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Midstates Petroleum: 1Q Earnings Snapshot

TULSA, Okla. (AP) _ Midstates Petroleum Co. (MPO) on Friday reported a first-quarter loss of $17.8 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Tulsa, Oklahoma-based company said it had a loss of 78 cents. Losses, adjusted for non-recurring costs, were 2 cents per share.

The oil and gas company posted revenue of $22.1 million in the period.

Midstates Petroleum shares have increased 39% since the beginning of the year. The stock has dropped 27% in the last 12 months.


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