Apache's Adjusted Profit Falls
U.S.
SandRidge Names McKinney as CEO
U.S.
US Drillers Add Oil Rigs for 16th Week
U.S. energy firms added oil rigs for a 16th week in a row, extending a drilling recovery into a 12th month even as the pace of those additions has slowed in recent weeks as crude prices have held below $50 a barrel.
Apache Raises N. American Output Forecast
Oil and gas producer Apache Corp swung to a quarterly profit on higher oil prices, and raised its estimate for production from North America while lowering its cost forecast for the year. The company's forecast…
US Drillers Add Oil Rigs for 6th Week in a Row
U.S. drillers added oil rigs for a sixth consecutive week, extending a nine-month recovery as shale producers ramp up spending to take advantage of a recovery in oil prices. Drillers added five oil rigs in the week to Feb.
Oil & Gas Producer Apache Posts Smaller Loss
U.S. oil and gas producer Apache Corp reported a smaller fourth-quarter loss than a year earlier, when it recorded nearly $6 billion in asset impairment charges. Net loss attributable to Apache's common shareholders was $182 million…
Apache Reports Smaller Quarterly Loss
Oil and gas producer Apache Corp's quarterly loss narrowed as the company recorded a smaller charge, mainly related to asset impairments. The Houston-based company's net loss attributable to shareholders narrowed to $607 million…
Apache Corp to Develop New Texas Oilfield, Raises Capex
Oil and gas producer Apache Corp raised its capital budget for the year and said it would spend more than a fourth of the amount on a newly discovered oilfield in Texas. The company's shares rose 8.4 percent to $55.99 in premarket trading on Wednesday.
Apache Expands CapEx as Oil Rebounds
Oil and gas producer Apache Corp said it had started deploying additional capital and expected spending this year to be at the higher end of its forecast range, given "modest signs of improvement" in oil prices.
Occidental Says Unaware of Any Takeover Bid for Apache
Shares of U.S. independent oil and gas producer Apache Corp rose more than 3 percent early on Wednesday to $56.84 each, partly on an unverified report it was the takeover target of Occidental Petroleum Corp. Occidental…
Apache's Q1 Loss Narrows
Oil and gas producer Apache Corp reported a much smaller quarterly loss compared with a year earlier, when the company took a near $5 billion asset impairment charge. Net loss attributable to Apache's common shareholders shrank to $489 million…
