PetroQuest Energy (PQ) Misses Q3 EPS by 61c

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Go back to PetroQuest Energy (PQ) Misses Q3 EPS by 61c

PetroQuest Energy Announces Third Quarter Results

November 2, 2015 5:01 PM EST

LAFAYETTE, La., Nov. 2, 2015 /PRNewswire/ -- PetroQuest Energy, Inc. (the "Company") today announced results for the third quarter of 2015.  The following are balance sheet highlights as of September 30, 2015:

$159 million of cash Undrawn bank credit facility

The Company is currently evaluating refinancing and deleveraging options with respect to the $350 million of senior notes due 2017 (the "Notes").  Options include using cash to redeem a portion of the Notes at market prices, exchanging a portion of the Notes for secured second lien notes to extend the maturity date or using various combinations... More