HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Wednesday reported a fourth-quarter loss of $7.4 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 19 cents. Earnings, adjusted for one-time gains and costs, came to 13 cents per share.
The oil and gas company posted revenue of $69 million in the period.
For the year, the company reported profit of $12.9 million, or 28 cents per share. Revenue was reported as $294.7 million.
In the final minutes of trading on Wednesday, the company’s shares hit $4.44. A year ago, they were trading at $6.06.
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