Oil and gas producer Apache Corp said a severe winter hurt output at its operations in Oklahoma, Texas and New Mexico in the fourth quarter.Apache did not provide an overall output estimate for the quarter.The company halted some operations because of storms in late November and early December. Widespread power cuts and icy roads slowed down the resumption of production.Energen Corp, Pioneer Natural Resources Co and its unit Pioneer Southwest Energy Partners have also said that severe weather in the United States hurt production.
Apache Corporation (Apache) is an independent energy company, which explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Shares of APA traded higher by 1.53% or $1.29/share to $85.73. In the past year, the shares have traded as low as $67.91 and as high as $94.84. On average, 2455900 shares of APA exchange hands on a given day and today's volume is recorded at 1811764.
Pioneer Natural Resources Company (Pioneer) is an independent oil and gas exploration and production company with operations in the United States and South Africa. Shares of PXD fell by 0.02% or $-0.04/share to $172.92. In the past year, the shares have traded as low as $109.18 and as high as $227.42. On average, 1926330 shares of PXD exchange hands on a given day and today's volume is recorded at 608441.
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