HOUSTON, July 2, 2020 /PRNewswire/ -- Quintana Energy
Services Inc. ("QES" or the "Company") (NYSE: QES) announced today
that, on July 1, 2020, the Company
was notified by the New York Stock Exchange ("NYSE") that the
Company has regained compliance with the NYSE's continued listing
standards.
On April 27, 2020, the Company was
notified by NYSE of its noncompliance with the NYSE's continued
listing standards because the average closing price of shares of
its common stock had fallen below $1.00 per share over a period of 30 consecutive
trading days, which is the minimum average closing price per share
required to maintain continued listing on the NYSE.
QES regained compliance after its average closing price for the
30-trading days ended June 30, 2020
was above the NYSE's minimum requirement of $1.00 per share based on a 30-trading day
average. Accordingly, the Company is no longer considered below the
$1.00 per share continued listing
criterion and the below compliance ".BC" indicator has been removed
from the Company's common shares.
About Quintana Energy Services
QES is a growth-oriented provider of diversified oilfield
services to leading onshore oil and natural gas exploration and
production companies operating in both conventional and
unconventional plays in all of the active major basins throughout
the U.S. QES's primary services include: directional drilling,
pressure pumping, pressure control and wireline services. The
Company offers a complementary suite of products and services to a
broad customer base that is supported by in-house manufacturing,
repair and maintenance capabilities. More information is available
at the Company's website at www.quintanaenergyservices.com.
Quintana Energy Services Investor Contact:
Quintana Energy Services
Keefer M. Lehner, EVP & CFP
832-518-4094
IR@qesinc.com
Dennard Lascar Investor
Relations
Ken Dennard / Natalie Hairston
713-529-6600
QES@dennardlascar.com
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SOURCE Quintana Energy Services Inc.