Oil producer APA's quarterly profit beats estimates on natgas higher output
ReutersAug 6, 2025 8:21 PM
Aug 6 (Reuters) - APA Corp APA.O beat Wall Street profit estimates on Wednesday, as higher natural gas output helped the U.S. producer cushion the hit from a decline in crude prices.
The Houston, Texas-based company posted adjusted profit of 87 cents per share for the three months ended June 30, compared with the average analysts' estimate of 48 cents per share, according to data compiled by LSEG.
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