Apache Corporation News Layoffs

Apache (ticker: APA) shares, for instance, are up 3. L) stock quote, history, news and other vital information to help you with your stock trading and investing. Q1 adjusted earnings Beat Estimates. Bank VISA card worth $5,000 toward future CNG fuel purchases. , Chesapeake Energy Corporation and. Apache Corporation is one of the largest leaseholders in the Eagle Ford Shale Play. Apache Corporation (APA) has around 3163 employees, a market worth around $4. Glassdoor has 242 Apache reviews submitted anonymously by Apache employees. , a Tax Manager by Swift Energy Co. Central Time 5:11 p. Apache Corp. Apache Corporation has 3,420 employees across 6 locations and $6. is laying off 85 employees in Midland in response to the oil crash. Lobbying in 2019: $90,000. Daily Job Cuts / Layoffs - Your source for daily economy updates on recent Job Layoffs 2020 / 2019 , Job Losses, Layoff News, Store Closings 2020, Bankruptcy, Business and Economic News. Apache earned a news impact score of -1. is planning a round of layoffs in Midland, Texas. 21 million shares was traded, which was above their three months average volume. On Wednesday, Shares of Apache Corporation (NYSE: APA) rose 0. Analysts have had mixed reactions. It traded total volume of 1,151,170 shares lower than the average volume of 4. APA plunged 12. announces exit from Canada 7/7/2017 HOUSTON -- Apache Corporation has announced that it will complete an exit from Canada upon the closing of three recent transactions. The stock opened the day at 38. This has it expecting non-GAAP earnings per share between $2. A major portion of this decline came this month. The affected employees work at Apache's facility at 303 Veterans Airpark Lane. In depth view into Apache Total Employees (Annual) including historical data from 1972, charts, stats and industry comps. owes it $2. The Energy Report. Apache Corp. Much of the company's acreage (400,000 acres) was established through a JV agreement with Enervest (EV Energy Partners) in September of 2007. Company News. Contributions in the 2020 cycle: $25,873. 1/15/2015 Related Story: Some Tulsa Employees Affected By Apache Corporation Layoffs. It's a great company, and it's an. is closing its San Antonio office and eliminating more than 270 jobs as part of a reorganization designed to cut costs. is shuttering its San Antonio office, resulting in the layoffs of 272 employees, the company said in a notice sent to the Texas Workforce Commission this week. 5 billion, according to report Tuesday. It is operating six of its 41 rigs and dropping an additional rig next week. Apache Corp. Get breaking news and analysis on Apache Corporation (APA) stock, price quote and chart, trading and investing tools. Apache Corp to close San Antonio office, cut 272 jobs Apache Corp said the affected employees will be leaving the company on March 6. BakerHostetler client Castex Energy wins $62M Texas jury verdict in case against Apache Corp. Feb 12, 2020 06:05 AM Form SC 13G/A APACHE CORP Filed by: VANGUARD GROUP INC Feb 11, 2020 08:53 AM Altus Midstream Expands Revolver Capacity to $800 Million Feb 7, 2020 12:35 PM Apache Corp. The company was one of successor companies of Standard Oil. Dundrea is affiliated with Union Texas Petroleum Ltd. The layoffs will be implemented on March 6, 2020. reported third-quarter 2019 U. View Emily McClung's business profile as Vice President, Community Partnerships and Employee Engagement at Apache Corporation. Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). In a filing made with the Texas Workforce Commission, Apache Corp (APA) said the affected employees will be leaving the company on March 6. (APA) as the company’s stock climbed 8. Shares of U. Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. 229,Apache,Apache. Oil and natural gas firm Apache Corporation will cut 6 percent of its total workforce, or the equivalent of 216 employees, to reduce costs. 1/15/2015 Related Story: Some Tulsa Employees Affected By Apache Corporation Layoffs. 4-million-acre offshore tract known as Block 58 as soon as Oct. MIDLAND, TX (KWES) - Apache Corporation is making more room for their employees. ARIZONA MADE: The. The mall was built by a Minneapolis developer called Apache Corp. US:C ranks the leader in announced layoffs among U. Apache has about 3,100 employees globally and of those 3,100 - over 800 work in the Permian Basin. HOUSTON (AP) _ Apache Corp. Sections of this page. The company said this will be a global reduction of staff and they haven't spoken to the specific. This is Apache's third consecutive year to be recognized in the annual list. Read employee reviews and ratings on Glassdoor to decide if Apache is right for you. Apache Corporation (APA) Pops 3. Latshaw Drilling, a company active in Texas and Oklahoma, has laid off 300 of its 500 employees over the last six weeks. 22 as its minimum price and hit the max level of $39. Analysts have had mixed reactions. Affected employees do not have bumping rights. The funds will go toward seeding a new 501(c)(3) organization created by Oklahoma State Reps. Collaboration is key to Boeing’s success around the world, and our commitment to in-country partnerships is a major focus for Boeing in its second century. Much of the company's acreage (400,000 acres) was established through a JV agreement with Enervest (EV Energy Partners) in September of 2007. The source said that the deal will soon be revealed by Apache to its employees. The company said the layoffs are the result of current. Several Houston-based companies have already announced spending cuts , including ConocoPhillips , Apache, Occidental Petroleum Corp. 7 percent Wednesday at $56. A total trading volume of 4. APA Dividend History & Description — Apache Corp Apache is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Apache may provide an update on the progress of its exploratory efforts across the 1. 