Latest news with #BenRodgers
RNZ News
2 days ago
- Business
- RNZ News
NZ King Salmon reduce harvest due to small, 'stressed' fish
New Zealand King Salmon said its fish are not eating as much as usual. Photo: Supplied Fish farmer New Zealand King Salmon says its fish are not eating as much as usual, forcing it to reduce harvest volumes for about four months by as much as 17 percent. The company said this year's harvest would shrink to between 5200 and 5400 metric tonnes. It also cut its full year underlying profit guidance by about half to between $6 million and $12 million for the end of January. King Salmon chief financial officer Ben Rodgers said the fish were smaller than expected and needed time to fatten up. "One thing we see with King Salmon is they are a species which is easily stressed, and when they get stressed they can have a suppressed appetite," Rodgers said. "So, they have still been eating or feeding, but just not as much as we thought they would based on a historical feed out rates." He said the aim was to increase the average fish size, with a view to protecting future harvests beyond 2027. "It is a tough decision to make, but we need to reduce our harvest at some stage." King Salmon expected harvest volumes to begin to recover by September 2025. Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Globe and Mail
4 days ago
- Business
- Globe and Mail
APA Corporation Announces Appointment of Aneil Kochar as Vice President and Treasurer
HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced that Aneil Kochar has been promoted to vice president and treasurer, effective May 22. Kochar will head APA's Treasury department, providing global oversight for the company's capital structure analysis, financing strategies, risk insurance, banking policies, and cash and liquidity management. The role of treasurer was previously held by Ben C. Rodgers who was recently promoted to chief financial officer. "I am pleased to welcome Aneil to APA's leadership team. He has vast financial experience in the oil and gas industry and has played a crucial role in APA's financial strategies over the past five years, driving value creation and improving cash management. Aneil will be a strong addition to our executive team," said Ben C. Rodgers, APA's Chief Financial Officer. Kochar has held the position of assistant treasurer for APA since 2022, having joined the company in 2020 as the director of Finance. Before joining APA, Kochar was vice president Finance and treasurer at Chisholm Oil and Gas, where he oversaw FP&A and treasury activities. Prior to that, he worked at EIG Global Energy Partners as an investment professional, focusing on origination and management of oil and gas debt and equity investments. Kochar began his career in energy investment banking at Morgan Stanley. He holds both bachelor's and master's degrees in Accounting from the University of Texas at Austin. About APA APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, Contacts:
Yahoo
17-04-2025
- Business
- Yahoo
APA Corp. price target lowered to $15 from $20 at Citi
Citi analyst Scott Gruber lowered the firm's price target on APA Corp. (APA) to $15 from $20 and keeps a Neutral rating on the shares after catching up with the company after its recent 8-K and mark-to-market the firm's model for Q1 realizations, share count, expenses, and other items. Citi's Q1 CFPS estimate is $2.76, slightly beneath consensus. The firm expects the Q1 call to focus on the macro/APA's 2025 plan and progress on its cost reduction initiatives, which Citi feels could lean positive. APA may also provide a further update on Alaska exploration activities. Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on APA: Disclaimer & DisclosureReport an Issue APA Corp. price target lowered to $20 from $22 at Morgan Stanley APA Corp. appoints Ben Rodgers as CFO SCHD ETF News, 4/14/2025 APA Corp. price target lowered to $24 from $27 at RBC Capital APA Corp. price target lowered to $14 from $26 at Scotiabank Sign in to access your portfolio
