Apache announced on January 12 that it intended to dual list on the NASDAQ Stock Market and The New York Stock Exchange.
"We are delighted to welcome Apache Corporation to the NASDAQ Stock Market. The energy sector is vital to our economy and we are pleased to have Apache join the diverse group of companies listed on NASDAQ who are redefining their industry sectors," said Bruce Aust, executive vice president, NASDAQ Corporate Client Group. Apache Corporation is a large oil and gas independent with core operations in the United States, Canada, the United Kingdom North Sea, Australia and Egypt.
Companies wishing to dual list on NASDAQ must meet National Market listing standards. Firms listing on NASDAQ as well as the NYSE will trade under the same three-letter symbol on both markets.
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NASDAQ is the primary market for trading NASDAQ listed stocks. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.NASDAQnews.com.
