HOUSTON (AP) — HOUSTON (AP) — Talos Energy, Inc. (TALO) on Wednesday reported a loss of $95.9 million in its third quarter.
On a per-share basis, the Houston-based company said it had a loss of 55 cents. Losses, adjusted for one-time gains and costs, came to 19 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The independent oil and gas company posted revenue of $450.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $428.2 million.
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