News Summary

Shares of Apache Corp APA dropped about 0.7% after the company reported its Q4 earnings at $670 million, or $1.77 per share, versus $582 million, or $1.72 per share, in the year-earlier period. The company's adjusted earnings increased to $2.19 per share from $1.96 per share. The company's revenue came in at $3.43 billion, up from $2.56 billion, in the year-ago period. However, analysts were expecting earnings of $2.46 per share on revenue of $3.46 billion. Shares of Dr. Pepper Snapple Group Inc DPS gained about 5.6% after the company reported upbeat Q4 earnings. DPS reported its earnings at $112 million, or $0.49 per share, compared with $114 million, or $0.44 per share, in the year-earlier period. The company's adjusted earnings came in at $0.67 per share. The company's net sales increased 4% y/y to $1.41 billion. However, analysts were expecting earnings of $0.63 per share. DPS projected 2011 earnings in the range of $2.70 to $2.78 per share, versus analysts' estimates of $2.72 per share. Shares of Duke Energy Corp DUK gained about 2.6% after the company reported its Q4 results. The company's earnings increased to $427 million, or $0.32 per share, from $346 million, or $0.26 per share, in the year-earlier period. The company's revenue came in at $3.45 billion. DUK's adjusted earnings dropped to $0.21 per share from $0.28 per share. However, analysts were expecting earnings of $0.23 per share on revenue of $3.15 billion. DUK projected its 2011 earnings of $1.35 to $1.40 per share, versus the analyst expectation of $1.33 per share. Read more from Benzinga's Markets.