New U.K. Tax Rates Are Hammering North Sea Oil And Gas Drilling [Forbes]
APA Corporation (APA)
Last apa corporation earnings: 2/26 05:26 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.apachecorp.com/events-and-presentations
Company Research
Source: Forbes
The mature hydrocarbon basin, which already had an onerous tax burden, saw things take another turn for the worse following a change of government in July. The country's Labour party and its Chancellor Rachel Reeves made sure North Sea operators felt their share of the highest tax hikes instituted by any British government in recent memory, as part of her now widely derided autumn budget delivered on October 30 It included an increase in the so-called windfall tax on North Sea oil and gas producers to 38% from 35% and an extension of the levy by one year to March 2030. It brought the U.K.'s headline tax rate on oil and gas operations to 78%, among the highest in the world. The changes also included scrapping the levy's 29% investment allowance, which lets hydrocarbon explorers offset tax from capital that is re-invested. The new fiscal framework has triggered widespread fears of a decline in investment and exits from the North Sea. The increase to the windfall tax, formally kn
Show less
Read more
Impact Snapshot
Event Time:
APA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
APA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
APA alerts
High impacting APA Corporation news events
Weekly update
A roundup of the hottest topics
APA
News
- APA Co. (NASDAQ: APA) had its price target lowered by analysts at UBS Group AG from $29.00 to $28.00. They now have a "neutral" rating on the stock.MarketBeat
- APA Co. (NASDAQ: APA) had its price target lowered by analysts at Piper Sandler from $28.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
- UBS: APA Corporation (NASDAQ:APA) Is A Bottom-Ranked Quant Stock [Yahoo! Finance]Yahoo! Finance
- APA Q3 Earnings Miss Even as Callon Buyout Drives Production [Yahoo! Finance]Yahoo! Finance
- APA Co. (NASDAQ: APA) had its price target lowered by analysts at JPMorgan Chase & Co. from $29.00 to $25.00. They now have a "neutral" rating on the stock.MarketBeat
APA
Earnings
- 11/6/24 - Miss
APA
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- APA's page on the SEC website