Apache (APA) Misses Q3 EPS by 3c, Production Surpasses 600K Boe per Day
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Apache Corp. (NYSE: APA) reports Q3 EPS of $1.58, ex-items, 3 cents below the analyst estimate of $1.61. Revenue for the quarter was $2.33 billion, which compares to the estimate of $2.24 billion.
Apache also said for the first time average worldwide production surpassed 600,000 barrels of oil equivalent (boe) per day during the third quarter, increasing 3.4 percent from the second quarter and 19 percent from the prior-year period.
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