tiprankstipranks
APA Corp. reports preliminary Q1 U.S. oil price $77.00 per barrel
The Fly

APA Corp. reports preliminary Q1 U.S. oil price $77.00 per barrel

Reports preliminary Q1 international oil price $83.00 per barrel. Reports Q1 U.S. natural gas liquids price $25.00 per barrel. Reports Q1 international natural gas liquids price $49.00 per barrel. APA Corporation provided supplemental information regarding certain first-quarter 2024 financial and operational results. This information is intended only to provide additional information regarding current estimates management believes will affect results for the first-quarter 2024. It is provided to assist investors, analysts and others in formulating their own estimates, and is not intended to be a comprehensive presentation of all factors that will affect first-quarter 2024 results. Actual results and the impact of factors identified here may vary depending on the impact of other factors not identified here and are subject to finalization of the financial reporting process for first-quarter 2024. APA curtailed approximately 35 MMcf/d of U.S. natural gas production in the first quarter, mostly during the month of March in response to weak or negative Waha hub prices. APA also curtailed an estimated 2,500 barrels per day of NGL’s during the quarter, which was primarily associated with the voluntary gas curtailments. Alaska exploration operations and evaluation are ongoing. An update may be available prior to APA’s first quarter results.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles