Harvest Natural Unsure When Petrodelta Deal Will Close

The net loss attributable to the company widened to $112.7 million, or $3.02 per share, in the quarter ended Dec. 31 from $23.1 million, or 59 cents per share, a year earlier.

Excluding the charges related to the sale of assets in Venezuela and an exploration charge, Harvest Natural posted a loss of 36 cents per share.

Two analysts on average were expecting a profit of 10 cents per share, according to Thomson Reuters I/B/E/S.

Harvest Natural's shares were down 5.8 percent at $4.09 in late afternoon trading. The company has lost nearly a quarter of its market value over the past year.


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