05:48 PM EDT, 05/01/2024 (MT Newswires) -- APA (APA) reported Q1 adjusted earnings Wednesday of $0.78 per diluted share, down from $1.19 a year earlier.

Analysts polled by Capital IQ expected $0.94.

Revenue in the quarter ended March 31 fell to $1.95 billion from $2.01 billion a year earlier. Analysts polled by Capital IQ expected $1.91 billion.

APA shares fell 1.6% in after-hours activity.

Price: 30.01, Change: -0.49, Percent Change: -1.61