APACHE CORP
SC 13G/A, 2000-02-11
CRUDE PETROLEUM & NATURAL GAS
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                                 (Rule 13d-102)

                    INFORMATION TO BE INCLUDED IN STATEMENTS
                    FILED PURSUANT TO RULES 13d-1(b)(c), AND
                        (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)
                               (Amendment No. 2)*


                                  APACHE CORP.
             -------------------------------------------------------
                                (Name of Issuer)


                                  COMMON STOCK
             -------------------------------------------------------
                         (Title of Class of Securities)


                                    037411105
             -------------------------------------------------------
                                 (CUSIP Number)


                                December 31, 1999
             -------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

(x) Rule 13d-1(b)
( ) Rule 13d-(c)
( ) Rule 13d-1(d)

- --------------
*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

                        (Continued on following page(s))
                                Page 1 of 9 Pages


<PAGE>


CUSIP No. 037411105               13G                        Page 2 of 9 Pages


1.       NAME OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

         College Retirement Equities Fund
         I.R.S. #13-6022-042


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a) ( )
                                                                   (b) (X)
         See Exhibit A Attached

3.       SEC USE ONLY


4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         New York

NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER              4,527,724

         6.       SHARED VOTING POWER            None

         7.       SOLE DISPOSITIVE POWER         None

         8.       SHARED DISPOSITIVE POWER       4,527,724 (shared with its
         investment adviser, TIAA-CREF Investment Management, LLC)


9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                     4,527,724

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
         SHARES*
                                     (  )


11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                     3.968%

12.      TYPE OF REPORTING PERSON*

                                     IV

                      * SEE INSTRUCTION BEFORE FILLING OUT!



<PAGE>


CUSIP No. 037411105               13G                          Page 3 of 9 Pages


1.       NAME OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

         TIAA Separate Account VA-1
         I.R.S. #13-1624203


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a) ( )
                                                                   (b) (X)
         See Exhibit A Attached

3.       SEC USE ONLY


4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         New York

NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER              8,400

         6.       SHARED VOTING POWER            None

         7.       SOLE DISPOSITIVE POWER         None

         8.       SHARED DISPOSITIVE POWER       8,400
         (shared with its investment adviser, Teachers Advisors, Inc.)

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                     8,400

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
         SHARES*
                                     (  )


11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                     0.007%

12.      TYPE OF REPORTING PERSON*

                                     IV

                      * SEE INSTRUCTION BEFORE FILLING OUT!



<PAGE>


CUSIP No.  037411105              13G                          Page 4 of 9 Pages


1.       NAME OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

         TIAA-CREF Life Funds
         I.R.S. #13-4025227

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a) ( )
                                                                   (b) (X)
         See Exhibit A Attached

3.       SEC USE ONLY


4.       CITIZENSHIP OR PLACE OF ORGANIZATION

         Delaware

NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER              500

         6.       SHARED VOTING POWER            None

         7.       SOLE DISPOSITIVE POWER         None

         8.       SHARED DISPOSITIVE POWER       500
         (shared with its investment adviser, Teachers Advisors, Inc.)

9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                     500

10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
         SHARES*
                                     (  )


11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                     0.000%

12.      TYPE OF REPORTING PERSON*

                                     IV

                      * SEE INSTRUCTION BEFORE FILLING OUT!



<PAGE>


                                                               Page 5 of 9 Pages

Item 1(a).        NAME OF ISSUER:

                  APACHE CORP.

Item 1(b).        ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                  200 Post Oak Boulevard
                  Houston, TX  77056-4400

Item 2(a).        NAME OF PERSON FILING:
                  (1)  College Retirement Equities Fund ("CREF")
                  (2)  TIAA Separate Account VA-1 ("VA-1")
                  (3)  TIAA-CREF Life Funds ("Life Funds")

Item 2(b).        ADDRESS OF PRINCIPAL BUSINESS OFFICE:
                  (1)  CREF - 730 Third Avenue
                       New York, N.Y.  10017
                  (2)  VA-1 - 730 Third Avenue
                       New York, N.Y.  10017
                  (3)  Life 730 Third Avenue
                       Funds - New York, N.Y. 10017

Item 2(c).        CITIZENSHIP:
                  (1)  CREF - Incorporated in New York
                  (2)  VA-1 - Established in New York
                  (3)  Life Funds - Incorporated in Delaware

Item 2(d).        TITLE OF CLASS OF SECURITIES:
                  Common Stock

Item 2(e).        CUSIP NUMBER:  037411105

Item 3.           IF THIS  STATEMENT  IS FILED  PURSUANT TO RULES  13d-1(b),  OR
                  13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A:

(a)      ( )      Broker or dealer  registered  under Section 15 of the Exchange
                  Act.
(b)      ( )      Bank as defined in Section 3(a)(6) of the Exchange Act.
(c)      ( )      Insurance  company  as  defined  in  Section  3(a)(19)  of the
                  Exchange Act.
(d)      (x)      Investment   Company   registered   under  Section  8  of  the
                  Investment Company Act.
(e)      ( )      An   investment   adviser   in   accordance   with  Rule  13d-
                  1(b)(1)(ii)(E);
(f)      ( )      An employee  benefit plan or endowment fund in accordance with
                  Rule 13d-1(b)(1)(ii)(F);
(g)      ( )      A parent holding  company or control person in accordance with
                  Rule 13d-1(b)(1)(ii)(G);
(h)      ( )      A  savings  association  as  defined  in  Section  3(b) of the
                  Federal Deposit Insurance Act;


<PAGE>

                                                               Page 6 of 9 Pages

(i)      ( )      A church  plan  that is  excluded  from the  definition  of an
                  investment  company under Section  3(c)(14) of the  Investment
                  Company Act;
(j)      (x)      Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

If this statement is filed pursuant to Rule 13d-1(c), check this box. ( )

Item 4.           OWNERSHIP.

