Vaalco Energy Inc. (EGY: Quote) Tuesday reported a decline in profit for the second quarter, due mainly to higher costs and expenses.
The Houston, Texas-based company's attributable net profit for the second quarter was $10.42 million or $0.18 per share, compared to $11.79 million or $0.20 per share last year.
Total revenues for the quarter grew to $58.82 million from $58.55 million in the prior-year quarter.
Click here to receive FREE breaking news email alerts for Vaalco Energy Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com