Summary
Apa Misses
Apa (APA) reported 1st Quarter March 2022 earnings of $1.92 per share on revenue of $2.7 billion. The consensus earnings estimate was $2.08 per share on revenue of $2.3 billion. The Earnings Whisper number was $2.20 per share. Revenue grew 42.7% 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
$1.92
Earnings Whisper
$2.20
Consensus Estimate
$2.08
Reported Revenue
$2.67 Bil
Revenue Estimate
$2.26 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
APA Corporation Announces First-Quarter 2022 Financial and Operational Results
HOUSTON, May 04, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced first-quarter 2022 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com.
The company will host a conference call May 5 at 10 a.m. Central time to discuss the results. The call will be webcast and archived on APA’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 7382328.
About APA
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com. Additional details regarding Suriname, ESG performance and other investor-related topics are posted at investor.apacorp.com.
Contacts
| Investor: | (281) 302-2286 | Gary Clark |
| Media: | (713) 296-7276 | Alexandra Franceschi |
| Website: | www.apacorp.com | |
Source: APA Corporation
