HOUSTON (AP) _ Noble Energy Inc. (NBL) on Monday reported a loss of $408 million in its second quarter.

On a per-share basis, the Houston-based company said it had a loss of 85 cents. Losses, adjusted for non-recurring costs, were 24 cents per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

The oil and gas company posted revenue of $571 million in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $642.1 million.

Noble shares have fallen 60% since the beginning of the year, while the Standard & Poor's 500 index has climbed 1%. The stock has fallen 51% in the last 12 months.

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

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