35 minutes ago. have apparently impacted the company's Midland office. Published on Jan 30, 2020. We operate our world-class resource base exclusively within the State of California, applying complementary and integrated infrastructure. Losses, adjusted. Learn about APA with our data and independent analysis including price, star rating, valuation, dividends, and financials. Houston -based Apache Corp. Oil explorer Apache Corp. will close its regional office in Tulsa as part of a company-wide restructuring. Company News For Dec 24, 2019 Yahoo 12. quarterly stock financials by MarketWatch. Even after years of news reports about serious data breaches, "123456" was still one of the most commonly used passwords in 2019. (APA) as the company’s stock climbed 8. Energy is today's standout sector but still -50% YTD Apache Corp. Apache Corp. The products we deliver power increasingly cleaner electricity across the globe, fuel tractors and trucks and make fertilizer to keep the world’s food supply on the table, and. Messages relating to layoffs at Chevron Corp. oil and gas producer Apache Corp will. Apache Corp. US:C ranks the leader in announced layoffs among U. The ASF is a natural outgrowth of The Apache Group, a group of individuals that was initially formed in 1995 to develop the Apache HTTP Server. View the latest Apache Corp. Tribal Store - 575-464-9319. Chevron Corp is offering buyouts to reduce its U. Commenters on Hacker News contrasted. Announce Significant Oil Discovery Offshore Suriname | Apache Corporation. The affected employees worked at the Veterans Airpark Land office. 6 trillion cubic feet of natural gas. All code donations from external organisations and existing external projects seeking to join the Apache community enter through the Incubator. In 1960, the company acquired interests in the Foshay Tower, a Minneapolis landmark. 5 million, according. 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. Latest News. Jan 9 (Reuters) - U. Apache Corp. Apache sells off Canadian assets in nearly $1 billion strategic exit from country The company has made a trio of deals worth about $927 million to Paramount Resources, Cardinal Energy and an. Ratings and Reviews (53) Product Details. also has exploration interests in Suriname. Apache Corporation is a large independent oil and gas exploration and production company. Total SA, a French company whose U. Shares of U. The move, which will result in job cuts for about 272 employees, comes just months after the company warned it may move capital away from the struggling Alpine High region if prices of natural gas do not recover. From time to time, Apache posts announcements, updates and investor information, in addition to copies of all press releases, on its website, www. L) stock quote, history, news and other vital information to help you with your stock trading and investing. Ovintiv to Host its 2019 Fourth Quarter and Year-End Results Conference Call and Webcast on Thursday, February 20, 2020. Touted as one of the biggest oil and gas discoveries of. The Apache Software Foundation Computer Software Wakefield, MA 40,436 followers The world's largest Open Source foundation. Much of the company's acreage (400,000 acres) was established through a JV agreement with Enervest (EV Energy Partners) in September of 2007. Each year employees at our locations select a particular charity to support, and company fundraising efforts for that location are designated to that charity for the year. Baker Hughes has temporarily cut pay for some U. The company does not anticipate increasing capital investment above $1. Mescalero Gas - 575-464-4323. The oil company didn't say precisely how many workers will be let go. According to Newswest9, the layoffs came after Apache planned to cut its 2020 capital spending by $250 million. The stock recorded $39. According to the WARN letter, more than 85 employees will be affected. By David Yates | Apr 16, 2019 HOUSTON – On Friday, Castex Energy secured a multimillion-dollar verdict against Apache Corp. Gold and. Around the world, across the United States and throughout the Murphy enterprise, dedicated, talented, well-trained people help supply the energy on which this and future generations depend. had exploration and production operations in United States, Egypt, and offshore United Kingdom in the North Sea. Announce Agreement to Create Altus Midstream Company, a $3. Oil and natural gas firm Apache Corporation will cut 6 percent of its total workforce, or the equivalent of 216 employees, to reduce costs. 22 as its minimum price and hit the max level of $39. Without providing specifics, Phil West, manager, media and public relations with Apache, told the. Our mission is to grow a profitable company for the. Please don't copy any of it's content, without our written consent. The wave of rapid cost-cutting and right-sizing in the oilpatch continues with layoff announcements from Houston-based Apache Corp. HOUSTON, June 1, 2015 /PRNewswire/ -- Apache Corporation (NYSE,Nasdaq: APA) today announced a reorganization of the company's operating regions and key leadership changes. The Houston-based company confirmed Thursday it is reducing its. 25 billion acquisition of most of BP's upstream natural gas assets in Canada. request on Petrofac letterhead and Apache employees confirmed the change over the phone with a person posing as a real Petrofac representative, Apache sent $7 million in Petrofac invoice payments to a bogus account, court papers said. (CLB) CEO David Demshur on Q4 2019 Results - Earnings Call Transcript Apache Corporation, pump jacks in the Adair San Andreas Unit, Welch, TX. 2434 Toll Free. Apache Nitrogen Products (formerly Apache Powder Company) began in 1920 as an American manufacturer of black-powder-based explosives for the mining industry. 4K employees. 