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BRIEF-Apache reports Q2 earnings per share $1.50

Published 2017-08-03, 08:20 a/m
© Reuters.  BRIEF-Apache reports Q2 earnings per share $1.50
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Aug 3 (Reuters) - Apache Corp (NYSE:APA) APA.N :

* Reported earnings of $572 million or $1.50 per diluted common share for the second quarter of 2017

* Qtrly adjusted loss per share $0.21

* Qtrly total revenue $1,384 million versus $1,382 million last year

* Q2 revenue view $1.41 billion -- Thomson Reuters I/B/E/S

* Qtrly oil and gas production revenues $1,346 million versus $1,386 million last year

* Qtrly production of 460,000 barrels of oil equivalent (boe) per day and qtrly adjusted production of 388,000 boe per day

* Qtrly adjusted earnings include the effect of dry-hole costs of $0.08 per share, after tax

* Capital and lease operating expenses (loe) tracking at or below guidance for the full year

* $3.1 billion 2017 budget not impacted by canada exit

* Qtrly total average oil price $46.89 per barrel versus $43.14 per barrel

* Qtrly total average natural gas price $2.60 per mcf versus $2.04 per mcf

* Sees fy general and administrative expenses $425 million

* Sees 2017 daily production for north america (ex-canada) 206 mboe/d - 211 mboe/d

* 2017 total porduction & exploration capex outlook unchanged at $3.10 billion

* Sees 2017 total reported production 457 mboe/d - 471 mboe/d

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