(1)      COLLEGE RETIREMENT EQUITIES FUND
         (a) Amount Beneficially Owned: 4,527,724
         (b) Percent of Class: 3.968%
         (c) The Board of  Trustees of CREF,  an  investment  company,  has sole
         power to vote 4,527,724  shares of common stock and authority to direct
         the  disposition  of the 4,527,724  shares of common  stock.  TIAA-CREF
         Investment Management, LLC, CREF's investment adviser, is authorized to
         sell the 4,527,724 shares on behalf of CREF in its discretion,  subject
         to the ultimate authority of the CREF Board of Trustees.

(2)      TIAA SEPARATE ACCOUNT VA-1
         (a) Amount Beneficially Owned: 8,400
         (b) Percent of Class:  0.007%
         (c) The management  committee of VA-1, an investment company,  has sole
         power to vote 8,400 shares of common stock, and authority to direct the
         disposition  of the 8,400 shares of common  stock.  Teachers  Advisors,
         Inc., VA-1's investment adviser, is authorized to sell the 8,400 shares
         on behalf of VA-1 in its discretion,  subject to the ultimate authority
         of the VA-1 Management Committee.

(3)      TIAA-CREF LIFE FUNDS
         (a) Amount Beneficially Owned:  500
         (b) Percent of Class:  0.000%
         (c) The Board of Trustees of the 500, an investment  company,  has sole
         power to vote 500 shares of common  stock,  and authority to direct the
         disposition of the 500 shares of common stock. Teachers Advisors, Inc.,
         the Fund's  investment  adviser,  is  authorized  to sell the shares on
         behalf of the Mutual Funds in its  discretion,  subject to the ultimate
         authority of the Mutual Funds Board of Trustees.


<PAGE>

                                                               Page 7 of 9 Pages

Item 5.           OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

If this  statement  is being filed to report the fact that as of the date hereof
the  reporting  person has ceased to be the  beneficial  owner of more than five
percent of the class of securities, check the following (X).

Item 6.         OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

                                 Not Applicable

Item 7.         IDENTIFICATION   AND  CLASSIFICATION  OF  THE  SUBSIDIARY  WHICH
                ACQUIRED THE SECURITY  BEING  REPORTED ON BY THE PARENT  HOLDING
                COMPANY.

                                 Not Applicable

Item 8.         IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

                See attached Exhibit A.

Item 9.         NOTICE OF DISSOLUTION OF GROUP:     Not Applicable

Item 10.        CERTIFICATION.
                By signing below I certify that, to the best of my knowledge and
                belief,  the securities  referred to above were acquired and are
                held in the  ordinary  course of business  and were not acquired
                and are not  held  for the  purpose  of or with  the  effect  of
                changing  or  influencing  the  control  of  the  issuer  of the
                securities  and were not acquired and are not held in connection
                with or as a participant in any transaction  having that purpose
                or effect.

                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

Date:  February 11, 2000

                                       COLLEGE RETIREMENT EQUITIES FUND


                                         By:/s/ PETER C. CLAPMAN
                                            ------------------------------------
                                          Peter C. Clapman
                                          Senior Vice President and Chief
                                          Counsel, Investments


<PAGE>



                                                               Page 8 of 9 Pages

                                       TIAA SEPARATE ACCOUNT VA-1


                                       By:/s/ PETER C. CLAPMAN
                                          --------------------------------------
                                          Peter C. Clapman
                                          Senior Vice President and Chief
                                          Counsel, Investments

                                       TIAA-CREF LIFE FUNDS


                                       By:/s/ PETER C. CLAPMAN
                                          --------------------------------------
                                          Peter C. Clapman
                                          Senior Vice President and Chief
                                          Counsel, Investments


<PAGE>


                                                               Page 9 of 9 Pages

                                    EXHIBIT A

            IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
            ---------------------------------------------------------


College Retirement Equities Fund - IV
TIAA Separate Account VA-1 - IV
TIAA-CREF Life Funds - IV

The College Retirement Equities Fund, TIAA Separate Account VA-1 and TIAA-CREF
Life Funds (the "Reporting Persons") are filing as a group because CREF's
investment adviser, TIAA-CREF Investment Management, LLC, is affiliated and
employs some of the same investment personnel as Teachers Advisors, Inc., the
investment adviser for TIAA Separate Account VA-1 and TIAA-CREF Life Funds.
However, because separate investment decisions are made with respect to the
respective portfolio holdings of each of the Reporting Persons and there is no
oral or written agreement or arrangement among the Reporting Persons with
respect to acquisition, voting, disposition or otherwise of their securities,
each Reporting Person disclaims beneficial ownership of the others' securities
holdings and disclaims its membership in a group with the other Reporting
Person, where the purpose of the group is to acquire control of or influence
management of the issuer.



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