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HOUSTON (AP) _ Apache Corp. (APA) on Thursday reported a third-quarter loss of $1.33 billion.
The Houston-based company said it had a loss of $3.50 per share. Earnings, adjusted for pretax expenses and non-recurring costs, were $1.38 per share.
The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.38 per share.
The oil and natural gas producer posted revenue of $3.74 billion in the period, beating Street forecasts. Analysts expected $3.56 billion, according to Zacks.
Apache shares have fallen 12 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 9.5 percent. The stock has fallen 15 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. APA stock research report from Zacks.
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Keywords:Apache,Earnings Report
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