Apache Corp. (APA) Was High Bigger on 90 Shelf, Deep Water Bids in Guld
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Price: $81.30 +0.51%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: -9.3%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: -9.3%
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Apache Corporation (NYSE: APA) was the high bidder on 90 shelf and deep water blocks in the Central Gulf of Mexico offshore lease sale held today by the Bureau of Ocean Energy Management (BOEM) in New Orleans.
Of the 56 companies submitting bids for Gulf of Mexico acreage, Apache Corp. was ranked No. 1 overall for its 61 high bids on the shelf, while Apache Deepwater LLC, the company's deep water arm, was ranked No. 4 overall with 29 high bids.
The sum of the combined high bids was nearly $96 million gross.
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Of the 56 companies submitting bids for Gulf of Mexico acreage, Apache Corp. was ranked No. 1 overall for its 61 high bids on the shelf, while Apache Deepwater LLC, the company's deep water arm, was ranked No. 4 overall with 29 high bids.
The sum of the combined high bids was nearly $96 million gross.
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