Apache Corporation to Host First-Quarter 2018 Results Conference Call May 3 at 10 a.m. Central Time
April 11 2018 - 4:15PM
Apache Corporation (NYSE:APA) (Nasdaq:APA) will host its
first-quarter 2018 results conference call Thursday, May 3, 2018,
at 10 a.m. Central time. The company will issue its earnings
release after close of market Wednesday, May 2. 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 May 3. To access the telephone
playback, dial (855) 859-2056 or (404) 537-3406 for international
calls. The conference access code is 3758236.
Additional guidance
To further assist analysts with their first-quarter production
and earnings models, the company is providing the following
estimates:
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Realized
loss on oil and gas price derivatives (before tax): |
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$47
million |
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Unrealized gain on oil and gas price derivatives (before tax): |
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$49
million |
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Dry hole
costs (before tax): |
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$15 -
$20 million |
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Egypt
tax barrels: |
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33,000
to 37,000 BOE per day |
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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. See "Risk Factors" in
our 2017 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q
and other public filings and press releases. A number of factors
could cause actual results to differ materially from the
expectations presented. None of the information contained in this
news release has been audited by any independent auditor. Apache
may elect to modify the format or discontinue publication at any
time, without notice to securities analysts or investors. Unless
legally required, Apache assumes no duty to update any
forward-looking statement as of any future date.
About Apache
Apache 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 press releases on its website, www.apachecorp.com,
and on its Media and Investor Center mobile application, which is
available for free download from the Apple App Store and the Google
Play store.
Contacts
Investor: (281) 302-2286 Gary Clark
Media: (713) 296-7189 Castlen Kennedy
Website: www.apachecorp.com
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