Steven Farris

Entity type image
Type: Person
Name: Steven Farris (G Steven Farris)
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Apache Falls Victim to Say on Pay Vote

Only 49.8 percent of shareholders voted for Apache Apache"We want to see our performance improve as well and to do so we need to hit 3% to 5% percent growth and execute our plan. We believe we have the right plan in place to do that," Mr. Roper said. ... [Published Forbes.com - May 17 2013]
First reported May 17 2013 - Updated May 17 2013 - 1 reports

Vote oppose raises for Apache leaders

In a nonbinding vote that sent a clear message of discontent, Apache Corp. shareholders voted against higher pay for executives proposed at the company's annual meeting Thursday.The vote rebuked top management for weak stock performance and failure to ... [Published Houston Chronicle - May 17 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

APACHE CORPORATION : Apache Shareholders Don't Approve Executive Compensation

Apache Corp. (APA) shareholders didn't approve the energy company's executive compensation plan for 2012 at its annual meeting Thursday, making their displeasure with the company's performance known.Fewer than half of the voting shareholders, 49.8%, voted ... [Published 4 Traders - May 16 2013]
First reported May 16 2013 - Updated May 16 2013 - 1 reports

Apache investors reject executive pay raise in advisory vote

Steven Farris, chairman and chief executive officer of Apache Corp. (Aaron M. Sprecher/Bloomberg)Shareholders voted down a proposal to raise executive pay at Apache at a shareholders meeting on Thursday morning in Houston, a visible rebuke to top management ... [Published Fuel Fix - May 16 2013]
First reported May 10 2013 - Updated May 11 2013 - 1 reports

Apache Plans $4B In Asset Sales - Will It Be Enough To Get Investors Excited?

With its earnings release this week the Houston oil company announced that it had a plan to goose its lackluster share value. Apache ApacheAnd not a moment too soon. Apache shares have been deeply undervalued in recent months as investors have been turned ... [Published Forbes.com - May 10 2013]
First reported May 09 2013 - Updated May 10 2013 - 1 reports

Apache to sell $4 billion worth of assets by year-end 2013

US independent Apache said Thursday it plans to sell $4 billion worth of non-core assets by the end of the year to reduce its debt and repurchase shares.The company said it intends to use $2 billion of the proceeds to reduce debt and "enhance financial ... [Published Platts - May 09 2013]
First reported May 10 2013 - Updated May 10 2013 - 2 reports

Apache Earnings Call Nuggets: Joint Ventures and Moody’s Ratings

Apache Corporation ( NYSE:APA ) recently reported its first quarter earnings and discussed the following topics in its earnings conference call.Joint VenturesPearce Hammond, Jr. – Simmons & Co. : Steve, I guess, my first question is, you mentioned joint ... [Published Wall St. Cheat Sheet - May 10 2013]
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Apache seeks to sell $4 billion in oil-gas assets

HOUSTON -- Apache said it would seek to sell $4 billion in assets this year, doubling its divestiture program as the company tries to pay down debt and boost its stock price.The move by the Houston company follows similar strategies by Chesapeake Energy ... [Published World Oil - May 10 2013]
First reported May 09 2013 - Updated May 09 2013 - 4 reports

Apache Corp plans to sell assets worth $4 bn

Apache Corp, the second-largest US independent oil and gas company after Anadarko Petroleum, today said that it plans to sell assets worth $4 billion this year in order to reduce debt and buy back shares.The Houston-based company did not reveal which ... [Published domain-b - May 09 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

UPDATE: Apache Seeks to Sell $4 Billion in Oil, Gas Assets

Apache Corp. (APA) said it would seek to sell $4 billion in assets this year, doubling its divestiture program as the U.S. oil and gas company tries to pay down debt and boost its stock price.The move by the Houston company follows similar strategies ... [Published Capital.gr - May 09 2013]
First reported May 09 2013 - Updated May 09 2013 - 1 reports

Apache to divest assets worth $4 billion

05/09/2013Apache Corp. will sell properties worth $4 billion by the end of 2013 in what G. Steven Farris, chairman and chief executive officer, described as a program to “divest noncore assets while retaining those that drive long-term growth and generate ... [Published Oil and Gas Journal - May 09 2013]
First reported May 09 2013 - Updated May 09 2013 - 2 reports

Apache Reports 1Q Adjusted Earnings of $806 Mln. Plans $4 Bln Asset Sale

Apache Corporation reported first-quarter earnings of $698 million, or $1.76 per diluted common share, and adjusted earnings, which exclude certain items that impact the comparability of operating results, of $806 million or $2.02 per share.During the ... [Published Offshore Energy Today - May 09 2013]

