What to Expect When Apache Corporation Reports Q2 2017 Earnings
Brace yourselves: Oil and gas exploration and production company Apache Corporation (NYSE: APA) is predicting lower results for the second quarter of 2017. We'll see just how much lower when it reports earnings on Aug. 3.
That's in contrast to its bigger industry rival, ConocoPhillips (NYSE: COP), which reported improved adjusted earnings on July 27. Here's what to look for as Apache reports on Q2.
Apache has been investing in infrastructure, especially in the Permian Basin of Texas. The company hopes its Permian position will help it outperform in the second half of 2017. Image source: Getty Images.
Source: Fool.com