HOUSTON (AP) _ Talos Energy, Inc. (TALO) on Wednesday reported fourth-quarter net income of $304,000.
On a per-share basis, the Houston-based company said it had profit of 1 cent. Earnings, adjusted for non-recurring costs, were $1.31 per share.
The independent oil and gas company posted revenue of $233.2 million in the period.
For the year, the company reported profit of $58.7 million, or $1.08 per share. Revenue was reported as $927.6 million.
Talos Energy shares have decreased 76% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.33, a decrease of 66% in the last 12 months.