Founded in 1954 in Minnesota, Minneapolis, Apache Corporation holds a spot in the prestigious Fortune 500 Companies list. It started as the Apache Oil Corporation with a fund of $250,000 and only six employees. As of 2020, it is a gas & oil explorati
Founded in 1954 in Minnesota, Minneapolis, Apache Corporation holds a spot in the prestigious Fortune 500 Companies list. It started as the Apache Oil Corporation with a fund of $250,000 and only six employees. As of 2020, it is a gas & oil exploration and production company with four operations located in the United States, Egypt, Suriname (only exploration activities), and the United Kingdom, with headquarters in Houston, Texas.
By the end of 2017, it had 1.175 billion barrels of oil (7.19×109 GJ), out of which 457 thousand barrels were produced that same year. The majority of its reserves are located in the Permian Basin, with a few in the Texas Panhandle, South Texas, and Oklahoma.
Apache was the first firm to register itself into a drilling program with the SEC (U.S. Securities and Exchange Commission) in 1956. From 1960-1980 it acted on its aim of diversification and acquired 58 different types of firms, including plastic, agriculture, lumber, utilities, cattle, telephone, steel, etc.
It formed Apexco (Apache Exploration Company) as its gas and oil operation company during 1971 and sold it to Natomas company in 1977. In 1991, its reserves doubled as it acquired assets from Amoco, including a place in the Permian Basin of West Texas and Eastern Mexico, one of the world’s largest oil provinces.
From 1981 through 2012, Apache had 12 significant acquisitions. Of these, the ones that stand out are the acquisition of Fortis Field in the United Kingdom’s North Sea in 2003, its merger with Mariner Energy, and its purchase of the Mobil North Sea Limited assets of ExxonMobil Corporation.
In 2013, it became the first to use natural gas to power hydraulic fracturing.
The company entered NYSE (New York Stock Exchange) and went public in 1969 under the symbol APA. It was almost 28 years from then, the company was indexed into the S&P 500 companies’ list in 1997. Apache share price on its first-day opening was $30.50 per share, and on 20th May 2008, reached historic heights at $146.8. Its shares were distilled from the NYSE and got solely listed in NASDAQ in 2020.
Groww is an investing platform where users can find the best mutual funds to invest in and can invest their money without any hassles. Groww provides objective evaluation of mutual funds and does not advice or recommend any mutual fund or portfolios. Investor shall invest with their own descretion. Groww does not guarantee any returns and safety of capital.
Groww helps investors in the following way
· By providing objective evaluation of products available on Groww
· By bringing up red flags, if any, involved in the products. However Groww does not guarantee to bring out all red flags
· By being transparent about fees and charges involved in investing in a product
· By clearly representing the risk associated with buying a product
SECURE TRANSACTIONS ON GROWW
All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.
MUTUAL FUNDS SAHI HAI
Mutual fund investments are very popular with individual investors because of the benefits they provide. Among the many advantages, the most important factors that drive investors to mutual funds are that Investors can
- Start with any amount (as low as 500)
- Diversify across multiple stocks and other instruments like debt, gold etc.
- Start automated monthly investments (SIP)
- Invest without requiring to open DMAT account
All type of mutual funds are available on Groww.
INVESTING IN MUTUAL FUND PORTFOLIOS
Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.
Investors may please refer to the Exchange's Frequently Asked Questions (FAQs)issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
NextBillion Technology Private Limited is a member of NSE & BSE with SEBI Registration no: INZ000208032, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office: 1A, 206, Caldra, Divyasree Elan, Sarjapur Road Bangalore – 560035. Correspondence office: No 11, 80 feet Road, ST Bed, Koramangala 4th Block, Bangalore - 560034. For compliance pertaining to securities broking please write to firstname.lastname@example.org for DP related to email@example.com. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.
Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.
Prevent unauthorized transactions in your account. Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets-once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary." Dear Investor, if you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In the case of non-allotment, the funds will remain in your bank account. As a business we don't give stock tips and have not authorized anyone to trade on behalf of others. If you find anyone claiming to be part of NextBillion Technology Private Limited and offering such services please report at firstname.lastname@example.org
NextBillion Technology Private Limited makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.
Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.