Quotes

"Why is our stock where it is?" Farris said. "one is, we have a great company and have done a great job, but we have not done what we said we were going to do. the second is, our position in egypt. we can talk about success, but it is still an area of concern for our shareholders."
...Asked whether investors should think about Argentina being in Apacheâs portfolio for the long-term, Farris said, "right now theyâre troubled politically. how that fits in our portfolio long-term, weâll just have to see."
...months going through assets to see which to keep and which would be worth more to others CEO Steven Farris said during a call with investors. "the asset list we have generated, at today's prices, would exceed $4 billion."
"this rationalisation of our asset base flows naturally from more than $16 billion of acquisitions over the last three years. our goal is to ensure that apache's portfolio has the right mix of assets to generate attractive rates of return, drive production growth, and create shareholder value" said, Steven Farris, Apache's chairman and CEO

More Content

All (25) | News (17) | Reports (4) | Blogs (4) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
Apache Falls Victim to Say on Pay Vote [Published Forbes.com - May 17 2013]
Vote oppose raises for Apache leaders [Published Houston Chronicle - May 17 2013]
APACHE CORPORATION : Apache Shareholders Don't ... [Published 4 Traders - May 16 2013]
Apache investors reject executive pay raise in ... [Published Fuel Fix - May 16 2013]
Apache Plans $4B In Asset Sales - Will It Be En... [Published Forbes.com - May 10 2013]
Apache Earnings Call Nuggets: Joint Ventures an... [Published Wall St. Cheat Sheet - May 10 2013]
Apache Earnings Call Nuggets: Joint Ventures an... [Published Wall St. Cheat Sheet - May 10 2013]
Apache seeks to sell $4 billion in oil-gas assets [Published World Oil - May 10 2013]
Apache Corp plans to sell assets worth $4 bn [Published domain-b - May 09 2013]
Apache to sell $4 billion worth of assets by ye... [Published Platts - May 09 2013]
UPDATE: Apache Seeks to Sell $4 Billion in Oil,... [Published Capital.gr - May 09 2013]
Apache's CEO Discusses Q1 2013 Results - Earnin... [Published Seeking Alpha - May 09 2013]
Apache to divest assets worth $4 billion [Published Oil and Gas Journal - May 09 2013]
UPDATE 2-Apache plans to sell $4 bln in assets ... [Published London South East - May 09 2013]
Apache Q1 Profit Declines, Plans $4 Bln Asset S... [Published RTTNews.com - May 09 2013]
Apache Reports 1Q Adjusted Earnings of $806 Mln... [Published Offshore Energy Today - May 09 2013]
UPDATE 1-Apache plans to sell $4 bln in assets ... [Published London South East - May 09 2013]
Apache plans to sell $4 bln in assets by year-end [Published Yahoo! UK and Ireland - May 09 2013]
Apache Reports First-Quarter Results, $4 Billio... [Published NewsBlaze - May 09 2013]
Apache Reports First-Quarter Results, $4 Billio... [Published Barchart - May 09 2013]
Buy Apache - Market Fears Unfounded [Published Seeking Alpha - Apr 17 2013]
Apache: An Apology And Review Of Its Outlook [Published Long Investment Ideas from Seeking Alpha - Mar 31 2013]
Apache Earnings Call Nuggets: Lower Growth Rate... [Published Wall St. Cheat Sheet - Feb 15 2013]
Apache's CEO Discusses Q4 2012 Results - Earnin... [Published Transcripts from Seeking Alpha - Feb 14 2013]
Apache Earnings: Everything You Must Know Now [Published Wall St. Cheat Sheet - Feb 14 2013]
1
In Focus
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Apache Earnings Call Nuggets: Joint Ventures an... [Published Wall St. Cheat Sheet - May 10 2013]
Apache Corporation ( NYSE:APA ) recently reported its first quarter earnings and discussed the following topics in its earnings conference call.Joint VenturesPearce Hammond, Jr. – Simmons & Co. : Steve, I guess, my first question is, you mentioned joint ...
Apache Earnings Call Nuggets: Joint Ventures an... [Published Wall St. Cheat Sheet - May 10 2013]
Apache Corporation ( NYSE:APA ) recently reported its first quarter earnings and discussed the following topics in its earnings conference call. Joint Ventures Pearce Hammond, Jr. – Simmons & Co.: Steve, I guess, my first question is, you mentioned ...
Apache Earnings Call Nuggets: Lower Growth Rate... [Published Wall St. Cheat Sheet - Feb 15 2013]
Apache Corporation ( NYSE:APA ) recently reported its fourth quarter earnings and discussed the following topics in its earnings conference call. Lower Growth Rate in 2013 Arun Jayaram – Credit Suisse: Steve, I wanted to talk to you a little ...
Apache Earnings: Everything You Must Know Now [Published Wall St. Cheat Sheet - Feb 14 2013]
Apache Corp. ( NYSE:APA ) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Show your portfolio some love! Click ...
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2013 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.