NuVista Energy Ltd. (NVA.TO: Quote) Friday reported first-quarter net loss of $3 million or $0.03 per share, compared to net income of $9.6 million or $0.10 per share last year.
Excluding items, adjusted loss for the quarter was $10.9 million or $0.11 per share, compared to adjusted loss of $7 million or $0.08 per share a year ago.
Analysts polled by Thomson Reuters expected a loss of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $73.9 million, compared to $88 million a year ago.
Average production for the quarter totaled 25,250 Boe/d, compared to 26,078 Boe/d last year.
by RTT Staff Writer
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