Current PQ Stock Info

Achieved 247% reserve replacement ratio
PetroQuest (ticker: PQ) announced 2017 reserves today, showing a 36% increase in reserves; The company also announced the divestiture of its offshore Gulf of Mexico assets.

Reserves grow PetroQuest now holds 156 Bcfe in reserves, 80% of which is natural gas, while the remaining 20% is split between 7% oil and 13% NGL. This represents 36% reserve growth in 2017, as the company held 115 Bcfe at the end of 2016. Based on estimated 2017 production, the company achieved a 247% reserve replacement ratio wit...

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