Apache Corporation Provides Third-Quarter Supplemental Information and Schedules Results Conference Call for October 31, 2019, at 10 a.m. Central Time
Supplemental quarterly information
To further assist analysts with their third-quarter earnings models, the company is providing the following estimates:
Average Realized Prices – 3Q19 | ||||||
Oil (bbl) | NGL (bbl) | Natural Gas (Mcf) | ||||
United States | $54.70 | $13.25 | $0.95 | |||
International | $61.75 | $27.00 | $2.85 |
Egypt tax barrels: Realized loss on commodity derivatives (before tax): Unrealized gain on commodity derivatives (before tax): Dry hole costs (before tax): |
20-23 MBoe/d $16 million $18 million $5-10 million |
Previously deferred
Third-quarter 2019 earnings call
About Apache
Forward-looking statements
This 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,” “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 plans, drilling plans, production expectations, asset sales, and monetization. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See "Risk Factors" in our 2018 Form 10-K and our quarterly reports on Form 10-Q filed with the
Contacts
Investor: (281) 302-2286
Media: (713) 296-7276 Phil West
Website: www.apachecorp.com
APA-F
Source: Apache Corporation