APA Corp. has promoted CFO Stephen J. Riney to president, according to a Jan. 9 press release. Riney will remain the company’s CFO.
Riney joined APA in 2015 and served as the company’s executive vice president and CFO. Previously, Riney was the CFO for BP Exploration and Production overseeing accounting, business development, planning and commercial operations for BP’s upstream segment.
During his 16 years at BP, he also served as the global head for mergers and acquisitions and held several management positions in treasury, the release stated.
Riney “has helped us refine APA’s strategic direction while also successfully navigating some of the most financially challenging times in our industry’s history,” said APA CEO John J. Christmann IV. “His leadership and influence have extended beyond our financial operations, and this promotion formalizes the significant role that Steve plays in helping guide the company’s strategy, goals and execution.”
Recommended Reading
In Shooting for the Stars, Kosmos’ Production Soars
2024-02-28 - Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.
Diamondback Stockholders All in for $26B Endeavor Deal
2024-04-29 - Diamondback Energy shareholders have approved the $26 billion merger with Endeavor Energy Resources.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.
Will the Ends Justify the Means for W&T Offshore?
2024-03-11 - After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.