CALGARY, Alberta (AP) _ Bellatrix Exploration Ltd. (BXE) on Friday reported first-quarter net income of $ 14.1 million, after reporting a loss in the same period a year earlier.
The Calgary, Alberta-based company said it had profit of 7 cents per share. Losses, adjusted for non-recurring gains, came to 6 cents per share.
The oil and gas company posted revenue of $ 40.2 million in the period.
The company’s shares closed at $ 1. A year ago, they were trading at $ 3.21.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BXE at http://www.zacks.com/ap/BXE
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Keywords: Bellatrix Exploration, Earnings Report