NEW YORK (TheStreet) -- Apache Corp. (APA) - Get Report stock is up by 1.32% to $38.38 in midday trading on Wednesday, ahead of the company's 2015 fourth quarter results, due out before the market open on Thursday.
Analysts surveyed by Thomson Reuters are projecting the energy company to report a loss of 47 cents per share on revenue of $1.42 billion.
Last year, Apache reported earnings of $1.07 per share on revenue of $2.9 billion during the 2014 fourth quarter.
Apache's stock has dropped by 14% so far this year amid declining oil prices. During the year-ago period, Apache reduced its rig count and lowered costs due to the declining prices.
Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rates this stock as a "sell" with a ratings score of D. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.
You can view the full analysis from the report here: APA