2 Jan 2018securities registration● Neutral
PETROQUEST ENERGY INC filed notice of an exempt private placement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
20 Dec 2017asset acquisition disposition● NeutralMajor
In December 2017 PetroQuest agreed to buy leases on about 24,600 gross acres of Austin Chalk in central Louisiana from Navitas Oil & Gas for up to about $18.8 million cash plus 2,000,000 new shares, with a first test well planned for Q2 2018. It funded this with $8.75 million from selling East Texas water disposal assets and about $6 million of cash. It also agreed to swap $4.75 million of 2021 notes for 2,240,000 shares, subject to NYSE approval, and the term loan lenders consented to the purchase. This is a new oil play and adds dilution, but cuts some debt.
14 Nov 2017director interest notice● Neutral
PETROQUEST ENERGY INC Exec VP - Operations and Prod Art M Mixon III acquired 52,717 shares and disposed of 2,668 in a set of related equity transactions.
14 Nov 2017director interest notice● Neutral
PETROQUEST ENERGY INC Exec VP, CFO and Treasurer James Bond Clement acquired 52,279 shares and disposed of 2,595 in a set of related equity transactions.
14 Nov 2017director interest notice● Neutral
PETROQUEST ENERGY INC Chairman, CEO and President Charles T Goodson acquired 96,031 shares and disposed of 5,646 in a set of related equity transactions.
14 Nov 2017director interest notice● Neutral
PETROQUEST ENERGY INC Exec VP - Gen. Counsel & Sec. Edward E. Abels Jr. acquired 47,838 shares and disposed of 2,277 in a set of related equity transactions.
2 Nov 2017quarterly activities report▼ Bad
PETROQUEST ENERGY INC reported quarterly revenue of $28.2 million and a net loss of $1.8 million for the period ended 2017-09-30.
1 Nov 2017quarterly activities report▼ Bad
PETROQUEST ENERGY INC reported quarterly revenue of $28.2 million and a net loss of $1.8 million for the period ended 2017-09-30.
4 Aug 2017quarterly activities report▼ Bad
PETROQUEST ENERGY INC reported quarterly revenue of $24.3 million and a net loss of $2.1 million for the period ended 2017-06-30.
2 Aug 2017quarterly activities report▼ Bad
PETROQUEST ENERGY INC reported quarterly revenue of $24.3 million and a net loss of $2.1 million for the period ended 2017-06-30.
16 June 2017listing compliance notice▼ BadMajor
On June 12, 2017 the NYSE told PetroQuest it fell below listing standards because average market value over 30 trading days was under $50 million and equity was under $50 million. The company has 45 days to submit a business plan, and the stock keeps trading while the plan is accepted and monitored. This repeats the equity and market value warning first received in December 2015.
22 May 2017director interest notice● Neutral
PETROQUEST ENERGY INC director Joseph Gerard Jolly received 7,500 shares as part of the equity award.
22 May 2017director interest notice● Neutral
PETROQUEST ENERGY INC director E Wayne Nordberg received 7,500 shares as part of the equity award.
22 May 2017director interest notice● Neutral
PETROQUEST ENERGY INC director Wilson Joseph Gordon III received 7,500 shares as part of the equity award.
22 May 2017director interest notice● Neutral
PETROQUEST ENERGY INC director William W Rucks IV received 7,500 shares as part of the equity award.
22 May 2017director interest notice● Neutral
PETROQUEST ENERGY INC director Charles F Md Mitchell received 7,500 shares as part of the equity award.
10 May 2017director interest notice● Neutral
PETROQUEST ENERGY INC director Joseph Gerard Jolly bought 20,000 shares on the open market at $2.28.
4 May 2017quarterly activities report▼ Bad
PETROQUEST ENERGY INC reported quarterly revenue of $20.8 million and a net loss of $3.6 million for the period ended 2017-03-31.
3 May 2017quarterly activities report▼ Bad
PETROQUEST ENERGY INC reported quarterly revenue of $20.8 million and a net loss of $3.6 million for the period ended 2017-03-31.
27 Apr 2017securities registration● Neutral
PETROQUEST ENERGY INC filed the final prospectus for a registered offering.
17 Apr 2017business combination● Neutral
On April 17, 2017 PetroQuest filed a registration statement so holders can swap their unregistered 2021 second-lien notes ($14.177 million) and PIK notes (about $251.9 million, issued Sept 27, 2016 and Feb 15, 2017) for registered notes with substantially the same terms. The company receives no proceeds. This fulfils the registration rights from the September 2016 exchange and is not a new financing. The PIK notes issued on Feb 15, 2017 imply interest was paid in kind then (inference).
13 Mar 2017director interest notice● Neutral
PETROQUEST ENERGY INC director Joseph Gerard Jolly bought 50,000 shares on the open market at $3.27.
8 Mar 2017securities registration● Neutral
PETROQUEST ENERGY INC amended an already-effective registration statement.
8 Mar 2017securities registration● Neutral
PETROQUEST ENERGY INC amended an already-effective registration statement.
8 Mar 2017securities registration● Neutral
PETROQUEST ENERGY INC amended an already-effective registration statement.
7 Feb 2017substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc disclosed a new substantial PETROQUEST ENERGY INC shareholding (6.90% of votes).
12 Jan 2017substantial holder notice● Neutral
Central Square Management, LLC reported a PETROQUEST ENERGY INC shareholding of 423,811 shares (2.00% of votes) in a periodic institutional filing.
15 Dec 2016director interest notice● Neutral
PETROQUEST ENERGY INC director Joseph Gerard Jolly received a stock option grant for 21,000 shares.
15 Dec 2016director interest notice● Neutral
Joseph Gerard Jolly became a PETROQUEST ENERGY INC director and company insider (initial ownership filing).
8 Dec 2016director interest notice● Neutral
PETROQUEST ENERGY INC Exec VP, CFO and Treasurer James Bond Clement gifted 500 shares.