Petroquest Energy (PQ) Receiving Somewhat Positive Press Coverage, Report Shows
Press coverage about Petroquest Energy (NYSE:PQ) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Petroquest Energy earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 47.8380737921044 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Petroquest Energy (NYSE:PQ) traded up $0.05 on Friday, hitting $1.79. 8,131 shares of the stock traded hands, compared to its average volume of 52,485. Petroquest Energy has a 52 week low of $1.59 and a 52 week high of $4.75. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of -1.20.
Petroquest Energy (NYSE:PQ) last posted its quarterly earnings data on Wednesday, November 1st. The energy company reported ($0.15) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.02. The firm had revenue of $28.20 million for the quarter, compared to analyst estimates of $26.99 million. During the same quarter last year, the company earned ($1.31) earnings per share. The company’s quarterly revenue was up 64.9% compared to the same quarter last year. research analysts anticipate that Petroquest Energy will post -0.65 earnings per share for the current fiscal year.
Several research firms have recently weighed in on PQ. ValuEngine cut shares of Petroquest Energy from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Roth Capital set a $5.00 price objective on shares of Petroquest Energy and gave the stock a “buy” rating in a research report on Monday, July 31st. Finally, Zacks Investment Research upgraded shares of Petroquest Energy from a “hold” rating to a “buy” rating and set a $2.50 price objective for the company in a research report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $3.17.
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Petroquest Energy Company Profile
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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