Houston based independent energy company APA (formerly Apache Corp) reported better than expected third-quarter net earnings of $422 million, after reporting a loss in the same period a year earlier. Adjusted earnings were $1.97 per share, topping Wall Street expectations of $1.92 per share. APA posted revenue of $2.87 billion in the period, topping forecasts for $2.61 billion. $APA stock was sharply higher at $46.89, +2.67 or +6.0%. The oil and gas company followed strong quarters from major oil shale … Continue reading “APA Earnings Beat with Stronger Permian Production”
Apache Loses $4.48 Billion in First Quarter After Oil Price Collapse
Independent energy company Apache Corp reported a massive loss of $4.48 billion for first quarter earnings after the close Wednesday. $APA followed major oil shale players $XOM, $CVX, $OXY and $FANG in reporting.
Apache Earnings Beat As Permian Production Hits Record High
Independent energy company Apache Corp reported better than expected fourth quarter earnings after the close Wednesday. $APA also raised it’s production outlook with record Permian production.
Apache Earnings Beat With Record Permian Production
Independent energy company Apache Corp reported better than expected third quarter earnings after the close Wednesday. $APA also raised it’s production outlook with record Permian production.
Apache Earnings Beat on High Oil Prices and Record Permian Production
Independent energy company Apache Corp reported better than expected second quarter earnings after the close Wednesday. $APA also raised it’s production outlook with record Permian production
Apache Earnings Beat as Permian Production Hits Record
Independent energy company Apache Corp reported better than expected first quarter earnings after the close Wednesday. $APA also raised it’s production outlook with record Permian production
Apache Earnings Higher as Permian Production Hits Record
Independent energy company Apache Corp reported better than expected fourth quarter earnings this week. $APA also raised it’s production outlook by 7-13% for 2018. The average realized crude oil price during Q4 was $58.36 per barrel, up 23.1% from year-ago $47.39.
New IPO Solaris Oilfield Infrastructure $SOI Beats Earnings, Jumps 4%
Solaris Oilfield Infrastructure $SOI reported its first earnings after its IPO debut in May 2017 with Q2 revenue above expectations. The company sells fracking proppant systems.
Highlights of Oil & Gas Energy Earnings Reports This Week
Another big energy company earnings this week including shale plays $FANG $EOG and $DVN, offshore drillers $DO and $RIG, Independents $MRO and $APA and Natural gas $CHK. Catch up on all the energy earnings you may have missed.
Apache Earnings Miss on Revenue $APA down 5%
Independent energy company Apache Corp $APA shares are down over 5% today after reporting a second quarter loss before special items and revenue lower than consensus estimates. $APA also guided lower on divested numbers.