PetroQuest Energy (PQ) Misses Q1 EPS by 3c

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PetroQuest Energy Announces First Quarter 2017 Earnings; Provides Hedging and Operations Update

May 3, 2017 4:01 PM EDT

LAFAYETTE, La., May 03, 2017 (GLOBE NEWSWIRE) -- PetroQuest Energy, Inc. (NYSE: PQ) (the "Company") today announced results for the first quarter ended March 31, 2017.  The following are recent Company highlights:

Discretionary cash flow increased 156% from fourth quarter 2016 and 516% from first quarter 2016Production increased 13% from fourth quarter 2016Redemption of all remaining 2017 Senior NotesReturn to full compliance with NYSE continued listing standards 

Loss available to common stockholders for the quarter ended March 31, 2017 totaled $4,918,000, or $0.23 per share, compared to first quarter 2016 loss available to common... More