Shale producer APA misses fourth-quarter profit estimates
ReutersFeb 26, 2025 9:26 PM
Feb 26 (Reuters) - U.S. shale producer APA Corp APA.O fell short of Wall Street expectations for fourth-quarter profit on Wednesday as weak commodity prices offset a rise in production.
The Houston-based company posted an adjusted profit of 79 cents per share for the three months ended December 31, compared with the average analyst estimate of 97 cents, according to data compiled by LSEG.
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