Petroquest Energy Inc. (PQ)

[electech1]

34% run today.

[Fanthos]

I'm aware but they are going bankrupt. I'm not touching that stock

[electech1]

PQ isn't doing as well as SDOC. They were neck and neck for a while as far as percentages. And they used to be in the New York Stock Exchange.

[Fanthos]

Big buy order today, sign of things to come, or let long positions are building.

[Fanthos]

I've added even more today. Ready for takeoff

[electech1]

All this action and no chatter?

[Fanthos]

Net loss reported -.98 a share

[legalizeMJ]

PQ is a Natural Gas stock(90% of its product is Nat. gas and Nat. gas is still down).

[legalizeMJ]

YES,a BIG improvement comparing to Q3 eps= -$0.80 per share.
Here the link to its Q3 report.

http://www.b2i.us/profiles/investor/ResLibraryView.asp?ResLibraryID=79598&GoTopage=2&Category=1836&BzID=1690&G=666

PQ= STRONG BUY.
Go PQ $$$$$$$$$$$$$$$

[maria17]

I'm seeing estimates of -.14
Haven't been watching this stock is that an improvement?

[legalizeMJ]

LINK:GOOD NEWS:Successful Results Of The Exchange Offer And Consent Solicitation As Of The Early Tender Date And Extension Of Early Tender Date

https://finance.yahoo.com/news/petroquest-energy-announces-successful-results-113000901.html

GOOD NEWS:PQ Provide First Quarter 2016 Production And 2016 Capital Expenditures Guidance; Updates Operations, Liquidity And Hedging
https://finance.yahoo.com/news/petroquest-energy-announces-2015-estimated-210100344.html

PQ= STRONG BUY.
Go PQ $$$$$$$$$$$

[legalizeMJ]

Oil,gas= UP and PQ will go UP with oil,gas.

PQ= STRONG BUY.
Go PQ $$$$$$$$$$$$$

[legalizeMJ]

PQ will report on 3/2/16, after hours.Buy before earnings to profit.

PQ WILL report its earnings tomorrow(3/2, after hour) Buy PQ before earnings to profit because Oil,gas= UP and PQ will go UP with oil,gas.

https://finance.yahoo.com/news/buy-petroquest-energy-pq-ahead-135201717.html

Investors are always looking for stocks that are poised to beat at earnings season and PetroQuest Energy Inc. PQ may be one such company.

Go PQ $$$$$$$$$$$

[$Pistol Pete$]

$PQ Daily & Weekly Chart

[legalizeMJ]

PQ= STRONG BUY. PQ is better than other oil companies because PQ did NOT sell its assets to repay debt like other oil companies did.

[legalizeMJ]

PQ, PVA are UP because Oil= UP.

BUY PVA(Oil stock) to PROFIT.

10/6 GOOD NEWS:PVA sold assets to repay debts.

http://finance.yahoo.com/news/penn-virginia-corporation-announces-sale-105500404.html

PVA REPAID its debts and Oil price is UP. Therfore, PVA is GOOD to go UP, UP, UP from this price.
PVA is GOOD to go UP, UP, AND UP from here.

PVA(Oil stock)= STRONG BUY $$$$$$$$$$$$$$$$$$

[Kylef]

Once we pass 55..nice

[Kylef]

Looking Great in this area for a Bounce!

[Timothy Smith]

PetroQuest Energy (NYSE:PQ): Q2 EPS of -$0.94 may not be comparable to consensus of -$0.15.

Revenue of $32.6M (-46.2% Y/Y) misses by $0.55M.

[Timothy Smith]

PetroQuest Energy (NYSE:PQ) says it is ready to ramp up production from its Thunder Bayou discovery well in Louisiana after starting first gas, and plans to monitor performance over the next week as it increases the well's production to its previously announced expected gross rate of ~38,000 Mcfe/day.

