HOUSTON (AP) _ SilverBow Resources Inc. (SBOW) on Wednesday reported a first-quarter loss of $5.9 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 50 cents. Earnings, adjusted for non-recurring costs, came to 12 cents per share.
The energy company posted revenue of $53.4 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $4.85. A year ago, they were trading at $17.22.