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INX:APA, May 29, 10:59 UTC

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The Apache Software Foundation Announces Apache® Subversion® 1.14.0-LTS

APA

Community-led Version Control Software and Source Code Management Tool Available on Most Integration Servers, Integrated Development Environments, Issue Tracking Systems, and more. Able to service projects of any size, from individuals up to large scale collaborative efforts, Subversion is ideal for work in vast swaths of industries, from software development to semiconductor design, scientific research to medical technology. "First and foremost, I'd like to thank all of our developers and community members who helped make this release possible," said Nathan Hartman, Vice President of Apache Subversion. The ASF uses Subversion this way in its own infrastructure, housing more than 80 of its Apache Top-Level Projects and sub-projects comprising millions of lines of code, including Subversion itself, in a single Subversion repository that makes all 1.8 million revisions of that information available to collaborators worldwide. When dealing with such vast amounts of data, including all of its revisions, one might wonder about storage costs.

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Monday, May 18


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RBC Capital Sticks to Their Hold Rating for Apache

APA

RBC Capital analyst Scott Hanold maintained a Hold rating on Apache on Wednesday, setting a price target of $12, which is approximately 13.10% above the present share price of $10.61. Hanold expects Apache to post earnings per share (EPS) of -$11.86 for the second quarter of 2020. The current consensus among 18 TipRanks analysts is for a Hold rating of shares in Apache, with an average price target of $11.75.The analysts price targets range from a high of $33 to a low of $4.5. According to TipRanks.com, RBC Capital analyst Scott Hanold is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.4%% and a 0.31% success rate.

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Thursday, May 14


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Apache Declares Cash Dividend on Common Shares

APA

HOUSTON, May 14, 2020 (GLOBE NEWSWIRE) -- The board of directors of Apache Corporation (NYSE, Nasdaq: APA) has declared a regular cash dividend on the company's common shares. The dividend on common shares is payable Aug. 21, 2020, to stockholders of record on July 22, 2020, at a rate of 2.5 cents per share on the corporation’s common stock. About ApacheApache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom and exploration activities offshore Suriname. Apache posts announcements, operational updates, investor information and press releases on its website, www.apachecorp.com.

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Tuesday, May 12


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DataStax Astra Now Available, Bringing Apache Cassandra Performance, Reliability, and Scale to the Cloud

GOOGL APA +3 more GOOGL APA PYPL GOOG CSCO

SANTA CLARA, Calif.--(BUSINESS WIRE)--DataStax today announced the general availability of DataStax Astra, a database-as-a-service (DBaaS) for Apache Cassandra™ applications, simplifying cloud-native Cassandra application development. According to research conducted by ClearPath Strategies, developers and operators cite the top two reasons for using Cassandra as a good hybrid solution (62 percent) and highly scalable (57 percent); however, 36 percent of practitioners cite a lack of skilled staff as the top obstacle to Cassandra adoption.1 Astra helps overcome that operational challenge by making Cassandra’s masterless, scale-out architecture and linear scalability easily accessible as an on-demand cloud service. "Cassandra is at the center of this with its reliability, resilience, and scalability. We are looking forward to the new release of DataStax Astra that could offer us an easier, better experience for Cassandra deployment and application development in the cloud." "At FamilySearch, we have worked hard to establish a technical infrastructure that enables an always-on operation for our customers. DataStax Enterprise and Cassandra are core elements of that infrastructure, enabling us to scale the data tier for our applications to meet the demands of our patrons," said Tom Creighton, chief technology officer at FamilySearch. "DataStax Astra aligns very nicely with our overall DevOps model of automated infrastructure in the cloud.

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Thursday, May 07


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Apache's Q1 Loss Narrower Than Expected, Sales Miss Mark

APA

Apache Corporation APA reported first-quarter 2020 loss per share — excluding one-time items — of 13 cents, narrower than the Zacks Consensus Estimate of a loss of 30 cents. This better-than-expected result is led by improved Permian production. However, the bottom line came in against the year-ago quarter’s earnings of 10 cents per share due to weak commodity price realizations and increased operating expenses. Revenues of $1.28 billion were 22% lower than the first-quarter 2019 sales of $1.64 billion and marginally missed the Zacks Consensus Estimate as well. The company reported an adjusted operating cash flow of $523 million in the first quarter. As of Mar 31, this oil giant had approximately $428 million in cash and cash equivalents and $4 billion revolving credit facility, which matures in 2024.

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Wednesday, May 06


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Apache (APA) Reports Q1 Loss, Misses Revenue Estimates

APA

Apache (APA) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.30. A quarter ago, it was expected that this oil and natural gas producer would post a loss of $0.04 per share when it actually produced earnings of $0.08, delivering a surprise of 300%. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Apache was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.

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Apache Corp posts quarterly loss as value of oil assets drops

APA

(Reuters) - U.S. oil producer Apache Corp reported a first-quarter loss on impairment charges to some of its older wells in the Permian Basin, the top U.S. oil field, on Wednesday, as a historic price crash sinks the value of oil properties. Shale oil producers in North America are grappling with the worst oil price shock in decades, which has led several companies, including Apache, to cut spending for the year and slash dividends. Apache reported a quarterly loss of $4.5 billion, or $11.86 per share, compared with a loss of $47 million, or 12 cents per share, for the same period last year. "While the 2020 outlook for the global economy and the oil and gas industry, specifically, is uncertain, we have made great strides in this environment to reduce our cost structure," he said.

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Apache: 1Q Earnings Snapshot

APA

HOUSTON (AP) _ Apache Corp. (APA) on Wednesday reported a loss of $4.48 billion in its first quarter. On a per-share basis, the Houston-based company said it had a loss of $11.86. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share. Apache shares have declined 55% since the beginning of the year, while the Standard & Poor's 500 index has decreased 12%.

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Apache Corporation Announces First-Quarter 2020 Financial and Operational Results NYSE:APA

APA

Apache Corporation Announces First-Quarter 2020 Financial and Operational Results. HOUSTON, May 06, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced first-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp). It will be webcast and archived on Apache’s website and available for playback by telephone for one week. Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore Suriname.

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Tuesday, May 05


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Why Earnings Season Could Be Great for Apache (APA)

APA

That is because Apache is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for APA in this report. This suggests that analysts have very recently bumped up their estimates for APA, giving the stock a Zacks Earnings ESP of +1.33% heading into earnings season. Our recent 10-year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).

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