Saturday, February 24, 2018

Houston,TX-Based Oil & Gas Co Apache Corp Generated 4Q 2017 Net Income of $518 Mil as Compared to a 4Q 2016 Net Loss of 143 Mil ....................................................................................... 59% if Its 4Q 2017 Net Income of $518 Mil Was Due To Apache Receiving a Net US Federal Income Tax Benefit of $306 Mil in the 4Q 2017 From the Trump Tax Cuts Act and Was Related to the Net Effect of Changes in Its Deferred Income Tax Assets and Liabilities Coupled With the Tax Impact of the Mandatory Foreign Earnings Repatriation