Harvest Natural Resources posts 4Q profit

HOUSTON (AP) _ Harvest Natural Resources Inc. (HNR) on Monday reported fourth-quarter net income of $100.6 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Houston-based company said it had net income of $9. Losses, adjusted to account for discontinued operations, came to 52 cents per share.

For the year, the company reported net income of $66.6 million, or $5.35 per share, swinging to a profit in the period.

Harvest Natural Resources shares have risen 9 percent since the beginning of the year. The stock has nearly tripled 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 HNR at https://www.zacks.com/ap/HNR


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