PostRock Energy (PSTR) Posts Q2 Loss of $2.34/Share
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PostRock Reports Second Quarter Results
August 5, 2015 9:00 PM EDTOKLAHOMA CITY, Aug. 5, 2015 (GLOBE NEWSWIRE) -- PostRock Energy Corporation (NASDAQ: PSTR) today announced its results for the quarter ended June 30, 2015.
Highlights
Revenue totaled $11.2 million for the three months ended June 30, 2015, down 48% from the prior-year period. Realized oil and natural gas prices were down 47% and 45%, respectively, from the prior-year period. Production, using a realized 22:1 gas-to-oil economic equivalency in the quarter, averaged 48.8 MMcfe per day, down 5% from the three months ended June 30, 2014. Gas production averaged 34.8 MMcf per day, down 5% from the prior-year period. Oil production averaged 649... More