HOUSTON (AP) 鈥� HOUSTON (AP) 鈥� Talos Energy, Inc. (TALO) on Tuesday reported a loss of $256.2 million in its first quarter.
On a per-share basis, the Houston-based company said it had a loss of $1.52. Losses, adjusted for one-time gains and costs, came to 7 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 9 cents per share.
The independent oil and gas company posted revenue of $472.3 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $433.7 million.
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