WASHINGTON (dpa-AFX) - APA Corporation (APA) released a profit for first
quarter that decreased from last year and missed the Street estimates.

The company's bottom line totaled $132 million, or $0.44 per share. This
compares with $242 million, or $0.78 per share, in last year's first quarter.

Excluding items, APA Corporation reported adjusted earnings of $237 million or
$0.78 per share for the period.

Analysts on average had expected the company to earn $0.94 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 3.0% to $1.95 billion from $2.01
billion last year.

APA Corporation earnings at a glance (GAAP) :

-Earnings (Q1): $132 Mln. vs. $242 Mln. last year.
-EPS (Q1): $0.44 vs. $0.78 last year.
-Revenue (Q1): $1.95 Bln vs. $2.01 Bln last year.


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