HOUSTON — 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.
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