HOUSTON (AP) _ Talos Energy, Inc. (TALO) on Wednesday reported a first-quarter loss of $121.5 million, after reporting a profit in the same period a year earlier.

The Houston-based company said it had a loss of $1.49 per share. Losses, adjusted for non-recurring costs, were 34 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share.

The independent oil and gas company posted revenue of $267.9 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $236.2 million.

Talos Energy shares have risen 50% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.36, an increase of 12% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TALO at https://www.zacks.com/ap/TALO

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