Apache Corporation (NYSE:APA) will begin trading ex-dividend on October 21, 2020. The quarterly dividend payment of $ 0.025 per share is scheduled to be paid on November 23, 2020. The dividend yield based on the latest trading day closing price was 1.02 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Apache Corporation recently reported second quarter financial results on July 29, 2020, after market close, the Houston based company communicated loss for the second quarter of $ 0.74 per share, from the revenue of $ 596.00 million. The quarterly revenues reduced 62.82 percent compared with the same quarter last year. Wall street analysts are predicting, APA to report 2Q20 loss of $ 1.01 per share from revenue of $ 706.25 million. The bottom line results beat street analysts by $ 0.27 or 26.73 percent, at the same time, top line results fell short of analysts by $ 110.25 million or 15.61 percent.
Stock Performance
Shares of Apache Corporation traded up $ 0.56 or 6.09 percent on Thursday, reaching $ 9.76 with volume of 16.49 million shares. Apache Corporation has traded high as $ 9.78 and has cracked $ 8.96 on the downward trend
According to the previous trading day, closing price of $ 9.76, representing a 142.11 % increase from the 52 week low of $ 3.80 and a 72.76 % decrease over the 52 week high of $ 33.77.
The company has a market capital of $ 3.68 billion and is part of the Energy sector and Oil & Gas E&P industry.
Apache Corporation, an independent energy company, explores for, develops, and produces natural gas, crude oil, and natural gas liquids (NGLs). The company has operations in onshore assets located in the Permian and Midcontinent/Gulf Coast onshore regions; and offshore assets situated in the Gulf of Mexico region. It also holds onshore assets in Egypts Western desert; and offshore assets in the North Sea region, including the United Kingdom.
