APA Group rises Friday, underperforms the Utilities sector
Here is the latest company close update for APA Group, APA.
Apa Group
Bad policy, nation underpowered
Business and consumers will pay dearly for years of green lawfare.
APA boss warns on pipeline upgrade
APA Group will not upgrade a critical gas pipeline that the east coast has become increasingly reliant on in recent years if the regulatory regime that governs the infrastructure is changed.
ASX trims losses on CPI beat; Tabcorp tanks
RBA hike not ruled out as inflation remains sticky at 3.5 per cent. Controlling shareholder Rio to back ERA’s $880m discounted raise. Special dividend boosts Woolworths. Tabcorp’s worse than expected loss, CEO-elect Gill McLachlan’s ‘reality’ check weighs.
Brace for cold showers, big bills
New modelling shows the vital pipeline transporting gas from Queensland will be at capacity nearly every day next winter, leaving Australia drastically exposed.
APA to upgrade Queensland pipeline after Senex deal
APA Group will spend $20m to upgrade a Queensland pipeline to bring new gas from Senex’s $1bn expansion, in a deal that will feed much-needed supplies to the east coast.
ASX 200 rises; retailers slip
May retail sales, building approvals higher than expected. ACCC’s interim nod to Armaguard save. Booktopia enters administration. AusSuper’s ‘solid’ returns. APA flags $145m Qenos hit.
Suitors sizing up Santos assets
Two US-based suitors are understood to be sizing up Santos assets in its Western Australian and Alaskan portfolios.
Pipeline review puts major gas project on hold
A major investment in gas pipeline capacity seen as vital for Australia’s southern states to avoid shortages has been put on hold due to a regulatory clampdown.
Ribbon cut on Australia’s largest remote solar project
The 184,000 solar panel project in Queensland is demonstrative of how Australia’s heavy industry must decarbonise if net zero commitments are to be reached.
Spark’s buyer list whittled down
Five parties are understood to have been short-listed to buy Spark Infrastructure’s renewable energy business.
APA boss warns of gas market uncertainty
Gas market uncertainty threatens to undermine the crucial element to Australia’s clean energy transition, according to APA Group boss Adam Watson.
Renewables assets spark APA Group interest
APA Group is believed to be showing interest in Spark Infrastructure’s renewable energy business which is up for sale.
New gas supplies key to price relief
APA Group’s new CEO says new gas supplies are the best way to keep prices down over the long-term, but is choosing not to weigh into the debate over price caps.
APA rejects calls to speed up energy transition
APA Group’s Michael Fraser has rejected calls to speed up Australia’s energy transition, arguing new natural gas supplies will be needed for decades to come.
APA seals $773m Basslink power cable deal
Gas pipeline operator APA Group is set to buy the undersea electricity cable connecting Victoria and Tasmania for $773m as it boosts its east coast exposure.
ASX falls; Adbri dives 22pc, iron ore miners drop
ASX ends down on broad losses. Core Lithium leads lithium rally, Adbri hammered on profit warnings, iron ore edges towards 12-month low and dollar could hit US58c.
APA Group named preferred bidder in Basslink contest
The interconnector comprises physical connection between Tasmania and Victoria for not just power, but internet services.
ASX drops 1.4pc; crude oil hits energy stocks
ASX hits seven-week low as materials and energy weigh. ResMed soars on high volume, New Hope shareholders in climate push, APA buys Basslink and Metcash sees sales jump.
APA points to $1.4bn pipeline after sudden CEO exit
Outgoing chief Rob Wheals described it as a solid result but investors are likely to focus on its decision to exit North America and search for a new leader.
Original URL: https://www.theaustralian.com.au/topics/apa-group