Vaalco Energy: 3Q Earnings Snapshot
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.