August 1, 2019 / 2:08 AM / 2 months ago

Apache Corp adjusted quarterly profit falls nearly 80%

July 31 (Reuters) - U.S. oil and gas producer Apache Corp reported a 78.6% fall in second-quarter adjusted profit on Wednesday, weighed down by lower oil, gas and natural gas liquids prices.

The Houston-based company's adjusted earnings fell to $41 million, or 11 cents per share, in the quarter ended June 30, from $192 million, or 50 cents per share, a year earlier. (bit.ly/319e3qZ)

Total adjusted production rose to 395,616 barrels of oil equivalent per day (boe/d) from 389,734 boe/d. (Reporting by Shanti S Nair and Sathvik N in Bengaluru; Editing by Shounak Dasgupta)

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