Getting your player ready...
Delta Petroleum said it would likely restructure its debt and warned any deal it reaches could be highly dilutive to existing stockholders. Delta reported a quarterly loss of $429.4 million, or 15.40 per diluted share. Shares in the Denver-based oil and natural-gas exploration and development company plunged 65 percent, or $1.33, to 72 cents in after-hours trading Wednesday. Through the close, the stock had already dropped 73 percent so far this year.
