Close

PetroQuest Energy, Inc. (PQ) Reports a Q2 Loss

August 2, 2012 6:49 AM EDT
PetroQuest Energy, Inc. (NYSE: PQ) reported Q2 EPS of ($0.87) vs. the analyst estimate of ($0.03) (May not be comparable). Revenue for the quarter came in at $33.4 million versus the consensus estimate of $35.1 million.

(The Company recorded non-cash ceiling test write-downs of $53,485,000 and $73,596,000 during the second quarter and six month periods of 2012, respectively, as a result of the impact of low natural gas prices on the future discounted net cash flows from its estimated proved reserves)

For earnings history and earnings-related data on PetroQuest Energy, Inc. (PQ) click here.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings

Related Entities

Earnings