Benzinga | Oct 15, 2021 08:38AM EDT

APA Corporation Expects Q3 2021 U.S. Oil bbl ~$70, International ~$73; Expects U.S. NGL bbl ~$30.75, International NGL ~$55.25

APA Corporation (NASDAQ:APA) today provided supplemental information regarding certain third-quarter 2021 financial and operational results.



Supplemental quarterly information

To further assist analysts with their third-quarter earnings models, the company is providing the following estimates:

Estimated Average Realized Prices ? 3Q21Oil (bbl) NGL (bbl) Natural Gas (Mcf)United States $70.00 $30.75 $3.70International $73.00 $55.25 $4.10



Egypt tax barrels: 23-24 MBoe/dRealized loss on commodity derivatives (before tax): $37 millionDry hole costs (before tax): $16-19 million

Third-quarter 2021 earnings call

APA Corporation will host its third-quarter 2021 results conference call on Thursday, Nov. 4, at 10 a.m. Central time. The company will issue its earnings release after the market close on Wednesday, Nov. 3. The full text of the release will be available on the company's website at www.apacorp.com. The conference call will be webcast from APA's website at investor.apacorp.com, and the webcast replay will be archived there as well. The conference call will also be available for playback by telephone for one week beginning at approximately 4 p.m. Central time, Nov. 4. To access the telephone playback, dial (855) 859-2056 or (404) 537-3406 for international calls. The conference access code is 7990266.