Apache Corp (APA) Files Form 4 Insider Selling : Rebecca A Hoyt Sells 3,356 Shares

Apache Corp (APA): Rebecca A Hoyt , Sr. Vice Pres, Chief Acct Off of Apache Corp sold 3,356 shares on Sep 22, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $60.94 per share for a total value of $204,521.36 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 31, 2015, Margery M Harris (Exec. Vice President) purchased 1,115 shares at $42.00 per share price.On Aug 27, 2015, W Kregg Olson (Exec. Vice President) purchased 2,500 shares at $39.50 per share price.Also, On Aug 27, 2015, Stephen J Riney (CFO) purchased 6,000 shares at $39.54 per share price.On Aug 27, 2015, William C Montgomery (Director) purchased 5,000 shares at $39.90 per share price.

Apache Corporation: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Apache Corporation which led to swings in the share price. The shares opened for trading at $61.57 and hit $62.19 on the upside , eventually ending the session at $61, with a gain of 0.18% or 0.11 points. The heightened volatility saw the trading volume jump to 72,39,837 shares. The 52-week high of the share price is $60.94 and the company has a market cap of $23,145 M . The 52-week low of the share price is at $32.195.

Apache Corporation Money Flow Index Chart

On Sep 15, 2016, Apache Corporation announced a cash dividend of $0.2500. The company’s management has announced Oct 19, 2016 as the ex-dividend date and fixed the record date on Oct 21, 2016. The payable date has been fixed on Nov 22, 2016.

Company has been under the radar of several Street Analysts.Apache Corporation is Downgraded by Citigroup to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Aug 9, 2016.

Apache Corporation (Apache) is an independent energy company which explores for develops and produces natural gas crude oil and natural gas liquids. As of December 31 2014 Apache had exploration and production interests in five countries: the United States Canada Egypt Australia and the United Kingdom. During the year ended December 31 2014 it participated in drilling 1478 gross wells with 1407 (95%) completed as producers. As of December 31 2013 in addition to its completed wells several wells had not reached completion: 318 gross (214.7 net) in the United States; 27 gross (19.0 net) in Canada; 35 gross (32.5 net) in Egypt and 3 gross (2.2 net) in the North Sea. The Company’s operations in United States and Canada are constituted under its North America business while its International business constitutes its operations in Egypt Australia and the United Kingdom in the North Sea.

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