Past year: ▲ 93%(22.65 – 43.81 USD)
Each one in plain English, with the numbers worked through for a shareholder.
2 May 2022debt financing● Neutral
APA replaced Apache's 2018 credit facility with two new syndicated revolving credit agreements at the parent level -- a $1.8 billion five-year USD facility and a companion GBP facility -- with Apache guaranteeing the debt until its own bond debt falls under $1 billion.
1 Mar 2021business combination● NeutralMajor
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.
