The Oklahoma City-based independent posted a net loss of $3.5 billion ($8.64 per share) on revenue of $3.6 billion for the third quarter 2015 compared to net income of $1 billion ($2.47 per share) on revenue of $5.3 billion for the same period in 2014.
The loss was fueled by a $5.9 billion write-down on its portfolio of assets onshore US and Canada due to low oil and gas prices, bringing the company’s total non-cash asset impairments so far this year to a whopping $15.5
