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Stock Market & Financial Investment News

News Breaks
January 7, 2013
14:17 EDTPQPetroQuest Energy reports daily production now 82,000 Mmcfe
In the Gulf Coast, the company recently installed downstream compression equipment at its La Cantera field to expand the takeaway capacity. As a result, the company has increased its total daily gross production to approximately 82,000 Mmcfe. Additional capacity is expected to be available during 2Q13. At that time, the company expects to increase the natural gas liquids recoveries from the Thibodeaux #1 and Broussard Estates #2 wells.
News For PQ From The Last 14 Days
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August 3, 2015
16:04 EDTPQPetroQuest reports Q2 EPS (94c), consensus (15c)
Reports Q2 revenue $32.55M, consensus $33.15M. Production for Q2 was 9.7 Bcfe, compared to 10.7 Bcfe for the comparable period of 2014. At June 30, the company had a working capital surplus of approximately $80M. It said, "With our improved liquidity position that includes $141 million of cash and a $70 million undrawn revolver we have the flexibility to navigate this low price environment for an extended period of time."

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