HOUSTON — Evolution Petroleum Corp. (EPM) on Wednesday reported a fiscal fourth-quarter loss of $2.3 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs, came to 3 cents per share.
The oil and gas company posted revenue of $3.4 million in the period.
For the year, the company reported profit of $5.9 million, or 18 cents per share. Revenue was reported as $29.6 million.
In the final minutes of trading on Wednesday, the company’s shares hit $2.63. A year ago, they were trading at $6.13.
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