Apache (NYSE: APA) reported earnings on Nov. 1. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Apache beat expectations on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue dropped and GAAP earnings per share shrank significantly.

Margins dropped across the board.

Revenue details
 Apache reported revenue of $4.18 billion. The 14 analysts polled by S&P Capital IQ hoped for revenue of $4.10 billion on the same basis. GAAP reported sales were 2.2% lower than the prior-year quarter's $4.27 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $2.16. The 25 earnings estimates compiled by S&P Capital IQ averaged $2.27 per share. GAAP EPS of $0.41 for Q3 were 84% lower than the prior-year quarter's $2.51 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 78.8%, 530 basis points worse than the prior-year quarter. Operating margin was 21.8%, 2,820 basis points worse than the prior-year quarter. Net margin was 4.3%, 1,910 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $4.41 billion. On the bottom line, the average EPS estimate is $2.44.

Next year's average estimate for revenue is $16.94 billion. The average EPS estimate is $9.77.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,063 members out of 2,121 rating the stock outperform, and 58 members rating it underperform. Among 414 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 405 give Apache a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Apache is outperform, with an average price target of $113.52.

Is Apache the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.