Investing.com - APA Corp reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
APA Corp announced earnings per share of $0.98 on revenue of $2.06B. Analysts polled by Investing.com anticipated EPS of $0.9132 on revenue of $1.66B.
APA Corp shares are up 94% from the beginning of the year and are trading at $27.63 , down-from-52-week-high.They are outperforming the Nasdaq which is up 22.68% from the start of the year.
APA Corp follows other major Energy sector earnings this month
APA Corp's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $1.58 on revenue of $73.79B, compared to forecasts EPS of $1.56 on revenue of $71.13B.
Chevron had beat expectations on Friday with third quarter EPS of $2.96 on revenue of $44.71B, compared to forecast for EPS of $2.2 on revenue of $39.97B.
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