Summary
Apache Beats
Apache (APA) reported a 1st Quarter March 2020 loss of $0.13 per share on revenue of $1.3 billion. The consensus estimate was a loss of $0.30 per share on revenue of $1.4 billion. The Earnings Whisper number was for a loss of $0.39 per share. Revenue fell 21.8% 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
($0.13)
Earnings Whisper
($0.39)
Consensus Estimate
($0.30)
Reported Revenue
$1.28 Bil
Revenue Estimate
$1.38 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Apache Corporation Announces First-Quarter 2020 Financial and Operational Results
HOUSTON, May 06, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, Nasdaq: APA) today announced first-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 May 7 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 8586364.
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.
| Contacts | | |
| | | |
| Investor: | (281) 302-2286 | Gary Clark |
| Media: | (713) 296-7276 | Phil West |
Source: Apache Corporation
