Summary
Apache Misses
Apache (APA) reported 1st Quarter March 2017 earnings of $0.08 per share on revenue of $1.9 billion. The consensus earnings estimate was $0.16 per share on revenue of $1.5 billion. The Earnings Whisper number was $0.22 per share. Revenue grew 78.5% on a year-over-year basis.
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
$0.08
Earnings Whisper
$0.22
Consensus Estimate
$0.16
Reported Revenue
$1.88 Bil
Revenue Estimate
$1.52 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Apache Corporation Releases First Quarter 2017 Financial and Operational Results
Apache Corporation (APA) (APA) today announced first quarter 2017 financial and operational results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp). There will be a conference call to discuss the results at 1 p.m. Central time.
The conference call will be webcast from the website, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time May 4th. To access the telephone playback, dial 855-859-2056 or 404-537-3406 for international calls. The conference access code is 48380128.
Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com, and on its Media and Investor Center mobile application, which is available for free download from the Apple App Store and the Google’s Play store. To sign up to receive email alerts regarding news and other website updates, please visit http://investor.apachecorp.com/alerts.cfm.
Investor:
(281) 302-2286
Gary Clark
Media:
(713) 296-7276
Castlen Kennedy
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