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Will Apache (APA) Stock Be Helped by Q3 Beat?

NEW YORK (TheStreet) -- Apache (APA) posted better-than-anticipated results for the 2016 third quarter on Thursday.

Before the opening bell, the Houston-based oil and gas company reported an adjusted loss of 3 cents per share, narrower than the FactSet consensus for a loss of 13 cents per share.

Revenue of $1.44 billion was higher than Wall Street's projections of $1.38 billion.

Apache's average global production in the quarter was 520,000 barrels of oil equivalent per day. Analysts were looking for an average output of...


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