Company Directory - APA Corporation
Company Details - APA Corporation
APA Corporation
WebsiteHouston, United States
APA Corporation is an American oil and natural gas exploration and production company engaged in the exploration, development, and production of hydrocarbon resources. Operating primarily in North America and internationally, the company supplies energy solutions to a global market.
CCI Score
CCI Score: APA Corporation
-5.54
0.01%
Latest Event
APA Reduces Workforce as Part of Cost-Cutting Initiative
APA Corporation laid off approximately 300 employees (10-15% of its workforce) as part of a broader cost-cutting strategy targeting $350 million in annualized savings by 2027. This move raises serious concerns regarding labor stability and fair treatment of workers.
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COLLABORATOR
APA Corporation is currently rated as a Collaborator.
Latest Events
- MAR202025
APA Corporation laid off approximately 300 employees (10-15% of its workforce) as part of a broader cost-cutting strategy targeting $350 million in annualized savings by 2027. This move raises serious concerns regarding labor stability and fair treatment of workers.
-50
Labor Relations and Human Rights Practices
March 25
APA Corporation's decision to reduce its workforce by 10-15%, impacting around 300 employees globally, demonstrates a significant disregard for the well-being and rights of its workers. This cost-cutting measure, aimed at achieving substantial annualized savings, undermines fair labor practices and worker stability, contributing to broader systemic issues in corporate governance and ethical responsibility.
APA Reduces Workforce as Part of Cost-Cutting Initiative - Yahoo Finance
- FEB282025
APA Corporation, formerly known as Apache, laid off approximately 300 employees globally—around 15% of its workforce—in January and late February 2025. This significant reduction raises concerns about the company's commitment to fair labor practices and the well-being of its workers.
-50
Labor Relations and Human Rights Practices
March 25
The decision to cut 15% of the workforce, amounting to about 300 employees globally, reflects a business practice that prioritizes short‐term cost savings over the long-term security and welfare of its workers. This move raises significant concerns regarding APA Corporation's commitment to fair labor practices and the protection of workers' rights, which are essential in opposing oppressive economic structures.
- FEB112025
APA Corporation disclosed comprehensive details of its 2024 political contributions including donations to PACs, political parties, candidates, and lobbying organizations. These disclosures reveal extensive financial involvement in the political arena, fueling concerns about corporate influence on policy-making and potential support for authoritarian practices.
-50
Political Contributions and Lobbying Efforts
March 25
APA Corporation’s detailed disclosure of its 2024 political contributions, which include substantial donations to political action committees and lobbying groups, indicates a significant effort to influence US political processes. From a left-leaning perspective, such financial engagements bolster regimes and candidates that may pursue deregulation and policies favoring authoritarian approaches. The scale and spread of these contributions amplify concerns about corporate complicity in the erosion of democratic accountability.
- MAR252024
APA Corporation disclosed extensive political contributions in 2023, detailing donations to political action committees, lobbying organizations, and direct contributions to candidates. The revised document dated March 25, 2024, reveals contributions to groups such as the American Petroleum Institute and the U.S. Chamber of Commerce, as well as PAC donations supporting candidates like Ted Cruz. These contributions raise concerns about the company's role in financially supporting political entities and agendas that may contribute to authoritarian practices.
-60
Political Contributions and Lobbying Efforts
March 25
APA Corporation's detailed disclosure of its 2023 political contributions shows significant funding toward PACs, lobbying groups, and specific political candidates. The amounts and recipients, including organizations linked to influential industry bodies, suggest a deliberate strategy to support political actors and policies that may undermine democratic accountability and enable authoritarian practices. This level of financial involvement in the political arena is concerning from a public accountability perspective.
2023 Political Contributions and Expenditures Disclosures - APA Corporation
- FEB152024
APA Corporation, widely known as Apache, has reduced its workforce by 15% as part of aggressive cost-cutting measures amid a challenging economic environment. This decision, which impacted nearly 300 employees globally, raises concerns regarding the company’s labor relations and overall approach to worker rights, potentially exacerbating vulnerabilities in a climate already marked by economic and political pressures.
-30
Labor Relations and Human Rights Practices
March 25
APA Corporation's decision to implement significant workforce reductions amid cost-cutting efforts has severe implications for labor relations and worker security. The layoffs, affecting nearly 300 employees (around 15% of the global workforce), illustrate a disregard for stable employment and worker rights, undermining the ethical standards expected in labor practices. This move contributes to broader structural concerns in corporate accountability, making the company's practices complicit in authoritarian economic strategies by prioritizing profit and cost reduction over employee welfare.
- FEB012022
APA Corporation published an updated Supplier Code of Conduct outlining strict guidelines for its suppliers, including clear prohibitions on forced labor, human trafficking, and labor abuses. This document reinforces the company's commitment to ethical supply chain practices and improved labor rights, aligning with international human rights standards.
