Transatlantic Petroleum: 4Q Earnings Snapshot

ADDISON, Texas (AP) _ Transatlantic Petroleum Ltd. (TAT) on Wednesday reported a loss of $2.5 million in its fourth quarter.

On a per-share basis, the Addison, Texas-based company said it had a loss of 4 cents.

The oil and gas company posted revenue of $16.5 million in the period.

For the year, the company reported that its loss widened to $5.4 million, or 10 cents per share. Revenue was reported as $67.4 million.

In the final minutes of trading on Wednesday, the company's shares hit 25 cents. A year ago, they were trading at $1.07.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TAT at