Apache second-quarter profit more than doubles

Thu Jul 31, 2008 1:59pm BST
 
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HOUSTON, July 31 (Reuters) - Apache Corp (APA.N) said on Thursday its second-quarter earnings more than doubled as the independent oil and natural gas company profited from high energy prices.

Profit in the quarter was $1.4 billion, or $4.28 per share, compared with $632 million, or $1.89 per share in the same quarter a year earlier.

Revenue jumped nearly 60 percent to $3.9 billion. (Reporting by Anna Driver, editing by Gerald E. McCormick)

 

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