[stocktrademan]

$PQ recent news/filings

bullish
bottom bounce

## source: finance.yahoo.com

Mon, 08 Jun 2015 18:10:14 GMT ~ Can PetroQuest Maintain 20% Gains After Asset Sale and Analyst Upgrades?


read full: http://247wallst.com/energy-business/2015/06/08/can-petroquest-maintain-20-gains-after-asset-sale-and-analyst-upgrades/
*********************************************************

Mon, 08 Jun 2015 15:09:00 GMT ~ PetroQuest Energy (PQ) Stock Gains After Analyst Upgrades


read full: http://www.thestreet.com/story/13178489/1/petroquest-energy-pq-stock-gains-after-analyst-upgrades.html?puc=yahoo&cm_ven=YAHOO
*********************************************************

Mon, 08 Jun 2015 11:17:06 GMT ~ PetroQuest Energy upgraded by Raymond James and Iberia


read full: http://finance.yahoo.com/q/ud?s=PQ
*********************************************************

Fri, 05 Jun 2015 21:34:02 GMT ~ PetroQuest Energy Announces $280 Million Sell-Down Of Arkoma Assets; Updates Borrowing Base, Operations And Production And Cost Guidance

[at noodls] - LAFAYETTE, La. , June 5, 2015 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) today announced the closing of the sale of the majority of its interests in the Woodford and Mississippian Lime (the 'Sold ...

read full: http://www.noodls.com/view/653F449B82512A57550170B4D1F2C969B33ABE3C
*********************************************************

Fri, 05 Jun 2015 21:04:11 GMT ~ PETROQUEST ENERGY INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Di


read full: http://biz.yahoo.com/e/150605/pq8-k.html
*********************************************************

$PQ charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$PQ company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/PQ/company-info
Ticker: $PQ
OTC Market Place: Not Available
CIK code: 0000872248
Company name: Petroquest Energy, Inc.
Incorporated In: DE, USA

Business Description:

$PQ share structure

## source: otcmarkets.com

Market Value: $138,945,433 a/o Jun 12, 2015
Shares Outstanding: 65,850,916 a/o May 01, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$PQ extra dd links

Company name: Petroquest Energy, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/PQ/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/PQ/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=PQ+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=PQ+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=PQ+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/PQ/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/PQ/news - http://finance.yahoo.com/q/h?s=PQ+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/PQ/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/PQ/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/PQ/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/PQ/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/PQ/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/PQ/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/PQ/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/PQ/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=PQ+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/PQ
DTCC (dtcc.com): http://search2.dtcc.com/?q=Petroquest+Energy%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Petroquest+Energy%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Petroquest+Energy%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/PQ/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/PQ
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/PQ/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/PQ/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/PQ/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000872248&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/PQ/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/PQ/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/PQ/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/PQ/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=PQ&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=PQ
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/PQ/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=PQ+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=PQ+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=PQ
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=PQ
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=PQ+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/PQ/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=PQ+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/PQ.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=PQ
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/PQ/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/PQ/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/PQ/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/PQ/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/PQ
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/PQ
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/PQ:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=PQ
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=PQ



$PQ DD Notes ~ http://www.ddnotesmaker.com/PQ

[Timothy Smith]

$PQ sees Thunder Bayou production increasing by 25M cf/day when first well comes on-line in May and eventually growing as high as 70M cf/day; production is expected to begin in May.

[Timothy Smith]

$PQ is sharply higher after saying its lenders have revised its $220M borrowing base to $190M.

[Spicknspan]

All stocks with ENERGY in their name have an uphill battle with %56 barrel of oil prices in the news.

Good for the consumer, bad for energy investors.

[Lenny_da_Maniac]

8k looks good, maybe I was off by a day....

[Lenny_da_Maniac]

Expecting a nice rebound today. Possible test of 440 again gltya

[Spicknspan]

Great news today. Should get more people keeping an eye out for more news with PQ

[fcy]

