APA Corp Enters Material Definitive Agreement
Ticker: APA · Form: 8-K · Filed: Jan 16, 2025 · CIK: 1841666
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: APA
TL;DR
APA Corp signed a big deal, creating new financial obligations.
AI Summary
APA Corporation announced on January 15, 2025, that it has entered into a material definitive agreement. This agreement creates a direct financial obligation for the registrant, as detailed in the filing.
Why It Matters
This filing indicates a significant new contract or financial commitment for APA Corp, which could impact its financial obligations and operational strategy.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and new financial obligations can introduce new risks related to performance, market conditions, or integration.
Key Players & Entities
- APA Corporation (company) — Registrant
- January 15, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by APA Corp?
The filing states that APA Corporation entered into a material definitive agreement on January 15, 2025, which creates a direct financial obligation for the registrant. Specific details of the agreement are not provided in this summary.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 15, 2025.
What is APA Corporation's central index key?
APA Corporation's central index key is 0001841666.
What is APA Corporation's standard industrial classification?
APA Corporation's standard industrial classification is CRUDE PETROLEUM & NATURAL GAS [1311].
What is the address of APA Corporation's principal executive offices?
The address of APA Corporation's principal executive offices is 2000 W. Sam Houston Pkwy. S., Suite 200, Houston, Texas 77042-3643.
Filing Stats: 2,179 words · 9 min read · ~7 pages · Grade level 13.1 · Accepted 2025-01-16 09:29:57
Key Financial Figures
- $0.625 — nge on which registered Common Stock, $0.625 par value APA Nasdaq Global Select
- $1.8 billion — e corporation ("APA"), terminated (i) US$1.8 billion of commitments under the Credit Agreeme
- $2.0 billion — cility, with aggregate commitments of US$2.0 billion (including a letter of credit subfacili
- $750 m — letter of credit subfacility of up to US$750 million, of which US$250 million currentl
- $250 million — ity of up to US$750 million, of which US$250 million currently is committed). APA may increa
- $2.5 billion — crease commitments up to an aggregate US$2.5 billion by adding new lenders or obtaining the
- $1.0 billion — xisting indentures first is less than US$1.0 billion. Borrowings under the USD Agreement m
- $300 million — p to an aggregate principal amount of US$300 million outstanding at any given time. All bo
Filing Documents
- d878789d8k.htm (8-K) — 41KB
- d878789dex101.htm (EX-10.1) — 630KB
- d878789dex102.htm (EX-10.2) — 598KB
- g878789g0116021151478.jpg (GRAPHIC) — 2KB
- 0001193125-25-007468.txt ( ) — 1685KB
- apa-20250115.xsd (EX-101.SCH) — 3KB
- apa-20250115_lab.xml (EX-101.LAB) — 18KB
- apa-20250115_pre.xml (EX-101.PRE) — 11KB
- d878789d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. APA CORPORATION Date: January 16, 2025 By: /s/ Ben C. Rodgers Ben C. Rodgers, Senior Vice President, Finance and Treasurer