74 on volume of 5. The move will cost approximately 272 employees their jobs. Occidental's reporting focuses on the policies, objectives, performance and activities of the company. Apache operates worldwide. Chevron's headquarters are located in San Ramon, California. could be operating just a single rig in the Eagle Ford Shale later this year, the Houston-based exploration and production company said Thursday, the latest sign of how falling oil. independent oil and gas producer Apache Corp rose more than 3 percent early on Wednesday to $56. Apache Corporation Announces First-Quarter 2020 Financial and Operational Results Key Takeaways Responded quickly and decisively to COVID-19 global pandemic by closing offices and implementing work-from-home-processes and stringent operational protocols in. 19, 2019 -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. oil and gas producer Apache Corp will close its San Antonio, Texas office that houses the team overseeing its Alpine High. Apache Industrial Services has set itself apart by hiring the most skilled and experienced craftsmen in their field. , Chesapeake Energy Corporation and. 9 billion, the company said in a press release. will be giving away more than 200 trees Saturday at the Terrebonne Parish Main Library. 79 and a one year high of $71. Image source: Apache Corporation. 410 17th Street Suite 250 Denver, CO 80202 [email protected] 303-296-8834 E-mail for Advertising Information or call 303-296-8834 x 243. Koskie Minsky LLP and Koskie Glavin Gordon are jointly prosecuting this class proceeding on behalf of the Plaintiffs. SAN ANGELO, TX -- The major oil company, Apache Corporation, has announced today that they have laid off between 10-15 percent of their workforce. The wave of rapid cost-cutting and right-sizing in the oilpatch continues with layoff announcements from Houston-based Apache Corp. Get breaking news and analysis on Apache Corporation (APA) stock, price quote and chart, trading and investing tools. Apache Corp. Filter 53 vetted Apache OpenOffice reviews and ratings. Uncover why Apache Corporation is the best company for you. The further reductions come two weeks after Apache announced that the company would reduce its Permian Basin rig count to zero and a week after laying off 85 employees at its Midland office. Apache argued in a reply brief that, under a Texas insurance statute, GAIC should be required to pay the oil and gas company's attorneys' fees and an 18 percent prejudgment interest penalty on the. Apache Corporation To Begin Layoffs in Permian Basin Apache Corporation To Begin Layoffs in Permian Basin MIDLAND, TX – The Houston oil and gas producer Apache Corporation told state workforce officials on Thursday that its layoffs of 85 employees will began Wednesday and will continue through May 18. N will close its San Antonio, Texas office overseeing its struggling Alpine High project in the Permian basin and 272 jobs will be affected. Feb 12, 2020 06:05 AM Form SC 13G/A APACHE CORP Filed by: VANGUARD GROUP INC Feb 11, 2020 08:53 AM Altus Midstream Expands Revolver Capacity to $800 Million Feb 7, 2020 12:35 PM Apache Corp. Changes for 2020: Cut its 2020 capital plan by 34% to a range of $1. 92, during its most recent trading session. 92, during its most recent trading session. Media/News Company. Commenters on Hacker News contrasted. and Total announced a significant oil discovery at the Sapakara West-1 well drilled in Block 58 offshore Suriname. 72% decrease in ownership of APA / Apache Corp. The Apache Corp. oil exploration and production workforce, three sources told Reuters, as the oil major moves to cut costs in the face of sharply lower oil and. The further reductions come two weeks after Apache announced that the company would reduce its Permian Basin rig count to zero and a week after laying off 85 employees at its Midland office. 5 billion during the first-quarter 2020. Total adopts a new Climate Ambition to Get to Net Zero by 2050 Press release - 05 May 2020 Total announces the first 2020 interim dividend of €0. and Macy’s Inc. A total trading volume of 4. As the most recent, Citigroup Inc. 10 of 39 ICE detention employees who have tested positive are at Otay Mesa. News You Can. In January, Apache had announced layoffs for its West Texas operations, saying that it would lay off over 270 employees as it shut down its San Antonio offices. Layoffs will be implemented on March 6, 2020 and impacted employees will not have bumping rights. Shares of Apache Corp. View the latest APA financial statements, income statements and financial ratios. employees and executives, Midland Chamber of Commerce representatives and other dignitaries celebrated the grand opening of Apache's. Apache Corporation By Matt Trammell | Oct. The Apache Incubator is the primary entry path into The Apache Software Foundation for projects and codebases wishing to become part of the Foundation’s efforts. Apache now plans capital investment to be between $1 billion and $1. had exploration and production operations in United States, Egypt, and offshore United Kingdom in the North Sea. (NYSE:APA) with total holdings valued at $148,000 USD as of March 31, 2020. 00% in Portion Of Employees Annual Bonus Employee Contributions Under Nonqualified Retirement Savings Plan Vested. In 1954, the Apache Oil Corporation was founded in Minneapolis, Minnesota, by Truman Anderson, Raymond Plank and Charles Arnao with $250,000 in funding. Some Tulsa Employees Affected By Apache Corporation Layoffs - News On 6 Sponsored Content. 5 billion, according to report Tuesday. In December so far, APA has. Apache Corp. The Company has exploration and production interests in the United States, Canada, Egypt, Australia, North Sea and. A spokesperson for the company’s Norwegian unit told the Wall Street Journal that the firm has started negotiations with employees and will likely have details about the size of the cuts in a. Apache Corporation is a large independent oil and gas exploration and production company. , and a Manager-Tax Practice by Arthur Andersen LLP. Apache stock falls as company takes defensive measures amid oil price declines Oil and gas company Apache Corp. 2 billion, from a range of $1. HOUSTON, June 1, 2015 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) today announced a reorganization of the company's operating regions and key leadership changes. The funds will go toward seeding a new 501(c)(3) organization created by Oklahoma State Reps. 30, when the Houston-based company is scheduled. oil and gas companies plan to lay off hundreds of workers, according to state filings, adding to a 3,500-person furlough that oilfield giant Halliburton announced this. The Apache Software Foundation (ASF) is a non-profit 501(c)(3) corporation, incorporated in Delaware, USA, in June of 1999. The content provided on the website includes general news and publications, our personal analysis and opinions, and contents. 