Apache Corp Should Lead E&P Firms in Q2 as CAPEX Spending Pays Off – ValueWalk Premium

Apache Corp Should Lead E&P Firms in Q2 as CAPEX Spending Pays Off

Among the North American Independent E&P firms, Apache Corporation (NYSE:APA) is expected to be the leader in terms of EPS. Apache Corporation, according to estimates, is expected to announce an EPS of USD 2.04 for the quarter ending June 30, 2013. This will be a drop of 1.4 percent in EPS over the same period last year but the Houston based firm continues to be the leader in earnings. The 55% of cash flow generated in North . . .

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