This	report	also	discusses	Apache’s	adjusted	earnings,	which	exclude	certain	items	that	management	believes	affect	the	comparability	of	operating	results	and	are	meaningful	for	the	following	reasons:	Management	 uses adjusted earnings to evaluate the company’s operational trends and performance relative to other oil and gas producing companies; management believes this presentation may be useful to investors who follow the practice of some industry analysts who adjust reported company earnings for items that may obscure underlying fundamentals and trends; and the reconciling items are the types of items management believes are frequently excluded by analysts when evaluating the operating trends and comparability of the company’s results.