Summary
Apache Beats
Apache (APA) reported a 3rd Quarter September 2020 loss of $0.16 per share on revenue of $1.1 billion. The consensus estimate was a loss of $0.37 per share on revenue of $979.8 million. The Earnings Whisper number was for a loss of $0.40 per share. Revenue fell 24.2% compared to the same quarter a year ago.
Apache Corporation is an independent energy company that explores, develops and produces natural gas, crude oil and natural gas liquids.It has interests in six countries: the U.S., Canada, Egypt, Australia, the U.K. North Sea (North Sea), and Argentina.
Results
Reported Earnings
($0.16)
Earnings Whisper
($0.40)
Consensus Estimate
($0.37)
Reported Revenue
$1.12 Bil
Revenue Estimate
$979.8 Mil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Apache Corporation Announces Third-Quarter 2020 Financial and Operational Results
HOUSTON, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (Nasdaq: APA) today announced third-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp).
There will be a conference call Nov. 5 at 10 a.m. Central time to discuss the results. It will be webcast and archived on Apache’s website and available for playback by telephone for one week. The number for the replay is 855-859-2056 or 404-537-3406 for international calls. The conference access code is 3082947.
About Apache
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore Suriname. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com. Specific information concerning Suriname, ESG performance and other investor-related topics are posted at investor.apachecorp.com.
Contacts
Investor: (281) 302-2286 Gary Clark
Media: (713) 296-7276 Phil West
Source: Apache Corporation
