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PetroQuest Energy changes course on 10M-share offering

Mar. 12, 2015 7:47 AM ETPetroQuest Energy Inc. (PQ) StockBy: Carl Surran, SA News Editor
  • PetroQuest Energy (NYSE:PQ) says it will not proceed with its previously announced 10M-share public offering, deciding that an offering in light of current market conditions was not in the best interests of stockholders.
  • PQ had sought funding for working capital and general corporate purposes.
  • PQ -1.6% premarket after falling more than 10% on the original announcement.

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PetroQuest Energy Inc.