HOUSTON (AP) — HOUSTON (AP) — Talos Energy, Inc. (TALO) on Wednesday reported a loss of $185.9 million in its second quarter.
On a per-share basis, the Houston-based company said it had a loss of $1.05. Losses, adjusted for one-time gains and costs, came to 27 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 27 cents per share.
The independent oil and gas company posted revenue of $424.7 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $432.7 million.
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