HOUSTON (AP) _ APA Corporation (APA) on Wednesday reported a loss of $113 million in its third quarter.

On a per-share basis, the Houston-based company said it had a loss of 30 cents. Earnings, adjusted for non-recurring costs, came to 98 cents per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The oil and natural gas producer posted revenue of $1.65 billion in the period.

APA shares have increased 95% since the beginning of the year, while the S&P's 500 index has increased 24%. In the final minutes of trading on Wednesday, shares hit $27.63, more than tripling in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APA at https://www.zacks.com/ap/APA

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News