Apache Corp. (APA) - Get Apache Corporation Report is expected to report quarterly earnings of 12 cents a share on sales of $1.6 billion after the market closes on Wednesday, May 1, based on a FactSet survey of 26 analysts.
In the same period a year ago, the company posted earnings of 32 cents a share on sales of $1.7 billion.
The stock has fallen 1% since the company last reported earnings on Feb. 27.
Quarterly estimates have fallen 1 cent a share in the past month.
Apache is currently trading at a price-to-forward-earnings ratio of 26 based on the 12-month estimates of 29 analysts surveyed by FactSet.
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This story has been updated to correct the expected time of earnings report.