APA Corp

the exchange certified APA Corp's securities for listing, clearing them to begin trading.

listing compliance notice

APA raised $850 million in a private notes offering (6.10% due 2035, 6.75% due 2055) to fund a tender offer for outstanding Apache notes, continuing to refinance legacy Apache debt at the parent level.

material agreement

APA completed its acquisition of Callon Petroleum, converting each Callon share into 1.0425 APA shares and carrying over Callon's equity awards and warrants as APA equivalents; Callon is now a wholly owned APA subsidiary.

business combination

Amendment No. 1 to the registration statement for APA's all-stock purchase of Callon Petroleum, adding the voting machinery: February 15, 2024 record dates for both special meetings and the ownership split holders would end up with, about 81% APA and 19% Callon. The amended document still carries the fixed ratio of 1.0425 APA shares per Callon share - roughly $38.31 a Callon share at announcement - and break fees of $170 million if APA walks or $85 million if Callon does.

business combination

APA registered the shares for its all-stock takeover of Callon Petroleum: 1.0425 APA shares per Callon share, valued at about $38.31 a Callon share when the deal was signed, buying Callon's Permian acreage. The document is the joint proxy for both shareholder votes, so the deal still needed approval on both sides at this point.

business combination

APA agreed to acquire Callon Petroleum in an all-stock deal (1.0425 APA shares per Callon share), adding scale to its Delaware Basin (Permian) position; the deal is expected to be accretive to APA's key financial metrics.

business combination

APA Corporation was created as a new Delaware holding company for Apache Corporation, becoming the successor SEC registrant on Nasdaq under the same ticker (APA) via a Rule 12g-3 holding-company reorganization. Apache itself -- whose operating history predates this restructuring -- continues on as a wholly owned subsidiary.

business combination