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.
