HOUSTON (AP) _ APA Corporation (APA) on Monday reported fourth-quarter profit of $382 million.

On a per-share basis, the Houston-based company said it had profit of $1.05. Earnings, adjusted for non-recurring costs, were $1.29 per share.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.

The oil and natural gas producer posted revenue of $2.3 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $2.1 billion.

For the year, the company reported net income of $973 million, or $2.59 per share, swinging to a profit in the period. Revenue was reported as $7.99 billion.

APA shares have risen 20% since the beginning of the year, while the S&P's 500 index has declined almost 9%. The stock has climbed 78% 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

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