NEW YORK (TheStreet) -- Apache Corp. (APA) - Get Report stock is down by 0.26% to $38.50 in pre-market trading on Thursday, after the company reported a loss during the 2015 fourth quarter. 

Before the market open on Thursday, the Houston-based energy company reported an adjusted loss of 6 cents per share, while analysts were projecting a loss of 47 cents per share. 

However, revenue of $1.26 billion was slightly lower than Wall Street's forecasts for revenue of $1.42 billion. Revenue dropped by about 52% year-over-year.

Additionally, Apache lowered its 2016 capital program to $1.4 billion to $1.8 billion, which is a 60% decrease from 2015.

The company has dramatically reduced its activity levels in the face of lower oil prices, Apache said in a statement. 

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

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