- MAR012021
APA Corporation’s published policy on political contributions and lobbying expenditures, adopted on March 1, 2021, outlines its approach to engaging in the political process to support the interests of the company, its shareholders, and the oil and natural gas industry. The policy emphasizes transparency but ultimately channels corporate political spending in a way that prioritizes industry interests over broader democratic accountability.
-40
Political Contributions and Lobbying Efforts
March 25
APA Corporation’s policy explicitly states that its political contributions and lobbying expenditures are designed to advance the interests of the company, its shareholders, and the oil and gas industry, irrespective of political party affiliation. While the policy is transparent about these activities, it exemplifies corporate political behavior that prioritizes narrow business interests. From a left-leaning perspective, such practices can be seen as enabling undue corporate influence over public policy, potentially contributing to regulatory capture and undermining democratic accountability, which aligns with outcomes favorable to authoritarian and fascist tendencies.
Political Contributions and Lobbying Expenditures Policy - APA Corporation
- APR282020
APA Corporation's 2020 disclosure reveals significant political contributions and lobbying expenditures through its Governmental Affairs department. The funds, directed toward political action committees and influential trade associations such as the American Petroleum Institute and the U.S. Chamber of Commerce, raise concerns about corporate complicity in bolstering policies that may undermine democratic accountability.
-60
Political Contributions and Lobbying Efforts
March 25
The document details APA Corporation’s political contributions and lobbying efforts, including sizable donations to organizations that have a track record of supporting deregulation and corporate interests. From a left-leaning perspective, such contributions are viewed as supporting an infrastructure that may favor authoritarian policies, thereby complicating the company's commitment to democratic principles.
- JAN012020
APA Corporation requires prospective suppliers to adhere to a strict Supplier Code of Conduct that enforces international standards on human rights, labor, health and safety, and business integrity. This policy is aimed at ensuring ethical supply chain practices and protecting worker rights.
- JAN012013
APA Corporation publicly outlines its commitment to human rights, fair labor practices, and ethical supply chain management. The company has implemented a Code of Business Conduct and Ethics and conducts annual training for employees. In 2013, its board adopted formal Human Rights Principles and published a statement pursuant to the UK's Modern Slavery Act, demonstrating their dedication to preventing modern slavery within their operations and supply chain.
+80
Labor Relations and Human Rights Practices
March 25
APA Corporation demonstrates strong commitment to labor relations and human rights through its comprehensive Code of Business Conduct and Ethics, mandatory annual employee training, and the formal adoption of Human Rights Principles in 2013. This proactive stance reflects a robust adherence to fair labor practices and non-discrimination policies.
+70
Supply Chain Ethics
March 25
The publication of a statement in line with the UK's Modern Slavery Act for its UK subsidiaries highlights APA Corporation’s efforts in monitoring and managing its supply chain ethically. While the steps are compliant with legal requirements and indicate awareness, there is room for expanding transparency and further proactive measures in supply chain oversight.
- JAN012013
APA Corporation has demonstrated its commitment to human rights and fair labor practices through the adoption of comprehensive Human Rights Principles and a strong Code of Business Conduct and Ethics. The company emphasizes anti-discrimination, safe working conditions, and compliance with regulations such as the UK Modern Slavery Act, which collectively support ethical business practices and resist authoritarian exploitation.
+80
Business Practices and Ethical Responsibility
March 25
APA Corporation’s published human rights policies and ethical guidelines, including its Code of Business Conduct and annual employee training, reflect a strong commitment to labor rights and ethical business practices. The formal adoption of Human Rights Principles and compliance with the Modern Slavery Act by its UK subsidiaries indicate proactive measures to prevent human rights abuses, aligning well with anti-authoritarian and anti-fascist values.
- JAN012013
In 2013, APA Corporation formally adopted a set of Human Rights Principles, underscoring its dedication to fair labor practices and ethical treatment of workers as well as proactive measures against modern slavery in its supply chain. This initiative aligns with broader anti-fascist values and a commitment to corporate accountability.
+90
Labor Relations and Human Rights Practices
March 25
APA Corporation demonstrates a strong commitment to labor rights and human dignity through the formal adoption of its Human Rights Principles and annual training on its Code of Business Conduct and Ethics. This proactive approach ensures fair employment practices and reinforces the company's stance against human rights abuses, aligning with anti-fascist values that support worker protection and ethical standards.
+80
Supply Chain Ethics
March 25
APA Corporation’s subsidiaries in the United Kingdom published a statement in compliance with the Modern Slavery Act, demonstrating proactive steps in ensuring that their supply chain remains free from forced labor and human trafficking. This effort, while secondary to their broader human rights commitment, highlights an important ethical business practice that counters authoritarian exploitation.
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Industries
- 211120
- Crude Petroleum Extraction
- 213112
- Support Activities for Oil and Gas Operations
- 486110
- Pipeline Transportation of Crude Oil
- 486210
- Pipeline Transportation of Natural Gas