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Vaalco Energy: 1Q Earnings Snapshot

HOUSTON (AP) _ Vaalco Energy Inc. (EGY) on Monday reported a first-quarter loss of $52.8 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 91 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 12 cents per share.

The oil and natural gas explorer posted revenue of $18.4 million in the period.

In the final minutes of trading on Monday, the company's shares hit 88 cents. A year ago, they were trading at $1.88.


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