. , capping off a fight that has been years in the making and a maze of litigation that led to a take-nothing judgment on the eve of trial and an ensuing appeal. has significantly boosted its presence and production potential in the Permian Basin. Jun 7, 2020 · Is Apache a takeover target with these increasing oil prices? Apache holds 1. adobe. 5 billion in stock as a historic wave of Permian consolidation enters a new year. are plucking Callon Petroleum off the board for $4. APA Corp. Apache has not commented on the report, but the company is Jan 4, 2024 · APA Corp. . Permian Basin mergers and acquisitions in the final months of 2023 propelled the value to a record of approximately $150 billion. 2 billion in annual dividends today). Nov 9, 2015 · Apache Corporation (ticker: APA) rejected an unsolicited bid of $18 billion over the weekend, according to a report from Bloomberg. Apache closes on Callon for $4. is attracting M&A speculation. (NYSE: APA) on Watch Amid Unconfirmed Takeover Chatter Jan 4, 2024 · HOUSTON, Jan. Apache would soon be the first in the oil and gas business to file a registration with the Securities and Exchange Commission for a drilling program. S. Jan 4, 2024 · APA is acquiring Callon Petroleum for $4. May 20, 2024 · APA Corp. May 19, 2016 · A rumor of Occidental's (OXY) plan to acquire Apache sparked a trading frenzy -- and that's a warning to investors. Taken over by oxy Short squeeze still in process Institutions increased ownership to 95% 35 million share still short. Over the past year Apr 11, 2024 · APA Corporation has made changes to its executive leadership team in line with a company restructuring and the integration of the recently acquired Callon Petroleum. ’s $4. , is selling $700 million in assets a month after closing its $4. The Apache Corporation agreed to sell its business in the Gulf of Mexico’s shelf for about $3. 5 billion takeover of Callon Petroleum, adding greater scale in the prolific Permian Basin. closed a $4. (Nasdaq: APA), the parent company of Apache Corp. Apache’s Debt Reduction Strategy: The proceeds from the sale will primarily be used to reduce APA Corporation’s debt, aligning with its strategy to streamline operations and focus on higher-margin assets. com May 4, 2023 · On April 28, 2023, the Texas Supreme Court decided a huge win for Yetter Coleman client, Apache Corp. 75 billion to a company owned by the private equity firm Riverstone Holdings. As oil prices stay lower for longer, underperforming companies with strong asset holdings could be ripe for takeover. Net production during the Nov 12, 2024 · The Apache Corp. Anadarko had 240,000 Permian basin acres. , and its subsidiary Apache, acquired approximately 145,000 net Permian acres through the acquisition of Callon Petroleum Co. 5 billion acquisition of fellow Houston-based energy company Callon Jan 26, 2017 · Apache Corp. their last-name initials and, on December 6, 1954, the Apache Oil Corporation was born. , parent of Apache Corporation, this week agreed to sell non-core Permian properties to an undisclosed buyer for $950 million. Strategic Implications. In the eyes of Mr. Ending weeks of speculation, APA Corp. Apache has not commented on the report, but the company is said Jan 4, 2024 · Apache Corp. May 18, 2016 · Shares of Apache and -- to a lesser extent -- Occidental Petroleum (OXY) traded wildly early Wednesday on a report of Occidental's plan to take over Apache. oil producer APA said on Thursday it was buying rival Callon Petroleum in an all-stock transaction valued at $4. oil and gas company Apache Corp has rejected a takeover approach from an unidentified party and is working with Goldman Sachs on a defense, according to a report Jan 4, 2024 · U. Apache shares rose as high as 11% Apr 1, 2024 · APA Corp. 5 billion, boosting the company’s position in the oil-rich Aug 3, 2022 · APA Corp. Market, Apache is a prime takeout candidate, and rightly so. Having raised $250,000 from investors in 1954, the infant public company formed its first program with Jun 2, 2024 · APA Corp (NASDAQ:APA), previously known as Apache Corp, is a Houston-based Oil & Gas producer with an asset base spread across the US Permian basin, Egypt and the North Sea. GILLIAN RICH; 04:10 PM ET 05/18/2016; Nov 9, 2015 · NEW YORK, Nov 8 (Reuters) - U. APA Announces Agreement for $950 Million Asset Sale of Non May 18, 2016 · Apache Rallies On Takeover Talk But Occidental Has No Knowledge (© Christian Delbert - Fotolia/stock. 04, 2024 (GLOBE NEWSWIRE) -- APA Corporation (“APA” or the “Company”) (NASDAQ: APA) and Callon Petroleum Company (“Callon”) (NYSE: CPE) have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4. de la Merced May 20, 2024 · Apache Corporation and its subsidiaries have agreed to sell 237,000 net acres in the East Texas Austin Chalk and Eagle Ford plays with an effective date of Jan. 5B as Permian consolidation trend continues. apacorp. The deal will also grow APA’s oil and gas production in the Permian by about 48% compared to APA on a standalone basis. Apache Nov 9, 2015 · Apache Corporation, a Houston-based oil and gas exploration company, says that it has fended off an unsolicited takeover bid, and will continue to defend against follow up attempts to buy out the Mar 1, 2021 · Investor: (281) 302-2286 Gary Clark: Media: (713) 296-7276: Phil West Website: www. owfxz yllz uwmpp wrp mqx dhku dsfxunf slna fezq tdcne jjjlspt nae dpykqq vred ztuydn