PostRock Energy (PSTR) Posts Q1 Loss of $2.46/Share
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PostRock Reports First Quarter Results
May 13, 2015 7:00 PM EDTOKLAHOMA CITY, May 13, 2015 (GLOBE NEWSWIRE) -- PostRock Energy Corporation (Nasdaq: PSTR) today announced its results for the quarter ended March 31, 2015.
Highlights
Revenue totaled $12.5 million, down 43% from the prior-year period. Realized oil and natural gas prices were down 53% and 42%, respectively, from the prior-year period. Production, using a realized 16:1 gas-to-oil economic equivalency, averaged 47.4 MMcfe per day, up 3% from the prior-year period. Gas production averaged 34.6 MMcf per day, down 5% from the prior-year period. Oil production averaged 799 barrels a day, a 34% increase from the prior-year period, and oil... More