APA Corp misses first-quarter profit estimates

Reuters05-02

May 1 (Reuters) - APA Corp missed Wall Street estimates for first-quarter profit on Wednesday as the oil and gas producer weighed down by lower production in the period.

The company's adjusted profit was 78 cents per share for the three months ended March 31, compared with analysts' average estimate of 94 cents per share, according to LSEG data.

(Reporting by Saikeerthi in Bengaluru; Editing by Alan Barona)

((Saikeerthi@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment