Press release
Apache Corporation Provides Fourth-Quarter Supplemental Information and Schedules Results Conference Call for Feb. 27, 2020, at 10 a.m. Central Time
HOUSTON, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, NASDAQ: APA) today provided supplemental information regarding certain fourth-quarter
About this update from Apa Corporation
[{"type":"text","content":"HOUSTON, Jan. 23, 2020 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, NASDAQ: APA) today provided supplemental information regarding certain fourth-quarter 2019 financial and operational results.\n Supplemental quarterly informationTo further assist analysts with their fourth-quarter earnings models, the company is providing the following estimates: Average Realized Prices – 4Q19 Oil (bbl)NGL (bbl)Natural Gas (Mcf)United States$56.25$15.00$1.50International$63.25$42.00$3.10 Egypt tax barrels: 21-23 MBoe/dRealized loss on commodity derivatives (before tax): $3 millionUnrealized gain on commodity derivatives (before tax): $2 millionDry hole costs (before tax) $23-29 million Fourth-quarter 2019 earnings callApache Corporation will host its fourth-quarter 2019 results conference call on Thursday, Feb. 27, 2020, at 10 a.m. Central time. The company will issue its earnings release after the market close on Wednesday, Feb. 26. The full text of the release will be available on the company's website at www.apachecorp.com. The conference call will be webcast from Apache's website at www.apachecorp.com and investor.apachecorp.com, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time, Feb. 27. To access the telephone playback, dial (855) 859-2056 or (404) 537-3406 for international calls. The conference access code is 7162078. About ApacheApache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache posts announcements, operational updates, investor information and copies of all press releases on its website, www.apachecorp.com. Forward-looking statementsThis news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “guidance,” “outlook,” “projects,” “potential,” “will,” and similar references to future periods. These statements include, but are not limited to, statements about future plans, expectations and objectives for Apache’s operations, including statements about our capital...