HOUSTON (AP) _ Vaalco Energy Inc. (EGY) on Wednesday reported third-quarter net income of $78.6 million, after reporting a loss in the same period a year earlier.
The Houston-based company said it had profit of $1.28 per share. Earnings, adjusted for one-time gains and costs, were 15 cents per share.
The oil and natural gas explorer posted revenue of $25.3 million in the period.
The company's shares closed at $2.11. A year ago, they were trading at 93 cents.
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