Factors Setting The Tone For Apache's (APA) Q4 Earnings
Zacks Investment Research | Feb 21, 2019 09:09PM ET
Apache Corporation (NYSE:APA) is set to release fourth-quarter 2018 results after the closing bell on Feb 27.
The Houston, TX-based oil and gas finder delivered better-than-expected results in the last reported quarter, owing to higher oil realizations and strong volumes from the key Permian Basin region.
As far as earnings surprises are concerned, Apache is on an excellent footing, having surpassed the Zacks Consensus Estimate in each of the last four quarters, with average of 42.40%. This is depicted in the graph below:
Apache Corporation Price and EPS Surprise
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