Petroquest Energy Inc (NYSE:PQ) Set to Announce Quarterly Earnings on Wednesday
Petroquest Energy Inc (NYSE:PQ) will be announcing its earnings results after the market closes on Wednesday, August 2nd. Analysts expect the company to announce earnings of ($0.20) per share for the quarter.
Petroquest Energy (NYSE:PQ) last posted its quarterly earnings data on Wednesday, May 3rd. The energy company reported ($0.23) earnings per share for the quarter, topping the consensus estimate of ($0.29) by $0.06. The business had revenue of $20.77 million for the quarter, compared to analyst estimates of $19.92 million. On average, analysts expect Petroquest Energy to post $-0.62 EPS for the current fiscal year and $-0.3 EPS for the next fiscal year.
Petroquest Energy Inc (NYSE:PQ) traded up 4.7895% during trading on Thursday, hitting $2.1901. The company had a trading volume of 72,375 shares. Petroquest Energy Inc has a one year low of $1.66 and a one year high of $4.75. The stock has a 50-day moving average of $2.03 and a 200-day moving average of $2.85. The stock’s market capitalization is $46.47 million.
In other Petroquest Energy news, Director Joseph Gerard Jolly purchased 20,000 shares of Petroquest Energy stock in a transaction that occurred on Tuesday, May 9th. The stock was acquired at an average price of $2.28 per share, for a total transaction of $45,600.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.40% of the company’s stock.
A number of equities analysts recently commented on PQ shares. Zacks Investment Research cut Petroquest Energy from a “buy” rating to a “sell” rating in a report on Wednesday, April 5th. Roth Capital set a $7.00 price target on Petroquest Energy and gave the stock a “buy” rating in a report on Monday, May 22nd. ValuEngine cut Petroquest Energy from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Seaport Global Securities cut Petroquest Energy from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $6.00 to $2.00 in a report on Wednesday, June 21st. Finally, Capital One Financial Corporation cut Petroquest Energy from an “overweight” rating to an “equal weight” rating in a report on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $4.38.
About Petroquest Energy
PetroQuest Energy, Inc is an oil and gas company. The Company is engaged in exploratory, development and acquisition activities. The Company has approximately 30 gross exploratory wells and over 30 gross development wells. The Company has reserves in various areas, including East Texas, Gulf Coast Basin and Oklahoma Woodford.
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