AP NEWS

Vaalco Energy: 3Q Earnings Snapshot

November 7, 2019 GMT

HOUSTON (AP) _ Vaalco Energy Inc. (EGY) on Wednesday reported a third-quarter loss of $3.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Houston-based company said it had a loss of 7 cents. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 1 cent per share.

The oil and natural gas explorer posted revenue of $17.6 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $2.02. A year ago, they were trading at $2.12.

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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 EGY at https://www.zacks.com/ap/EGY