Apache Misses Estimates, Falls 5.2%

Apache (NYSE: APA), the third largest U.S. independent oil and natural gas producer, fell 5.2% to trade near $82.35.

Natural gas also contributed to the decline, falling almost 8% to $2.92 after the EIA reported a large build in inventories.

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Posted in: Earnings, News, Guidance, Commodities, Intraday Update, Markets, Movers

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