Apache Corp., founded in 1954 and headquartered in Houston, Texas, is a leading independent oil and gas exploration and production company. The company focuses on acquiring and developing both conventional and unconventional oil and natural gas resources across North America, the North Sea, and Egypt. Apache is committed to operational excellence and sustainable practices in the energy sector.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Apache Corp. has a notable history of bond issuances, beginning with its first issuance in the late 1980s. A significant issuance occurred in 2020 when the company raised $1.5 billion through a two-part bond offering, which included senior notes maturing in 2025 and 2030, reflecting favorable market conditions at the time. Current yields on Apache bonds are competitive compared to industry peers, showcasing the company’s resilience amidst fluctuating market dynamics. Recently, Apache has also focused on maintaining a prudent balance sheet and has taken steps to further optimize its capital structure through strategic refinancing of its existing debt.