APA - HoustonNewMedia.org https://houstonnewmedia.org/tag/apa/ Building "Bridges" Across the Bayou City! Fri, 23 Oct 2020 12:31:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 APA - HoustonNewMedia.org https://houstonnewmedia.org/tag/apa/ 32 32 103504436 JCPenney sale moves forward, exit from Chapter 11 expected before December https://houstonnewmedia.org/jcpenney-sale-moves-forward-exit-from-chapter-11-expected-before-december/?utm_source=rss&utm_medium=rss&utm_campaign=jcpenney-sale-moves-forward-exit-from-chapter-11-expected-before-december Fri, 23 Oct 2020 12:31:12 +0000 http://houstonnewmedia.org/?guid=766b1a34221d9e151c3e69c4def723ee The sale of J.C. Penney Co. Inc. is getting closer to the finish line, the company announced this week.

JCPenney has filed a draft asset purchase agreement (APA), which tracks the terms of its previously announced letter of intent to sell the company ...

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]]> 84414 Apache makes big spending cuts, slashes dividends https://houstonnewmedia.org/apache-makes-big-spending-cuts-slashes-dividends/?utm_source=rss&utm_medium=rss&utm_campaign=apache-makes-big-spending-cuts-slashes-dividends Thu, 12 Mar 2020 19:16:18 +0000 http://houstonnewmedia.org/?guid=924c1865628913759b8bfc9ab2c9108d Houston-based Apache Corp. (NYSE: APA) has shed several hundred million dollars from its 2020 spending plan and cut its dividend by 90 percent.

Apache now plans capital investment to be between $1 billion and $1.2 billion, down from the previous expec...

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]]> 25383 Apache cuts losses on much-touted Alpine High play https://houstonnewmedia.org/apache-cuts-losses-on-much-touted-alpine-high-play/?utm_source=rss&utm_medium=rss&utm_campaign=apache-cuts-losses-on-much-touted-alpine-high-play Thu, 27 Feb 2020 20:23:18 +0000 http://houstonnewmedia.org/?guid=ddb50cae602639a6b33b9eefce3b4d08 Houston-based Apache Corp. (NYSE: APA) has cut spending on its Alpine High play and claimed impairment on the value of the related assets.

Apache has run into challenges around the performance of its development tests in Alpine High, a much-touted oil...

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]]> 21725 Houston-based oil and gas producer to close facility, affecting 272 jobs https://houstonnewmedia.org/houston-based-oil-and-gas-producer-to-close-facility-cut-272-jobs/?utm_source=rss&utm_medium=rss&utm_campaign=houston-based-oil-and-gas-producer-to-close-facility-cut-272-jobs Thu, 09 Jan 2020 17:39:08 +0000 http://houstonnewmedia.org/?guid=77c6c9a05bcffd65ec20ccd9cae76fa9 Houston-based Apache Corp. (NYSE: APA) plans to close a facility in San Antonio this year, a move that will affect 272 jobs.

The layoffs are expected to start on March 6, according to Worker Adjustment and Retraining Notification Act letter filed with...

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