DJCNEWS 12/08/2014
Brazil’s newest refinery to reduce the nation’s dependence on imported gasoline and signal a new era in Latin American energy independence. The Abreu e Lima will ramp up to 230,00 barrels a day 70 % of which will be diesel. PBR refinery has now capacity of 3.3 million barrel per day. A separate refinery is under construction in Rio de Janeiro, the Comperj facility, will complete in 2016 this will give PBR and Brazil total independence on imports of gasoline. Refinery will help South America overcome Imperialisms of North. Go PBR Go $100.00 a share in les then two year. Yes!
China Overtook The US As The World's Largest Economy REUTERS/Shannon Stapleton Sorry, America. China just overtook the US to become the world's largest economy, according to the International Monetary Fund
China, Russia, and the End of the Petrodollar
Say you’re an up-and-coming superpower wannabe with dreams of dominating your neighbors and intimidating everyone else. Your ambition is understandable; rising nations always join the “great game”, both for their own enrichment and in defense against other big players.
But if you’re Russia or China, there’s something in your way: The old superpower, the US, has the world’s reserve currency, which allows it to run an untouchable military empire basically for free, simply by creating otherwise-worthless pieces of paper and/or their electronic equivalent. Russia and China can’t do that, and would see their currencies and by extension their economies collapse if they tried.
So before they can boot the US military out of Asia and Eastern Europe, they have to strip the dollar of its dominant role in world trade, especially of Middle Eastern oil. And that’s exactly what they’re trying to do. See this excerpt from an excellent longer piece by Economic Collapse Blog’s Michael Snyder:
China And Russia Are Ruthlessly Cutting The Legs Out From Under The U.S. Dollar
China and Russia are not the “buddies” of the United States. The truth is that they are both ruthless competitors of the United States and leaders from both nations have been calling for a new global currency for years.
They don’t like that the United States has a built-in advantage of having the reserve currency of the world, and over the past several years both countries have been busy making international agreements that seek to chip away at that advantage.
Just the other day, China and Germany agreed to start conducting an increasing amount of trade with each other in their own currencies.
You would think that a major currency agreement between the 2nd and 4th largest economies on the face of the planet would make headlines all over the United States.
Instead, the silence in the U.S. media was deafening.
However, the truth is that both Russia and China have been making deals like this all over the globe in recent years. I detailed 11 more major agreements like the one that China and Germany just made in this article: “11 International Agreements That Are Nails In The Coffin Of The Petrodollar”.
A few of the things that will likely happen when the petrodollar dies….
-Oil will cost a lot more.
-Everything will cost a lot more.
-There will be a lot less foreign demand for U.S. government debt.
-Interest rates on U.S. government debt will rise.
-Interest rates on just about everything in the U.S. economy will rise.
So enjoy going to “the dollar store” while you can.
Will turn into the “five and ten dollar store” soon enough.
Some thoughts
Snyder goes on to note that both China and Russia are accumulating gold, which will protect them from the coming currency crisis and give the ruble and yuan greater legitimacy in global trade. In Jim Rickards’ book Currency Wars, he tells the story of financial war games conducted by the US military, in which one of the scenarios was a Russian gold backed currency that challenged the dollar. We’re apparently not far from that plan becoming feasible.
The US spends a big chunk of its $700 billion a year defense budget on dominating the Middle East in order to force the trading of oil in dollars. Let that trade be diversified into several currencies and the demand for petrodollars goes way down. Central banks and global corporations will sell part of their dollar holdings, sending the dollar’s exchange rate into a tailspin. This in turn will make it harder for the US to finance its military empire/welfare state.
The net result: America becomes Spain, no longer able to simply whip out the monetary credit card to cover its overspending. We’ll have to live within our means, cutting maybe $3 trillion a year in government largesse (including the growth in unfunded entitlements liabilities).
Cuts on this scale can’t be accomplished smoothly, as Europe is discovering. So in this scenario the coming decade will be even messier than the last one, with “Occupy” movements shutting down cities and every election producing incumbent massacres. A combination of higher prices for necessities and lower wages will demote much of the middle class to “working poor.”
Meanwhile, China and Russia will reap the rewards of stronger currencies, and will divide (or share) control over their part of the world. It’s hard to know who to feel sorrier for, Americans who thought they could depend on government programs for a middle class lifestyle, or the neighbors of China and Russia who will see the relatively light hand of the American empire replaced with something far more atavistic.
On 09/17/2014 The Federal Reserve remained on its easy-money course Fed renews vow to hold rates low for 'considerable time' Considerable, meaning 'forever'. Because we have so much debt, and the Fed is now sitting on $6T of its own from money printing and buying our debt. Last year the Fed bought 80% of our deficit with newly printed money. If they stop printing money and buying our debt, interest rates will go way up. We will have $20T in debt in 2 years - at 5% interest that will suck $1T of our $3T in tax revenue away just to service the debt. So they are stuck for infinite now - they are beyond the point of no return and can never stop printing money. I'm not sure why anybody trusts the US Dollar now...
USA economy is on steroids BRIC countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. "Building Better Global Economic BRICs."[1][2][3][4] The acronym has come into widespread use as a symbol of the apparent shift in global economic power away from the developed G7 economies towards the developing world. Projections on the future power of the BRIC economies vary widely. Some sources suggest that they might overtake the G7 economies by 2027.[5] More modestly, Goldman Sachs has argued that, although the four BRIC countries are developing rapidly, it was only by 2050 that their combined economies could eclipse the combined economies of the current richest countries of the world.
PBR pays an annual dividend of $0.74 and, at its current price, yields 7.29%, a level that is in-line with the Oil, Gas & Consumable Fuels industry average but above that of the S&P 500 which yields 1.92%. Additionally, this company is in the minority as most others in this industry do not pay a dividend. PBR is doing a fair job in comparison to its peers with a Return on Assets, Revenues per Employee, and Return on Equity of 2.55%, $1,636,864, and 5.53% respectively. Despite average performance at managing their owner's equity and at generating revenues from employees, the company is above average at managing their resources compared to other companies in the Oil, Gas & Consumable Fuels industry.
PBR has typical profitability characteristics for a company in the Oil, Gas & Consumable Fuels industry. While it does a better than median job converting revenues to profits on a net margin basis, its operating margin is on par with the industry norm.
Because PBR is in the Oil, Gas & Consumable Fuels industry and has positive earnings, the PEG, PE, and Price to Book ratios are the most appropriate valuation measures. The Price to Sales ratio is less instructive than the PEG or PE since the company has positive earnings. Therefore PBR seems valued at a discount with a PEG value of 0.4201, one of the lowest in the Oil, Gas & Consumable Fuels industry PBR is oversold and undervalue
PBR is nothing but a BUY candidate BUY…BUYS…BUY

