Vaalco Energy: Q1 Earnings Snapshot

·1 min read

HOUSTON (AP) _ Vaalco Energy Inc. (EGY) on Wednesday reported first-quarter net income of $9.9 million.

The Houston-based company said it had profit of 17 cents per share. Earnings, adjusted for non-recurring gains, came to 15 cents per share.

The oil and natural gas explorer posted revenue of $39.8 million in the period.

The company's shares closed at $3.07. A year ago, they were trading at $1.22.


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The Associated Press

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