HOUSTON (AP) _ Crescent Energy Company (CRGY) on Tuesday reported a first-quarter loss of $85 million, after reporting a profit in the same period a year earlier.

The Houston-based company said it had a loss of $2.03 per share. Earnings, adjusted for one-time gains and costs, came to $6.56 per share.

The oil and gas company posted revenue of $598.9 million in the period.

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