On earnings, the Ascend announcement today or what is to come tomorrow.

Why did Apache decide to get rid of some of its best people? Why does this keep happening over and over again? Who makes these decisions? Every time they lay off somebody who makes too much money (according to them, of course) they have to hire... — read more 

Well, the first round is done. I’ve heard rumors of the full tally of yesterday, somewhere in the upper 100s, maybe even greater than 200. SA got hammered, and geos/engineers in Midland/Houston did too. Land will be on the horizon, and then support... — read more 

For anyone who is getting a severance today and unsure if they are getting what is rightfully suppose to come to them, get legal advice. Do not sign anything until you do.

As everyone probably knows, offers to remain in the new organization as well as separation packages went out today. Those who got offers to transfer to the “new” organization still are required to sign their offer letter. I’m guessing this is... — read more 

Looks like it has started....

Old but relevant: Apache Corp. is shuttering its San Antonio office, resulting in the layoffs of 272 employees, the company said in a notice sent to the Texas Workforce Commission this week. The layoffs will be implemented on March 6, 2020... — read more 

Heard Midland is getting hit today with layoffs/relo offers. Any truth to that?

Any new rumors or updates?

Well... our grand bonuses are getting paid tomorrow. Guess there is no more reason to stick around this sinking ship and the incompetent CEO and all his incompetent buddies!

Anything going on? Seems eerie quiet and the ides of march are approaching.......

I’m curious what data this list is based on?

Anyone have news on whos buying the fields located in Snyder, Ira, and Hamlin, TX? we were told our last day with Apache is Feb 28 but, didn't release what company is buying the fields.

If HR or project team is reading this or anyone else, will employees that are voluntary leaving or involuntary let go: will they black listed by company to be consider for future position?

Does anyone know what the salary multiple was for those who accepted the early retirement offer? Was it 2 weeks per year of service? 1 month per year? 80% of a month per year? Or was there no standard salary multiple?

It seems its all quiet on the front.....any updates in Houston office? Thinking it might take a hit at the near end of January.

It is extremely coincidental that the company announced this discovery less than a week after phantom unit distribution (which act like a cash distribution for the company) for employees, even though they've known about the oil discovery for months... — read more 

A large body of experience just walked out the door today, due to the early "retirement" mini-incentive offered in November. It's a shame, but there are opportunities for APA competitors right now with these on the market. Mismanagement at it's... — read more 

How’s your French Christmann? Thank you to Total for saving 2019 Christmas. I’m surprised it hasn’t hit the market news-wise though...

SA Apache: lied about Alpine being an oil play. As former Enron, of course they did. And then they stole from other offices like Midland and Tulsa once they infiltrated. Treated underlings c-appy and fired those who said anything. Tanked everyone’s... — read more 

Post Oak is shrinking, but the trees kept voting for the axe. For the axe was clever and convinced the trees that because his handle was wood he was one of them.

Anyone have any idea what kind of severance will be given to people who do get an offer in Houston, but don’t want to be trapped in the same building as our CEO in a giant, ugly parking lot of a city?

Did we all just get the sack?

Wow... so quiet considering the news that came out today! Figures everybody would be celebrating the closure of the SA office.

There is no way to spin the numbers to make APA look good. Continuing to pay dividends despite losses, amassing debt, willingly decimating our own revenue each quarter via asset sales, and now making the noble decision to be explorers despite having... — read more 

I didn’t expect this to be honest i got my first pay cut as a pumper 3 from 79k to 70k a year and they cutting the pension plan what a bs looking to go somewhere else asap

Did anyone else hear or read on the FAQ's: severed employees who have carryover vacation will not be paid for it? That sounds weird? Right? If you were vested to get the benefit, why could a severed employee not get the benefit? Anyone gotten... — read more 

Don't have finance knowledge, is it possible the news about the Suriname update might have been anticipated to cause a drop so better news will help drive the stock up? Or the plunge would make the benefit payouts better on the equity?

So tired of our management bungling everything. Does anyone know anything actually concrete about Maka?? If they are testing it means they found something right? Maybe it is gas so therefore uneconomic.... I should not have put so much into... — read more 

Apache Stock has a great cyber Monday sale going on. Purchase now and a really good chance it will drop in price!

Apache stock closes at $19.54, down $2.74 (12.3%) close to a 19 year low. It is the largest single day drop (in percent) since November 2008. This is based on evaluation of an exploratory well in block 58, offshore Surinam. Initial depth of 6200... — read more 

Apache Corporation Issues Operational Update on the Maka Central - 1 Well Offshore Suriname https://finance.yahoo.com/news/apache-corporation-issues-operational-maka-120010406.html

I believe yesterday was the final day to accept a retirement package if offered one. Unfortunately, this might signal the start of layoffs. Interesting point @11YHmyU0-gcsz . Could this really be an indication that the layoffs could start soon? — read more 

Our managers are making a huge gamble on this Suriname well..... It better pay off. Anyone hear anything about the well? It should have TDed already.

What do we know?

So I got a call this morning from My Forman wanting to talk just now!!! So went to his office and he was like we have to talk about your paid they fkinf cutting my paid like wtf it’s not a lot but still it’s bs putting my 2 weeks really soon f this... — read more 

Any news?

Early retirement packages were offered today. Standard (up to) one year pay, 80% bonus and stock plan vested depending on age and years of service. Employees have until the 26th to make a decision.

On top of layoffs, are they going to ask employees to take pay cuts?

Once again a nonsensical non- decision making town hall. The fact that the holidays are coming and there is no information regarding office closures or even retirement packages shows who the top management cares about, and it's not the employees!!!!... — read more