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ASX:APA

6 stories mentioning ASX:APA

Every FINWIRES story that references ASX:APA, newest first.

Asia

ASX Biggest Losers

Here are the ASX-listed companies with the biggest losses.Insurance Australia Group (ASX:IAG): -4%, AU$7.82Block (ASX:XYZ): -3%, AU$96.49Xero (ASX:XRO): -2%, AU$74.65Wisetech Global (ASX:WTC): -1%, AU$37.11Goodman Group (ASX:GMG): -1%, AU$30.44Origin Energy (ASX:ORG): -1%, AU$10.95Telstra Group (ASX:TLS): -1%, AU$5.39APA Group (ASX:APA): -1%, AU$10.20QBE Insurance Group (ASX:QBE): -1%, AU$23.65Meridian Energy (ASX:MEZ): -1%, AU$4.81

ASX 200ASX:APAASX:GMGASX:IAGASX:MEZASX:ORGASX:QBEASX:TLSASX:WTCASX:XROASX:XYZ
Asia

APA Group Awards Engineering Services Agreement to Worley

APA Group (ASX:APA) awarded an engineering services framework agreement to Worley (ASX:WOR) for gas transmission and storage projects in Australia, according to a Wednesday filing with the Australian bourse.Worley will provide services on an exclusive single contractor partnering model under the agreement, which has an initial three-year term. The services will be delivered mainly from Worley's Brisbane office, with specialist support from Melbourne.

ASX:APAASX:WOR
Asia

APA Group Secures Nearly AU$2 Billion in Debt to Fund Growth Strategy

APA Group (ASX:APA) has raised AU$1.5 billion through AU$1 billion in hybrid subordinated capital securities and AU$500 million in 10-year senior notes to support its ongoing expansion plans, according to a Thursday Australian bourse filing.The hybrid component is split into two 30-year instruments of AU$400 million and AU$600 million, both paying a fixed 6.77% interest rate and callable after 7.5 years, while the senior notes carry a 10-year maturity with a 6.42% interest rate, the filing said.

ASX:APA
Asia

Moody's Affirms 'Baa2' Rating for APA Group

APA Group (ASX:APA) has had its "Baa2" long-term credit rating affirmed by Moody's Ratings with a stable outlook, according to a Tuesday Australian bourse filing.The agency highlighted the company's stable energy infrastructure assets and strong cash flow visibility, while modestly revising its downside funds-from-operations-to-debt threshold to 7% from 8%, the filing added.

ASX:APA
Asia

Elixir Energy Front-Runner in Queensland-Based Taroom Trough, Says Euroz Hartleys

Elixir Energy (ASX:EXR) is a key pick to tap the potential of the Taroom Trough, an emerging onshore oil and gas basin in Queensland that is gaining mainstream attention, Euroz Hartleys said Monday in a note.Queensland Premier David Crisafulli last week led federal officials on a visit to the Taroom Trough with operators including Elixir Energy to highlight the basin's potential as a source of energy security.Elixir, much like the oil giant Shell, which is steering the commercialization of the basin, commenced feasibility work on Friday with APA Group (ASX:APA) on a pipeline linking potential Taroom Trough gas production to the Wallumbilla Gas Hub, improving access to domestic and export markets. Early drilling results from these companies are suggesting encouraging resource potential.Euroz Hartleys is betting on Elixir as the company trades at about half the valuation of basin peer Omega Oil and Gas (ASX:OMA) despite holding the largest net acreage and resource position in the Taroom. Additionally, Elixir holds a 50% stake in the Diona well, a side project close to the Taroom, which could support small-scale and near-term production if testing is successful.Euroz Hartleys maintained its speculative buy rating on Elixir Energy and raised its price target to AU$0.28 from AU$0.19.

ASX:APAASX:EXRASX:OMA
Asia

APA Group Signs Three-Year Partnership With Energy Technology Company

APA Group (ASX:APA) entered into a three-year partnership deal with Siemens Energy to support Australia's energy transition, the energy infrastructure company said in a statement on Monday.The agreement enables early engagement and cooperation between the two companies to deliver energy infrastructure, such as large-frame gas turbines, across APA's national portfolio of gas-fired power generation, renewables and power projects, per the statement.

ASX:APA