The New York Stock Exchange accepted PetroQuest Energy Inc.’s (NYSE: PQ) plan to continue listing on the exchange, the company said March 21.
PetroQuest’s stock will continue listing on the exchange, provided that the required stock price trading levels are met within the six-month cure period and quarterly reviews are given to the NYSE’s listing and compliance committee.
PetroQuest said it plans to seek stockholders’ approval for a reverse stock split at the 2016 annual stockholders meeting on May 18, in order to meet the required stock price trading levels.
PetroQuest Energy, Inc. is based in Lafayette, La.
Recommended Reading
For Sale, Again: Oily Northern Midland’s HighPeak Energy
2024-03-08 - The E&P is looking to hitch a ride on heated, renewed Permian Basin M&A.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.
Gibson, SOGDC to Develop Oil, Gas Facilities at Industrial Park in Malaysia
2024-02-14 - Sabah Oil & Gas Development Corp. says its collaboration with Gibson Shipbrokers will unlock energy availability for domestic and international markets.
E&P Highlights: Feb. 16, 2024
2024-02-19 - From the mobile offshore production unit arriving at the Nong Yao Field offshore Thailand to approval for the Castorone vessel to resume operations, below is a compilation of the latest headlines in the E&P space.
TotalEnergies Acquires Eagle Ford Interest, Ups Texas NatGas Production
2024-04-08 - TotalEnergies’ 20% interest in the Eagle Ford’s Dorado Field will increase its natural gas production in Texas by 50 MMcf/d in 2024.