2B between their estimated 115. The 32-story imitation of the Washington Monument, became Apache. The company also cut its quarterly dividend by 90 percent to 2. Collaboration is key to Boeing’s success around the world, and our commitment to in-country partnerships is a major focus for Boeing in its second century. (APA) as the company’s stock climbed 8. 8% and underperformed the Energy Select Sector SPDR Fund’s 2. SAN FRANCISCO, May 6, 2020 /PRNewswire/ -- Databricks, the Data and AI company, today announced it has been named to Inc. Cimarex is an exploration and production company with operations in Oklahoma, Texas and New Mexico. We are looking for petro-technical professionals, including engineers and geologists, who live and breathe science and discovery. will close its San Antonio office and lay off 272 employees, a document filed with the Texas Workforce Commission states. January 13, 2020 Company News, Crude Oil, M&A, Natural Gas, News, North America, Offshore, Onshore 0 Last week was not a good one in terms of jobs lost at U. Lollar will pay almost $436,000 to settle charges that he made stock trades ahead of Apache Corp. is laying off 85 employees in Midland in response to the oil crash. Learn about APA with our data and independent analysis including price, star rating, valuation, dividends, and financials. Check it out now!. Subscribe Log in. ' Oil industry braces for pain Mike Lee, Carlos Anchondo and Lesley Clark, E&E News reporters Energywire: Monday, March 16. Benefiting our communities – Apache aims to invest in communities by hiring and spending locally. oil and gas companies that collectively have approximately 375,883 employees, on PT. They also assigned news stories about the energy company a news buzz of 0. 5 Billion Pure-Play, Permian Basin Midstream C-Corp; Companies to Co-Host. Apache Corp. In depth view into Apache Total Employees (Annual) including historical data from 1972, charts, stats and industry comps. The Houston-based company confirmed Thursday it is reducing its. According to the WARN letter, more than 85 employees will be affected. Mescalero Apache Schools Ski Apache Webcam Check your E-mail Local News Lottery MAHA news IHS Website. Apache Stainless Equipment Corporation is a manufacturer of commercial, industrial and wholesale capital equipment for food, beverage, pharmaceutical, energy and other essential industries. During a news conference. National Oilwell Varco said on Wednesday that it expects to undertake a round of mass layoffs as low oil prices continue to hamper demand for services. Stock analysis for Apache Corp (APA:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Conservation - 575-464-9527. It's a great company, and it's an. Sections of this page. There's already been a round of layoffs. , and even retailers like Kohl’s Corp. oil and gas producer Apache Corp (APA) will close its San Antonio, Texas office that houses the team overseeing its Alpine High venture in the Permian basin. 7816 Careers. (Source: Apache Corp. Glasper said the 80,000-sq. Schlumberger is also boosting its stock dividend 25%. Apache Corp. Jan 9 (Reuters) - U. The average salary for Apache Corporation employees is $96,607 per year. It is hoted in N/A with IP address 216. According to the WARN letter, more than 85 employees will be affected. are presented below the company info. Compare pay for popular roles and read about the team's work-life balance. 229,Apache,Apache. In 1960, the company acquired interests in the Foshay Tower, a Minneapolis landmark. During a news conference. The Houston-based company posted a roughly $3 billion writedown on its Alpine High project, a find from 2016 that fizzled when it turned out to hold more natural gas than oil. Messages relating to layoffs at General Electric Co. plans Texas layoffs Yahoo 03/20 16:21 ET. 35 trillion yen in the red — its first annual loss in 15 years. and Fort Worth, Texas-based FTS International. The Apache Software Foundation Computer Software Wakefield, MA 40,436 followers The world's largest Open Source foundation. 28, 2013 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) will receive the Vanguard Award for Environmental Excellence as its compressed natural gas program continues to drive positive change in the communities where the company operates. 15 %, recorded in the same quarter. NEW YORK -- Shares of Apache Corp. Messages relating to layoffs at Apache Corp. also has exploration interests in Suriname. Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. When adjusted for certain items that impact the comparability of results, Apache reported a first-quarter loss of $51 million. oil and gas producer Apache Corp will close its San Antonio, Texas office overseeing its struggling Alpine High project in the Permian basin and 272 jobs will be affected. Apache operates worldwide. 1 NEWS RELEASE Apache Corporation Reports Third-Quarter 2014 Financial and Operational Results Third-quarter 2014 highlights Onshore North American liquids production exceeded 211,000 barrels of oil equivalent (boe) per day, up 15 percent from the prior year when adjusted for asset sales Permian production reached 162,000 boe. is now gunning for oil at a second prospect on the block which reports indicate look promising. Jan 9 (Reuters) - U. Apache Corporation is an oil and gas corporation. Business Description Apache Corp. to build Permian Basin gas processing infrastructure. have apparently impacted the company’s Midland office. Apache Financial Debt to Equity (Quarterly) News. were up 2% after hours. has filed suit against the former head of its Egyptian operations, alleging that the executive misappropriated sensitive trade secrets earlier this year when he left the Houston oil. The company earned $901 million in pretax operating income in the first quarter, down 55 percent from the year ago quarter, on revenues of $6. 