Last $0.72 USD
Change Today +0.0249 / 3.56%
Volume 15.0K
PSTR On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

postrock energy corp (PSTR) Snapshot

Open
$0.68
Previous Close
$0.70
Day High
$0.75
Day Low
$0.68
52 Week High
05/16/14 - $1.63
52 Week Low
11/4/14 - $0.55
Market Cap
45.8M
Average Volume 10 Days
36.8K
EPS TTM
$-0.88
Shares Outstanding
63.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for POSTROCK ENERGY CORP (PSTR)

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postrock energy corp (PSTR) Details

PostRock Energy Corporation, an independent oil and gas company, is engaged in the acquisition, exploration, development, production, and gathering of crude oil and natural gas. It primarily focuses on the production of conventional oil and coal bed methane gas from its properties located in the Cherokee basin, a region in southeastern Kansas and northeastern Oklahoma. The company also has oil producing properties in Oklahoma; and minor oil and gas producing properties in the Appalachian basin. Its estimated proved reserves include 86.6 billion cubic feet of natural gas and 4.4 million barrels of oil. As of December 31, 2013, the company had approximately 2,757 net wells on approximately 342,200 net acres located in the Cherokee basin; 47 net wells on approximately 10,300 net acres situated in Central Oklahoma; and 380 net wells on approximately 8,900 net acres located in the Appalachian basin. PostRock Energy Corporation was founded in 1982 and is headquartered in Oklahoma City, Oklahoma.

209 Employees
Last Reported Date: 03/28/14
Founded in 1982

postrock energy corp (PSTR) Top Compensated Officers

Chief Executive Officer, President, Principal...
Total Annual Compensation: $350.0K
Chief Compliance Officer, Executive Vice Pres...
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2013.

postrock energy corp (PSTR) Key Developments

PostRock Energy Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014 and Production Results for the Third Quarter Ended September 30, 2014

PostRock Energy Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014 and production results for the third quarter ended September 30, 2014. For the quarter, the company reported net income of $5,997,000, net income attributable to common stockholders was $4,376,000 or $0.14 per basic and diluted share on total revenues of $21,299,000 against net loss of $645,000, net loss attributable to common stockholders was $4,429,000 or $0.18 per basic and diluted share on total revenues of $18,614,000 a year ago. Operating loss of $80,000 compared to operating loss of $1,679,000 a year ago. Income before income taxes was $5,997,000 compared to loss before income taxes was $645,000 a year ago. During the quarter, capital expenditures totaled $7,000,000, with $5,800,000 being spent on development. This included $2,000,000 spent on completing two horizontals drilled in the prior quarter and approximately $2,600,000 on drilling two joint venture wells, as well as part of a third horizontal and a vertical well in Central Oklahoma. The remainder was spent on a variety of minor projects. EBITDA was $16,691,000 compared to $7,195,000 a year ago. Adjusted EBITDA was $7,746,000 compared to $6,003,000 a year ago. Revenue was up just over 14% from the prior year quarter, due to an increase in gas prices and increased oil production volumes. For the nine months, the company reported net cash flows from operating activities were $14,157,000 compared to $8,921,000 a year ago. Expenditures for equipment, development and leasehold were $22,002,000 compared to $43,601,000 a year ago. For the quarter, the company reported production of total crude oil of 82,480 Bbls compared to 54,439 Bbls a year ago. Total natural gas produced 3,326 MMcf compared to 3,640 MMcf a year ago.

PostRock Energy Corporation, Q3 2014 Earnings Call, Nov 06, 2014

PostRock Energy Corporation, Q3 2014 Earnings Call, Nov 06, 2014

Postrock Energy Corporation Provides an Update on Central Oklahoma Development Program

PostRock Energy Corporation provided an update on its Central Oklahoma development program and announced that approximately a third of its preferred securities will be converted into common stock. Drilling results in Oklahoma continue to significantly increase the Company's oil production and reserves. To help support the ongoing development program and reduce PostRock's fixed charges, White Deer Energy is exchanging a sizeable portion of its preferred for common stock. As previously reported, two horizontal wells were drilled during the second quarter in the Hunton formation of the Searight Field in Seminole County. The first is currently producing approximately 260 barrels of oil a day, having produced almost 35,000 barrels since coming on line in late June. The second well, which was put on production in July, is producing approximately 100 barrels a day and has produced almost 9,500 barrels to date. Based on current oil and gas futures prices, the wells in combination are projected to have a payback of approximately 13 months and an IRR of 100+%. The two wells, which were drilled for a combined cost of $6.2 million, are substantially exceeding pre-drill forecasts. The Company expects to drill two additional Hunton wells before year-end.

 

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PSTR

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Valuation PSTR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book NM Not Meaningful
Price/Cash Flow 2.9x
TEV/Sales -- Not Meaningful
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