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home / news releases / APA - TransGlobe Energy: Passing Out The Cash

APA - TransGlobe Energy: Passing Out The Cash

APA Corporation
  • The company initiated a $.10 semiannual dividend.
  • The negative net debt position allows considerable financial flexibility not available to many competitors.
  • The new contract is far more profitable than the old one.
  • Higher commodity prices and the new contract will combine to dramatically increase cash flow.
  • Further profitable growth is not priced into the current stock price at all.

For further details see:

TransGlobe Energy: Passing Out The Cash
Stock Information
Company Name: APA Corporation
Stock Symbol: APA
Market: NYSE
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