Charles Pitman - APA Lead Independent Director

APA Stock  USD 32.05  0.01  0.03%   

Director

Mr. Charles J. Pitman is no longer Lead Independent Director of the Company effective December 31, 2017
Age 73
Address One Post Oak Central, Houston, TX, United States, 77056-4400
Phone713 296 6000
Webhttps://www.apacorp.com
Pitman retired from BP Amoco plc in late 1999. During his 24year career at Amoco and BP Amoco, Mr. Pitman served in a variety of leadership positions in the United States and multiple international locations, principally in the Middle East. Notably, Mr. Pitman served as president of Amoco Egypt Oil Company from 1992 to 1996, president of Amoco Eurasia Petroleum Company from 1997 to 1998, and regional president BP Amoco plc Middle East/Caspian/Egypt/India from December 1998 until his retirement in 1999. Prior to joining Amoco, Mr. Pitman served in the United States Department of State as a Foreign Service officer and attorneyadviser. Since his retirement from BP Amoco, Mr. Pitman served as a nonexecutive director and chairman of Urals Energy Public Company Limited, an oil exploration and production company operating in Russia, from 2005 until 2009; chairman of the board of First Calgary Petroleums Ltd

APA Management Efficiency

The company has Return on Asset of 0.1508 % which means that on every $100 spent on assets, it made $0.1508 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.2736 %, implying that it generated $1.2736 on every 100 dollars invested. APA's management efficiency ratios could be used to measure how well APA manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.20. The current year's Return On Capital Employed is expected to grow to 0.56. At present, APA's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 16.1 B, whereas Non Currrent Assets Other are forecasted to decline to about 19.9 M.
The company has 5.3 B in debt with debt to equity (D/E) ratio of 3.64, meaning that the company heavily relies on borrowing funds for operations. APA Corporation has a current ratio of 1.03, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist APA until it has trouble settling it off, either with new capital or with free cash flow. So, APA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like APA Corporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for APA to invest in growth at high rates of return. When we think about APA's use of debt, we should always consider it together with cash and equity.

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APA Corporation, through its subsidiaries, explores for, develops, and produces oil and gas properties. APA Corporation was founded in 1954 and is based in Houston, Texas. Apa Corp operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 2253 people. APA Corporation (APA) is traded on NASDAQ Exchange in USA. It is located in One Post Oak Central, Houston, TX, United States, 77056-4400 and employs 2,271 people. APA is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

APA Corporation Leadership Team

Elected by the shareholders, the APA's board of directors comprises two types of representatives: APA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of APA. The board's role is to monitor APA's management team and ensure that shareholders' interests are well served. APA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, APA's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Bretches, Principal Operating Officer, Executive Vice President - Operations
Ben Rodgers, Vice President Treasury
Stephen Riney, Chief Financial Officer, Executive Vice President
John Lowe, Independent Non-Executive Chairman of the Board
Amy Nelson, Independent Director
John Christmann, Executive Vice President COO, North America
Rebecca Hoyt, Senior Vice President, Chief Accounting Officer, Controller
Daniel Rabun, Independent Director
Emily McClung, Vice President - Community Partnerships and Employee Engagement
George Lawrence, Independent Director
Dominic Ricotta, Senior Vice President - Human Resources
Clay Bretches, Principal Operating Officer, Executive Vice President - Operations
Juliet Ellis, Independent Director
Mark Maddox, Executive Administration
Castlen Kennedy, Vice Affairs
GRADY ABLES, Senior Region Vice President - North Sea, Egypt, and Houston Operations
Scott Grandt, Senior Development
Sarah Teslik, Senior Vice President - Policy and Governance
Timothy Sullivan, Executive Vice President - Operations Support
John IV, CEO Director
Charles Pitman, Lead Independent Director
W Meyer, Executive Vice President – Energy Technology, Data Analytics & Commercial Intelligence
Kregg Olson, Executive Vice President - Corporate Reservoir Engineering
JAMES HOUSE, Senior region Vice President - Houston region
Chansoo Joung, Independent Director
Cheri Peper, Corporate Secretary
Margery Harris, Executive Vice President - Human Resources
Urban OBrien, Vice President - Government Affairs
Anthony Lannie, Executive VP and General Counsel
Annell Bay, Independent Director
David Pursell, Executive Vice President - Planning, Reserves and Fundamentals
Gary Clark, Vice President - Investor Relations
H McKay, Independent Director
William Montgomery, Independent Director
Mark Meyer, Senior Vice President - Energy Technology Strategies
Peter Ragauss, Independent Director
Brian Freed, Senior Vice President - Midstream and Marketing
Paul Lannie, Executive Vice President General Counsel
Rodman Patton, Independent Director
Jon Graham, Vice President - Environmental, Health and Safety
Rene Joyce, Independent Director
Robert Bourne, Vice President - Business Development – Midstream and Marketing

APA Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is APA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with APA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if APA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in APA will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to APA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back APA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling APA Corporation to buy it.
The correlation of APA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as APA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APA Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for APA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running APA's price analysis, check to measure APA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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Is APA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of APA. If investors know APA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about APA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.272
Dividend Share
1
Earnings Share
9.25
Revenue Per Share
26.276
Quarterly Revenue Growth
(0.15)
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because APA's market value can be influenced by many factors that don't directly affect APA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.