HOUSTON (AP) — Evolution Petroleum Corp. (EPM) on Wednesday reported a fiscal second-quarter loss of $12.7 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 38 cents. Losses, adjusted for asset impairment costs, came to 2 cents per share.
The oil and gas company posted revenue of $5.8 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $3.58. A year ago, they were trading at $5.22.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EPM at https://www.zacks.com/ap/EPM
