trending Market Intelligence /marketintelligence/en/news-insights/trending/6ckgtKw-0bTIIiLpLZ_xyQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Apache's stock surges 17% on news of Suriname oil discovery

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Apache's stock surges 17% on news of Suriname oil discovery

Apache Corp.'s shares rallied at market open Jan. 7, up about 17% on news that the Houston-based producer, along with partner Total SA, made a significant oil discovery at the Maka Central-1 well offshore Suriname on Block 58.

At the opening bell at 9:30 a.m. ET, Apache shares were up $4.29, or 16.73%, to $29.93 per share. By comparison, the broader S&P 500 was down 0.3% on Jan. 7.

"Continued success on the block, where [Apache] has identified more than 50 prospects within a thermally mature play fairway, could be transformational for a company that has been a laggard since its last major discovery, Alpine High, fell short of expectations amid weak Permian natural gas prices," analysts from Stifel Nicolaus & Co. wrote in a Jan. 7 note to clients.

In early December 2019, Apache's stock price plummeted to an 18-year low after the Houston-based producer said it needed to conduct additional testing to determine if production would be viable at its first exploratory well in Block 58.