4-million-acre offshore tract known as Block 58 as soon as Oct. This project is managed in cooperation with various individuals worldwide (both independent and company-affiliated. Working at Devon. are presented below the company info. Apache Portals is a collaborative software development project dedicated to providing robust, full-featured, commercial-quality, and freely available Portal related software on a wide variety of platforms and programming languages. Shares of U. 50 strike price has a current bid of $1. HOUSTON, Dec. 6 billion to $1. The company was founded in 1954 as the Apache Oil Corporation in Minnesota by Truman Anderson, Raymond Plank, and Charles Arnao. Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. is planning a round of layoffs in Midland, Texas. 23, is not connected to the well the company is currently drilling offshore in Suriname. Apache is officially calling it quits on a highly publicized but disappointing shale discovery in West Texas after vehemently defending the play’s prospects for about three years. plans Texas layoffs American City Business Journals: 01:27PM : Apache Corporation -- Moody's reviews Apache's Baa3 rating for downgrade Moody's. Apache Corporation. 2434 Toll Free. Business News. before his retirement from the company in 2009 most recently serving as Executive Vice President and Corporate Exploration Officer and previously as President of Apache Canada, Ltd. Apache Corp, an oil and gas exploration and production company, and the City of Woodward announced a $350,000 donation from the company to replace the city’s current tornado warning system with. There is no word yet on how many jobs will. and Macy’s Inc. is shuttering its San Antonio office, resulting in the layoffs of hundreds of employees. In 2018, 97% of Apache employees were local nationals, and approximately 31% of the company's spending was with local vendors. The layoffs will be implemented on March 6, 2020. (NYSE: APA) began laying off workers worldwide in mid-January. 55 %, faster than overall decrease of Apache's competitors by -15. Apache Corporation. Ovintiv Posts Anadarko Day Materials; Provides First Look at Strong 2019 Operational Results. 8 on InfoTrie's scale. The company also cut its quarterly dividend by 90 percent to 2. APA Description — Apache Corp Apache is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. , a driller based in The Woodlands, Texas, is down about 450 positions since 2012. 19, 2019 -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared the regular cash dividend on the company's common shares. 74 on volume of 5. According to state officials, Apache Corp began its layoff of last wednesday and will continue through May 18th. Visit Business Insider's homepage for more stories. Occidental's reporting focuses on the policies, objectives, performance and activities of the company. Chevron's headquarters are located in San Ramon, California. WHY CHOOSE BROWN? Looking for a management company for your community? Discover what makes Brown Community Management different, and why we stand out from our competitors. It is operating six of its 41 rigs and dropping an additional rig next week. news on apache corporation | news on apache corporation | latest news on apache corporation There’s no official word yet about how many employees in Midland. Late last week, Midland, Texas-based ProPetro Holding Corp. The company announced its plans Monday to close the office that employs 160 people, and spokeswoman Castlen Kennedy said the company will try to offer as many jobs as possible to the 160 employees. Apache Corp. The oil and gas exploration and production company filed a Worker Adjustment and Retraining Notification Act letter with the state saying that Apache plans to conduct a "mass layoff" at its 303 Veterans Airpark Lane facility in Midland. 5 million, according. NET for Apache Spark with pre-cursor project Mobius, which has provided C# support on Apache Spark since 2016, pointing out several improvements. were up 2% after hours. Apache now plans capital investment to be between $1 billion and $1. The move, which. oil and gas producer Apache Corp will close its San Antonio, Texas office that houses the team overseeing its Alpine High venture in the Permian basin. Dundrea is affiliated with Union Texas Petroleum Ltd. 35 minutes ago. Join LinkedIn today for free. The company struck a deal in July to sell its assets in the shallower continental shelf region of the Gulf of Mexico to private equity firm Riverstone Holdings LLC for $3. annual balance sheet by MarketWatch. In January, Apache had announced layoffs for its West Texas operations, saying that it would lay off over 270 employees as it shut down its San Antonio offices. 60% from its 52-week high. Total SA, a French company whose U. 61 after earlier reaching $58. 21, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) has been named by FORTUNE magazine as one of the World's Most Admired Companies. As of 2018 the company operates in the United States, Egypt and the United Kingdom – the headquarters are located in Houston, Texas. Houston-based Apache Corp. The company said this will be a global reduction of staff and they haven't spoken to the specific. 1 Exhibit 99. It is hoted in N/A with IP address 216. Apache Corp. A free inside look at company reviews and salaries posted anonymously by employees. The company earned $901 million in pretax operating income in the first quarter, down 55 percent from the year ago quarter, on revenues of $6. Apache is focused on long-term. Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom North Sea, Australia and Argentina. The award will be presented to Apache by Keep Oklahoma Beautiful after the company selected six non-profit organizations and two. Apache Corporation is a Great Target for a Put Write - Investorplace. Apache reported that it has closed on the previously announced acquisition of Repsol YPF assets in Egypt's Western Desert and, with partner Shell Overseas Holdings, the acquisition of Fletcher Challenge Energy, for a combined cost to Apache of approximately $ 1 bn. The Tokyo-based marketing firm Piala Inc. 15 with Apache Corp. asked the Fifth Circuit on Thursday to affirm a decision that Great American Insurance Co. Apache Corp, Pharos Energy among bidders for Shell's Egypt onshore assets - sources How organisations are handling layoffs and salary cuts amidst the pandemic. Get the annual and quarterly balance sheets for Apache Corporation (APA) including details of assets, liabilities and shareholders’ equity. The company is on the Fortune 500. Citiux Corp. oil and gas producer Apache Corp (APA) will close its San Antonio, Texas office that houses the team overseeing its Alpine High venture in the Permian basin. Why Choose Devon. All Apache staff members on the firm’s operated assets will switch from. 3% after the company failed to inform when its newoffshore well, Maka Central #1, will be profitable. Apache is officially calling it quits on a highly publicized but disappointing shale discovery in West Texas after vehemently defending the play’s prospects for about three years. The high, low, and median analyst target prices for Apache are $66, $30, and $43, respectively. The company earned $901 million in pretax operating income in the first quarter, down 55 percent from the year ago quarter, on revenues of $6. oil and gas producer Apache Corp (APA) will close its San Antonio, Texas office that houses the team overseeing its Alpine High venture in the Permian basin. At Apache, we’re proud to play a part in elevating lives around the globe by providing natural gas, natural gas liquids, and oil to meet the world’s energy needs. , Apache Corp. Jan 9 (Reuters) - U. is planning a round of layoffs in Midland, Texas. By David Yates | Apr 16, 2019 HOUSTON – On Friday, Castex Energy secured a multimillion-dollar verdict against Apache Corp. We are 18 iconic brands, working together to provide an end-to-end suite of advanced energy technologies, products and services. Affected employees do not have bumping rights. As of 2018 the company operates in the United States, Egypt and the United Kingdom – the headquarters are located in Houston, Texas. The Houston-based company posted a roughly $3 billion writedown on its Alpine High project, a find from 2016 that fizzled when it turned out to hold more natural gas than oil. is closing its San Antonio office and eliminating more than 270 jobs as part of a reorganization designed to cut costs. 2 of 2 A vulture soars over an Apache Corporation flare and drilling rig north of the Davis Mountains Friday, Sept. Review the Apache Corporation website and other online resources to ensure the queries you have are not mundane, or redundant. In addition, the company has an offshore exploration program in Suriname. oil producer decided to reduce staff after reviewing operations late last year as energy prices fell, the sources said. View the latest news aboutApache. Com - Your source for daily economy updates on Job Layoffs , Job Losses, Bankruptcy, Store / Company Closings, Business and Economic Layoff News Apache Corp. The Ovintiv Edge. must pay roughly $1. American oil and gas producer Apache Corp will be closing its San Antonio office, resulting in the layoff of 272 employees. Even after years of news reports about serious data breaches, "123456" was still one of the most commonly used passwords in 2019. Analysts have had mixed reactions. The company earned $901 million in pretax operating income in the first quarter, down 55 percent from the year ago quarter, on revenues of $6. TULSA, Okla. Apache Corporation was founded in 1954 and is based in Houston, Texas. Frank says Apache is pleased to see more original equipment manufacturers offering NGV options. The top 10 competitors in RMR's competitive set are Larry Fitzpatrick, Esenjay Exploration, Rangeford Resources, Anaconda, PSI, Crutchfield Enterprises, Apache, Houston Energy, Bta Oil Producers and Pardus Oil & Gas. 35 minutes ago. January 9, 2020 / 4. Government. The dispute centers on contracts Apache signed in 2011 with Texas- based Apollo Exploration and Oklahoma’s Cogent Exploration and SellmoCo covering a series of oil and gas leases in the Texas Panhandle. Core Laboratories N. Berkeley , California , United States Industries Computer , Software Headquarters Regions San Francisco Bay Area , West Coast , Western US Founded Date 2009 Operating Status Active Number of Employees 251-500. According to the WARN letter, more than 85 employees will be affected. As America’s biggest manufacturing exporter, the company supports airlines and U. Find the latest Apache Corporation (APA) stock quote, history, news and other vital information to help you with your stock trading and investing. 