Apache Co. (APA) to Issue Quarterly Dividend of $0.03 on November 23rd
Apache Co. (NASDAQ:APA) announced a quarterly dividend on Wednesday, September 16th, Zacks reports. Stockholders of record on Thursday, October 22nd will be given a dividend of 0.025 per share on Monday, November 23rd. This represents a $0.10 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Wednesday, October 21st.
Shares of NASDAQ APA traded up $0.18 during midday trading on Friday, hitting $12.60. 85,145 shares of the company traded hands, compared to its average volume of 14,262,792. Apache has a 12-month low of $3.80 and a 12-month high of $33.77. The stock has a market capitalization of $4.69 billion, a P/E ratio of -0.59 and a beta of 4.66. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.97 and a quick ratio of 0.97.
Apache (NASDAQ:APA) last posted its earnings results on Wednesday, July 29th. The company reported ($0.74) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.99) by $0.25. The firm had revenue of $752.00 million for the quarter, compared to the consensus estimate of $700.99 million. Apache had a negative return on equity of 14.27% and a negative net margin of 154.17%. Research analysts anticipate that Apache will post -1.41 earnings per share for the current year.
Apache Company Profile
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.
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