Petroquest Energy CFO James Bond Clement Buys 10,000 Shares (PQ)
Petroquest Energy (NYSE:PQ) CFO James Bond Clement purchased 10,000 shares of the stock in a transaction dated Friday, June 13th. The shares were purchased at an average price of $6.56 per share, for a total transaction of $65,600.00. Following the completion of the transaction, the chief financial officer now directly owns 298,028 shares in the company, valued at approximately $1,955,064. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on PQ. Analysts at TheStreet upgraded shares of Petroquest Energy from a “sell” rating to a “hold” rating in a research note on Thursday, May 8th. Separately, analysts at Sterne Agee downgraded shares of Petroquest Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 6th. They now have a $7.00 price target on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Petroquest Energy from $5.25 to $6.25 in a research note on Friday, April 4th. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $6.87.
Petroquest Energy (NYSE:PQ) traded down 0.75% during mid-day trading on Monday, hitting $6.64. 902,450 shares of the company’s stock traded hands. Petroquest Energy has a 52-week low of $3.64 and a 52-week high of $6.69. The stock has a 50-day moving average of $6.07 and a 200-day moving average of $4.98. The company has a market cap of $438.1 million and a price-to-earnings ratio of 26.98.
Petroquest Energy (NYSE:PQ) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.05. The company had revenue of $59.97 million for the quarter, compared to the consensus estimate of $58.83 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was up 66.7% on a year-over-year basis. On average, analysts predict that Petroquest Energy will post $0.60 earnings per share for the current fiscal year.
PetroQuest Energy, Inc (NYSE:PQ) is an independent oil and gas company.