23 from his position as senior vice president of worldwide exploration for Apache. Apache Corporation To Begin Layoffs in Permian Basin Apache Corporation To Begin Layoffs in Permian Basin MIDLAND, TX – The Houston oil and gas producer Apache Corporation told state workforce officials on Thursday that its layoffs of 85 employees will began Wednesday and will continue through May 18. News Details Back Apache Corporation and Total S. will be closing its office in San Antonio, resulting in layoffs,. View the latest APA financial statements, income statements and financial ratios. As of 2018 the company operates in the United States, Egypt and the United Kingdom – the headquarters are located in Houston, Texas. January 9, 2020 / 5:57 PM / 4 months ago. The Apache Incubator is the primary entry path into The Apache Software Foundation for projects and codebases wishing to become part of the Foundation’s efforts. Apache Portals is a collaborative software development project dedicated to providing robust, full-featured, commercial-quality, and freely available Portal related software on a wide variety of platforms and programming languages. -based Confluent, which develops a data streaming platform based on Apache Kafka, capable of not only publish-and-subscribe, but also the storage and. Houston , Texas , United States Industries Energy , Natural Resources , Oil and Gas Headquarters Regions Greater Houston Area , Southern US Founded Date 1954 Operating Status Active Funding Status IPO Number of Employees 10001+. --Apache Corporation has announced the donation of over 61,000 trees to 54 partner organizations through its annual Apache Tree Grant Program. 6 billion to $1. The rig, which is only 21 days old, is the first drilling rig in Texas that is 100-percent fueled by natural gas. Both companies filed Worker Adjustment and Retraining Notification Act …. oil and gas producer Apache Corp will close its San Antonio, Texas office overseeing its struggling Alpine High project in the Permian basin and 272 jobs will be affected. Provided by Alexa ranking, apachecorp. Commodities News. BIA - 575-464-4479. Senior managers are often privy to information that lower employees aren't entitled to. CoreCivic Inc. Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. Apache Corp. Apache has a one year low of $35. Apache is undergoing a mass layoff at its Midland facility at 303 Veterans Airpark Ln Ste 1000, Midland, TX, 79705. The company would not confirm how many positions will transfer to Mesa, but The Seattle Times reported that hundreds of employees will be asked to leave Seattle and head south. This has it expecting non-GAAP earnings per share between $2. Through its consolidated subsidiaries, Altus owns substantially all of the gas gathering, processing and transmission assets servicing production from Apache Corporation (“Apache”) (NYSE, Nasdaq: APA) in the Alpine High play in the Delaware Basin and owns equity interests in four. 2 Mln In 2018 - SEC Filing Latest News. When a significant number of top brass are jumping ship, company-wide layoffs could very well be around the corner. Braving Thursday morning's low temperatures, Apache Corp. Shares of Apache Corp. Total SA (TOT) said Thursday that it has made a second discovery along with Apache Corp. will close its San Antonio office and lay off 272 employees, a document filed with the Texas Workforce Commission states. Apache Corporation is a large independent oil and gas exploration and production company. Published on Jan 30, 2020. Industry veteran Steven Keenan resigned on Oct. Apache Portals is a collaborative software development project dedicated to providing robust, full-featured, commercial-quality, and freely available Portal related software on a wide variety of platforms and programming languages. 6000 +1 800. Apache Corp to close San Antonio office, cut 272 jobs. BIA - 575-464-4479. The chaos surrounding Oklahoma's Apache Indian tribe continues to fester in Anadarko, and now in Apache. dogstarmedia. Houston Chronicle - Apache Corp. It is organized in Delaware and headquartered in Houston. The affected employees worked at the Veterans Airpark Land office. Below is a chart showing the trailing twelve month trading history for Apache Corp, and highlighting in green where the $12. independent oil and gas producer Apache Corp rose more than 3 percent early on Wednesday to $56. The high, low, and median analyst target prices for Apache are $66, $30, and $43, respectively. Julie Bushman, the company's executive vice president of international operations, also. MIDLAND, TX - The Houston oil and gas producer Apache Corporation told state workforce officials on Thursday that its layoffs of 85 employees will began Wednesday and will continue through May 18. Media/News Company. could be operating just a single rig in the Eagle Ford Shale later this year, the Houston-based exploration and production company said Thursday, the latest sign of how falling oil. By Ernest Scheyder NEW YORK (Reuters) - U. 5 Oil Stocks Up More Than 50% During the Past. Apache stock falls as company takes defensive measures amid oil price declines Oil and gas company Apache Corp. The French oil giant Total (TOT), which has bought a 50% stake in the block from Apache, barely moved on the news, in part because it is a much larger company. The company is engaged in the oil, natural gas, and geothermal energy industries. Without providing specifics, Phil West, manager, media and public relations with Apache, told the Reporter-Telegram by email, "As we announced in October 2019, Apache has undertaken a comprehensive redesign of our organizational structure and. 75 billion in cash. Messages relating to layoffs at Apache Corp. Apache Corp. Benefiting our communities – Apache aims to invest in communities by hiring and spending locally. THE PRESIDENT: Well, thank you very much, everybody. Apache spent more than $16 billion acquiring oil and gas properties over the last three years. Apache plans to cut its 2020 capital spending by $250 million to $500. It occupies a historic location in Cochise County, Arizona, and is one of the county's largest employers. Apache Portals is a collaborative software development project dedicated to providing robust, full-featured, commercial-quality, and freely available Portal related software on a wide variety of platforms and programming languages. has filed suit against the former head of its Egyptian operations, alleging that the executive misappropriated sensitive trade secrets earlier this year when he left the Houston oil. are presented below the company info. Three energy firms have filed a $1. The Houston-based company posted a roughly $3 billion writedown on its Alpine High project, a find from 2016 that fizzled when it turned out to hold more natural gas than oil. There's already been a