ASX Announcements
Market Sensitive
APA FY24 Final Distribution Information
Dividend Record Date, Dividend Pay Date, Dividend Rate
- Aug 28, 2024
- 2 pages
Market Sensitive
Preliminary Final Report, Company Presentation
- Aug 28, 2024
- 49 pages
This Month
PEP, OPTrust call in bankers for $2b Zenith Energy play; refi first
The immediate task at hand is to rustle up a refinancing for Zenith, which wants to upsize its borrowings from about $760 million to $1.3 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
APA Group says customers to pay if pipeline regulated
The gas operator’s chief executive Adam Watson says a decision to subject a key Queensland pipeline to full price regulation will hit customers with higher bills.
- Angela Macdonald-Smith
- Results Wrap
- Chanticleer
McLachlan just reset Tabcorp’s strategy. It’s smart, but painful
Tabcorp resets investors expectations yet again, Flight Centre’s Graham Turner provides his verdict on airfares, and APA braces for regulatory change.
- Updated
- James Thomson and Anthony Macdonald
- Exclusive
- Activist shareholders
APA Group faces activist action over Beetaloo pipeline
A shareholder resolution lodged by Market Forces driven by climate concerns comes as APA’s board is facing the risk of a “second strike” at its October AGM.
- Angela Macdonald-Smith
March
Australia dropped the ball on energy security: Exxon
Forecast gas shortfalls in the southern states cannot be blamed on Queensland’s LNG exports, one of the east coast’s biggest gas suppliers says.
- Angela Macdonald-Smith
Gas CEOs dial up warnings as ‘crunch time’ looms
Senex CEO Ian Davies and APA Group’s Adam Watson will warn of a “desperate” need for new gas supply to help cut emissions, and prevent higher costs for customers.
- Angela Macdonald-Smith
February
Forrest taps former APA gas guru to run Squadron Energy
Andrew Forrest has hired former APA Group boss Rob Wheals to lead Squadron Energy which is building wind farms and gas plants across the eastern states.
- Brad Thompson
October 2023
- Exclusive
- Renewables
APA links with French giant to bid for New England energy zone
The new pairing of APA Group and EDF Energy comes amid jostling between companies ahead of the tender for the renewable energy zone.
- Angela Macdonald-Smith
APA suffers ‘first strike’ as chairman warns on climate targets
Michael Fraser says Australia risks “sleepwalking into a problem” with its anti-gas policies.
- Updated
- Angela Macdonald-Smith
Santos CEO says the world will never give up fossil fuels
Kevin Gallagher says the US and UK have shifted positions and Australia too will eventually swing away from demonising gas.
- Simon Evans
September 2023
- Sponsored
- Renewables
Scaling up to meet the clean energy challenge
Large-scale solar and wind projects are being rolled out, but the pace must quicken to meet the federal government’s renewable energy generation targets.
Sponsored
by APA Group
The battleground for gas as states eye bans on new connections
The big question remains as to what role gas will play in the energy transition as Australia weans off fossil fuels.
- Mark Eggleton
August 2023
- Exclusive
- Energy transition
Coal’s long goodbye: NSW generator goes into survival mode
EnergyAustralia’s plan for its Mt White coal power station points to a more flexible role for the technology than had previously been envisaged.
- Angela Macdonald-Smith
APA faced off against itself in an Alinta Pilbara auction for one
In the end, APA paid a big price; as Chanticleer reported, the multiples it paid were higher than what its own stock trades at.
- Sarah Thompson, Kanika Sood and Emma Rapaport
APA rules off institutional leg of $750m raise for its big M&A bet
The point is APA offered fundies stock at an 8.2 per cent discount to the last close – and they took it with both hands.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
APA Group’s big bet to help turn Pilbara green
The energy business wants a bigger slice of the $25 billion remote power market, so it is jumping in with its ears pinned back.
- Anthony Macdonald
Gas pipeliner eyes green growth in Pilbara with $1.7b deal
APA Group envisages renewables use in Western Australia’s premier mining region growing 30-fold by 2040, while gas power will remain critical for energy security.
- Angela Macdonald-Smith
APA raising $750m at $8.50 a share to buy Alinta’s Pilbara assets
Listed gas pipelines owner APA Group has clinched a deal to buy Alinta’s remote power assets in WA’s Pilbara regions, and will ask investors to help bankroll the acquisition.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Energy
APA Group readies Pilbara power buy, results day raising
APA Group should have the first big deal of reporting season on Wednesday, worth about $1.5 billion.
- Anthony Macdonald
Meet the mystery infra fund competing with APA for Alinta WA
Morgan Stanley’s infrastructure investing arm has emerged as a competing bidder to APA Group in the circa $2billion sale of Alinta’s Pilbara assets.
- Sarah Thompson, Kanika Sood and Emma Rapaport