Shale producer APA beats second-quarter profit estimates
05/08/2026 21:19
Shale producer APA beats second-quarter profit estimates Aug 5 (Reuters) - Oil and gas producer APA APA.O beat Wall Street estimates for second-quarter profit on Wednesday, helped by elevated oil prices.
The Houston, Texas-based company posted an adjusted profit of $1.89 per share for the three months ended June 30, compared with analysts' average estimate of $1.87 per share, according to data compiled by LSEG.
(Reporting by Katha Kalia in Bengaluru; Editing by Shilpi Majumdar)
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