round of layoffs. Apache Corp. Find the latest Apache Corporation (APA) stock discussion in Yahoo Finance's forum. Many energy stocks, as a result, are gaining. HOUSTON , Jan. Oil futures are up for a sixth straight day, rising another 3. , and a Manager-Tax Practice by Arthur Andersen LLP. The affected employees work at Apache's facility at 303 Veterans Airpark Lane. Apache Corp. Reuters said the Houston. Apache reported Friday that the company has cut between $600 million and $700. The dispute centers on contracts Apache signed in 2011 with Texas- based Apollo Exploration and Oklahoma’s Cogent Exploration and SellmoCo covering a series of oil and gas leases in the Texas Panhandle. HOUSTON – Apache Corp. Layoffs Show Trouble in the Oil Patch Apache Corp. Apache is undergoing a mass layoff at its Midland facility at 303 Veterans Airpark Ln Ste 1000, Midland, TX, 79705. had exploration and production operations in United States, Egypt, and offshore United Kingdom in the North Sea. is shuttering its San Antonio office, resulting in the layoffs of 272 employees, the company said in a notice sent to the Texas Workforce Commission this week. Houston oil company Apache Corp. In 1954, the Apache Oil Corporation was founded in Minneapolis, Minnesota, by Truman Anderson, Raymond Plank and Charles Arnao with $250,000 in funding. Pivotal, the EMC-VMware spinoff that's developing a big data-infused Platform-as-a-Service for large organizations. Jan 9 (Reuters) - U. Apache Corp. The wave of rapid cost-cutting and right-sizing in the oilpatch continues with layoff announcements from Houston-based Apache Corp. The 32-story imitation of the Washington Monument, became Apache. Apache Corporation is an American petroleum and natural gas exploration and production company headquartered in Houston, Texas. (APA): $62 per share or $23. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Culver City, CA, Sept. See reviews, photos, directions, phone numbers and more for Apache Corporation locations in Oklahoma City, OK. This project is managed in cooperation with various individuals worldwide (both independent and company-affiliated. The ASF is a natural outgrowth of The Apache Group, a group of individuals that was initially formed in 1995 to develop the Apache HTTP Server. The affected employees work at Apache’s facility at 303 Veterans Airpark Lane. Apache may provide an update on the progress of its exploratory efforts across the 1. plans Texas layoffs. com - Apache Corporation : Home. employees in an effort to avoid more layoffs. Contributions in the 2020 cycle: $25,873. 5 Billion Market Cap – Based on a Long-term WTI Price of $65. 61 after earlier reaching $58. Schlumberger is also boosting its stock dividend 25%. History by Apache Cement Factory. Since our inception in 2013, Fieldwood […]. and Schlumberger layoffs. Some Tulsa Employees Affected By Apache Corporation Layoffs - News On 6 Sponsored Content. That prompted Bank of America analyst Doug Leggate to “immediately” turn bullish, saying the discovery off of South America’s coast is a. lay off 272 employees. This project is managed in cooperation with various individuals worldwide (both independent and company-affiliated. Initiates Furlough of Employees. It occupies a historic location in Cochise County, Arizona, and is one of the county's largest employers. Join LinkedIn today for free. HOUSTON, May 17, 2016 /PRNewswire/ -- Apache Corporation (NYSE,Nasdaq: APA) today announced that Cheri L. Daily Job Cuts / Layoffs - Your source for daily economy updates on recent Job Layoffs 2020 / 2019 , Job Losses, Layoff News, Store Closings 2020, Bankruptcy, Business and Economic News. BIA - 575-464-4479. In Mesa, the company produces cannon facilities for the U. Apache Corporation Announces First-Quarter 2020 Financial and Operational Results Key Takeaways Responded quickly and decisively to COVID-19 global pandemic by closing offices and implementing work-from-home-processes and stringent operational protocols in. This page provides information on activities implemented and achievements in 2016 and 2017. The oil company didn't say precisely how many workers will be let go. The wave of rapid cost-cutting and right-sizing in the oilpatch continues with layoff announcements from Houston-based Apache Corp. The source said that the deal will soon be revealed by Apache to its employees. Apache Corp. 32 for the year. Company profile page for Apache Industrial Services Inc including stock price, company news, press releases, executives, board members, and contact information. In addition, Apache and the USO will partner on future activities to support our military men and women and their families. View Emily McClung's business profile as Vice President, Community Partnerships and Employee Engagement at Apache Corporation. The further reductions come two weeks after Apache announced that the company would reduce its Permian Basin rig count to zero and a week after laying off 85 employees at its Midland office. Apache Corporation. Announce Significant Oil Discovery Offshore Suriname | Apache Corporation. Many energy stocks, as a result, are gaining. While Apache's layoffs are aimed at cutting costs, the positions being cut by Enterprise followed an expected shutdown of a Gulf rig owned by EnVen Energy. Get today's Apache Corporation stock price and latest APA news as well as Apache real-time stock quotes, technical analysis, full financials and more. Whiting and J. The assets comprise 621,000 gross acres (530,000 net acres) and more than 2,700 wells that had average net production of 67 million cubic feet of gas and 237 barrels of liquid hydrocarbons per day from late Cretaceous sands and coal seams during the second quarter of 2013. Apache has reported a steady decline in output in the last two reported quarters of 2019 and undertook a reorganization last summer that is expected to lead to a 10% to 15% average reduction in global workforce. said Tuesday that it has completed its $3. 229,Apache,Apache. Related Pages.