This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Apache Hits 3 Million Mark And Counting

Stocks in this article: APA

HOUSTON, Sept. 4, 2012 /PRNewswire/ -- Apache Corporation (NYSE, Nasdaq: APA) surpassed the 3 million mark with its popular tree giveaway program, announcing Tuesday it awarded nearly 500,000 more trees to communities in 2012.

Since donating its first seedling in 2005, Apache has awarded 3.2 million trees to nonprofit organizations in 16 states through grants from its philanthropic affiliate in an effort to enrich the communities where the company operates. That first year, the Apache Foundation donated 1,521 trees. This year, it awarded 494,011 trees.

The Downtown Shreveport Development Authority is among this year's recipients and will receive 100 trees from Apache.

"This is wonderful news for downtown Shreveport," said Deputy Director Janie Landry. "We are delighted and very appreciative of this grant."

In all, 71 groups in Texas, Alabama, Louisiana, Mississippi and Oklahoma will get trees from Apache this year. The trees go to nonprofit organizations including cities, counties, schools, parks, universities, youth associations, wildlife refuges and community groups.

The trees allocated for the 2012-2013 planting season are native to the areas where they are donated to ensure a potential for growth and include oak, maple, pecan, cypress, crape myrtle and birch. Recipients must show they can properly care for the trees.

"We had a record number of requests this year," said Obie O'Brien, who oversees corporate outreach programs for Apache as vice president of Government Affairs. "We look forward to continuing the program for years to come. Enriching the communities in which we operate is something we greatly value."

Planting trees is a valuable natural resource that improves air quality, provides essential habitat and enhances neighborhoods. It is estimated each tree can remove 110 pounds of carbon dioxide per year for 50 years, or about 2.5 tonnes during the life of the tree.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs