PetroQuest Energy (PQ) Misses Q2 EPS by 91c
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PetroQuest Energy Announces Second Quarter 2016 Results
August 1, 2016 4:07 PM EDTLAFAYETTE, La., Aug. 1, 2016 /PRNewswire/ -- PetroQuest Energy, Inc. (the "Company") today announced a loss available to common stockholders for the quarter ended June 30, 2016 of $24,143,000, or $1.38 per share, compared to second quarter 2015 loss available to common stockholders of $61,083,000, or $3.77 per share. For the first six months of 2016, the Company reported a loss available to common stockholders of $63,280,000, or $3.67 per share, compared to a loss available to common stockholders of $183,323,000, or $11.31 per share, for the 2015 period. The losses during the quarter and six months ended June 30, 2016 and June 30, 2015 included non-cash ceiling test write-downs totaling $12,782,000 and $31,639,000, respectively, and $65,495,000 and $174,406,000, respectively.... More
