By late morning, shares had taken off 20.2% to $4.10.
In the three months to December, the Houston-based oiler posted a net loss of 54 cents a share. Analysts surveyed by Thomson Reuters had expected a per-share loss of 33 cents.
Revenue of $116.9 million was a 19.8% year-over-year increase and beat estimates by $27.7 million.Must Read: Warren Buffett's 10 Favorite Dividend Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates ENDEAVOUR INTERNATIONAL CORP as a Sell with a ratings score of D. The team has this to say about their recommendation: "We rate ENDEAVOUR INTERNATIONAL CORP (END) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, weak operating cash flow and unimpressive growth in net income."
- You can view the full analysis from the report here: END Ratings Report
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