[biotech_researcher]

Hamiliton, that is an excellent, excellent report and has not been reflected in the share price yet..

[hamilton]

EnerCom issued this re-cap today of the PQ presentation in Denver and added mention of the asset sale and borrowing base re-determination.
http://www.oilandgas360.com/de-risking-east-texas-petroquest-looks-drill-18-20-cotton-valley-horizontals-2015/?utm_source=Closing+Bell+Report&utm_campaign=8ec9d18d28-Closing_Bell_Campaign12_7_2012&utm_medium=email&utm_term=0_a32a355444-8ec9d18d28-20578753

[biotech_researcher]

They clearly are doing everything right, it's just that the US is producing an astounding amount of oil and nat gas now. Early winter is a good time to hold.

[hamilton]

More liquidity leads to more work and Charlie claims this is the best year for valuation creation inside the company in the last half dozen or so. I like a slow grind higher.

[hamilton]

I'm listening between football games to the presentations from the IPAA Conference in San Francisco last week. PQ is one of the better stories I've heard thus far due to the production and cash flow growth trends and the upcoming well results from the La Cantera look alike.

[biotech_researcher]

The recently announced partnership between PetroQuest and NextEra Energy, the 2nd or 3rd largest electric utility in the U.S. was stunning. Should see more color on the development of these well on the Q2 call.

[Timothy Smith]

I would caution against being to bullish on natural gas over the next two years. 3-5 year outlook is pretty good but supply will continue to outpace demand. It will rally again this winter though. Suffice it to say I still like Petroquest at these prices.

[Timothy Smith]

This is a tight group of executives with a solid plan and means to execute it. That is the type of situation I like to see.

[liggity]

You got it man. And recent breakout out of a loonngg consolidation.

Check the weekly chart.

[Timothy Smith]

The company has positive momentum and an excellent strategy to create shareholder value; share price could double over the next 12 months ($11).

[Timothy Smith]

Reserves replacement was 295% in 2013; PV-10 grew by 99%.

[Timothy Smith]

$PQ - After a big loss in 2012, the company posted net income of $0.14/share in 2013.

[sps50]

EIA - natural gas inventories down significantly per todays report!

