PetroQuest Energy Inc. in Lafayette reported a third-quarter net loss of $51.9 million, or 80 cents per share, compared to net income of $4.7 million, or 7 cents per share, a year ago.

“Despite a challenging commodity price environment, we believe we have the assets, experience and liquidity in place to bridge us to the other side of this downturn,” said Charles T. Goodson, chairman, chief executive officer and president.