APA Corp. Files Definitive Proxy Statement (DEF 14A)
Ticker: APA · Form: DEF 14A · Filed: Apr 12, 2024 · CIK: 1841666
Sentiment: neutral
Topics: APA Corp, DEF 14A, Proxy Statement, SEC Filing, Shareholder Meeting
TL;DR
<b>APA Corp. has filed its Definitive Proxy Statement (DEF 14A) on April 12, 2024.</b>
AI Summary
APA Corp (APA) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. APA Corp. filed a DEF 14A form on April 12, 2024. The filing covers the period ending May 23, 2024. The company's fiscal year ends on December 31. APA Corp. is incorporated in Delaware. The company's principal business is Crude Petroleum & Natural Gas extraction.
Why It Matters
For investors and stakeholders tracking APA Corp, this filing contains several important signals. This filing is a routine requirement for public companies to provide shareholders with information regarding annual meetings, director nominations, and executive compensation. Shareholders will use this document to make informed decisions about voting on corporate matters and electing directors.
Risk Assessment
Risk Level: low — APA Corp shows low risk based on this filing. The filing is a standard DEF 14A, indicating no immediate or unusual financial or operational distress.
Analyst Insight
Review the proxy statement for details on executive compensation, director nominations, and any shareholder proposals to inform voting decisions.
Key Numbers
- 2024-04-12 — Filing Date (DEF 14A filing date)
- 2024-05-23 — Period of Report (Conformed period of report)
- 1231 — Fiscal Year End (Company fiscal year end)
- 001-40144 — SEC File Number (SEC file number for APA Corp.)
Key Players & Entities
- APA Corp (company) — FILER
- 2024-04-12 (date) — FILED AS OF DATE
- 2024-05-23 (date) — CONFORMED PERIOD OF REPORT
- DE (location) — STATE OF INCORPORATION
- 1311 (industry_code) — STANDARD INDUSTRIAL CLASSIFICATION
- 713.296.6000 (phone) — BUSINESS PHONE
- 2000 POST OAK BLVD (address) — BUSINESS ADDRESS STREET 1
- HOUSTON (city) — BUSINESS ADDRESS CITY
FAQ
When did APA Corp file this DEF 14A?
APA Corp filed this Proxy Statement (DEF 14A) with the SEC on April 12, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by APA Corp (APA).
Where can I read the original DEF 14A filing from APA Corp?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by APA Corp.
What are the key takeaways from APA Corp's DEF 14A?
APA Corp filed this DEF 14A on April 12, 2024. Key takeaways: APA Corp. filed a DEF 14A form on April 12, 2024.. The filing covers the period ending May 23, 2024.. The company's fiscal year ends on December 31..
Is APA Corp a risky investment based on this filing?
Based on this DEF 14A, APA Corp presents a relatively low-risk profile. The filing is a standard DEF 14A, indicating no immediate or unusual financial or operational distress.
What should investors do after reading APA Corp's DEF 14A?
Review the proxy statement for details on executive compensation, director nominations, and any shareholder proposals to inform voting decisions. The overall sentiment from this filing is neutral.
How does APA Corp compare to its industry peers?
APA Corp. operates within the Crude Petroleum & Natural Gas industry, focusing on exploration and production.
Are there regulatory concerns for APA Corp?
As a publicly traded company, APA Corp. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder communication.
Industry Context
APA Corp. operates within the Crude Petroleum & Natural Gas industry, focusing on exploration and production.
Regulatory Implications
As a publicly traded company, APA Corp. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder communication.
What Investors Should Do
- Review executive compensation details and any proposed changes.
- Examine director nominations and qualifications.
- Analyze any shareholder proposals and management's recommendations.
Year-Over-Year Comparison
This is the initial DEF 14A filing for the current reporting period, with no prior filing data available for direct comparison within this extract.
Filing Stats: 4,367 words · 17 min read · ~15 pages · Grade level 19.5 · Accepted 2024-04-12 09:16:21
Key Financial Figures
- $637 million — for the year. This included a total of $637 million returned, through the repurchase of 8.7
- $329 million — 8.7 million shares of common stock for $329 million and the payment of $308 million in divi
- $308 million — ock for $329 million and the payment of $308 million in dividends. For 2024, excluding imp
Filing Documents
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Executive Compensation
Executive Compensation 33 Director Compensation 45 Proposal 11: Ratification of Auditor Appointment 48 Fees Paid to the Independent Auditor 48 Pre-Approval of Independent Auditor Services and Fees 49 Report of the Audit Committee 50 Proposal 12: Advisory Vote on NEO Compensation 51 General Information 51 Say-on-Pay 51 Effect of Your Vote 51 Other Information 52 Securities Ownership and Principal Holders 52 Equity Compensation Plan Information 53 How to Register for and Access the Virtual Meeting 54 Voting 54 Additional Information 56 Index of Frequently Requested Information: 2023 Annual Incentive Scorecard 25 Board and Committee Evaluations 4 Board Diversity 9 Board Risk Oversight 5 CEO Pay Ratio 41 Clawback Policy 30 Climate Change Risk Oversight 6 Compensation Discussion and Analysis 21 Director Compensation Table 47 Insider Trading Policy 10 Pay versus Performance Table 42 Peer Group (2023 Compensation) 25 Peer Group (2023 TSR Performance) 29 Pledging and Hedging Policies 10 Stock Ownership Requirements (Directors) 46 Stock Ownership Requirements (Officers) 30 Summary Compensation Table 33 References to APA, the Company, our, we , and us mean APA Corporation and its consolidated subsidiaries, unless the context indicates otherwise. Information on our website and any other website referenced herein is not incorporated by reference into, and does not constitute a part of, this proxy statement. 2024 Proxy Statement 1 ABOUT APA CORPORATION A GLOBAL PORTFOLIO FOCUSED ON SUSTAINABILITY WITH STRONG CORPORATE GOVERNANCE AIR Experienced and Diversified Board WATER Comprehensive Risk Management COMMUNITIES + PEOPLE Extensive Stakeholder Engagement The Company's subsidiaries have exploration and production (E&P) operations in the United States, Egypt's Western Desert, and the United Kingdom's North Sea and exploration operations offshore Suriname. Since