Houston, Texas-based APA Corporation (APA) is an independent upstream oil and gas company focused on the exploration, development, and production of hydrocarbons. With a market cap of $9.1 billion, APA’s operations span the United States, Egypt, and the North Sea.
The energy major is gearing up to announce its fourth-quarter results at 10 am on Thursday, Feb. 26. Ahead of the event, analysts expect APA to report an adjusted EPS of $0.63, down 20.3% from $0.79 reported in the year-ago quarter. While the company has surpassed the Street’s bottom-line estimates in three of the past four quarters, it has missed once.