[hotrod202]

http://seekingalpha.com/article/1999581-petroquest-energy-recent-operations-update-highlights-lucrative-risk-reward-opportunity-that-the-market-is-not-seeing

[hotrod202]

http://www.streetinsider.com/Analyst+PT+Change/FBR+Capital+Upgrades+PetroQuest+%28PQ%29+to+Outperform%2C+%248+PT/9170884.html

[sps50]

Time for an update 2/27/14 after hours. I would appreciate your view on its contents. PPS at $4.20 just three weeks ago. I guess the natives are restless. PQ seems to run in cycles hot/cold historically. I expect an analyst est. met type of results given the 4Q13 guidance to date.

Thoughts?

[sps50]

For almost 3 months the market was down on PQ, and then all of sudden late this week it was rediscovered when oil and gas prices are unfavorably falling. Insider knowledge ??? Looks suspicious

[sps50]

Investor Relations replied to my email that well completions or hookups will only be mentioned in the quarterly reports. I gave my opinion on that... too much silence is counter-productive.

[sps50]

Jeff, thanks for writing. :) Very quiet here otherwise. Any other posters around?

Great Link! I did not know about that one but will use it well in the future. I heard about the $9 -> $8 drop but not the other estimates. Some are not very bullish, eh?

No wonder when I bought at $4.65 that it dropped so suddenly! It seems to me that PQ still has a future if they link up, acquire and drill as they projected. Oil is high. I am hoping more natural gas users come on line to take the slack out of the natural gas price drop. US America sure has enough and PQ seems mostly to have natural gas.

Comment?

[Timothy Smith]

@ECOLE - Results: Adjusted Earnings Per Share increased to $0.06 in the quarter versus EPS of $-0.01 in the year-earlier quarter.

Revenue:

Rose 14.04% to $38.1 million from the year-earlier quarter.

Actual vs. Wall St. Expectations:

PetroQuest Energy Inc. reported adjusted EPS income of $0.06 per share. By that measure, the company missed the mean analyst estimate of $0.07. It missed the average revenue estimate of $40.26 million.

Quoting Management:

“With the closing of the Gulf of Mexico acquisition in July, we view the third quarter of 2013 as an inflection point in our oil production and associated cash flow. We have taken advantage of the recent rally in crude prices by layering in multiple hedging contracts at more attractive prices than we used in our valuation of the assets,” said Charles T. Goodson, Chairman, Chief Executive Officer and President.” On a pro forma basis, the acquired assets would have provided a 60% increase to our first quarter 2013 EBITDA on daily production of 967 barrels of oil and 19 MMcfe of gas. Over the next several weeks, we expect to increase oil production from the acquired assets to 2,100 barrels per day, which should translate into a material cash flow contribution.”

Key Stats:

Revenue increased 5.8% from $36.01 million in the previous quarter. EPS increased 20% from $0.05 in the previous quarter.

Looking Forward:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.06 to a profit $0.10. For the current year, the average estimate has moved up from a profit of $0.27 to a profit of $0.39 over the last ninety days.

[Timothy Smith]

@SPS - Analyst's suggest considerable upside:

$PQ had its target price decreased by Sterne Agee from $9.00 to $8.00 in a research note released on Wednesday morning, Analyst Ratings Network reports. They currently have a buy rating on the stock.

A number of other firms have also recently commented on PQ. Analysts at Zacks downgraded shares of PetroQuest Energy from an outperform rating to a neutral rating in a research note to investors on Friday, August 2nd. They now have a $5.10 price target on the stock.

PetroQuest Energy (NYSE:PQ) traded down 2.95% on Wednesday, hitting $4.27. PetroQuest Energy has a 52-week low of $3.55 and a 52-week high of $7.05. The stock’s 50-day moving average is currently $4.45. The company’s market cap is $275.2 million.

In other PetroQuest Energy news, major shareholder Advisory Corp Spo dumped 639,000 shares of the company’s stock in a transaction that occured on Thursday, August 8th. The stock was sold at an average price of $4.47, for a total value of $2,856,330.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

http://www.mideasttime.com/petroquest-energy-price-target-cut-to-8-00-pq/41634/

[sps50]

Agreed! I bought in too high at 4.65 thinking others would see what we see. No one else has commented... Is no one paying attention to the great hedges, here?