Current PQ Stock Info

PetroQuest (ticker: PQ) put forth its Q2’12 results today. Three month and six month revenues were $33.4MM and $69.5MM, respectively. Discretionary cash flow, a non-GAAP calculation, was $20.1MM for Q2 and $39.7MM for the first six months of 2012. These 2012 figures are less than 2011 due primarily in the change in commodity prices.

Production volumes for Q2’12 were 8.4 Bcfe, 14% better than Q2’11. First half 2012 production was 16.6 Bcfe, 13% better than 2011’s corresponding period. Equivalent pricing year-over-year was down 26%.

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