Petroquest Energy (PQUE) Announces Earnings Results

Petroquest Energy (OTCMKTS:PQUE) issued its quarterly earnings results on Monday. The company reported ($0.19) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.19), Morningstar.com reports. The business had revenue of $20.83 million for the quarter, compared to analysts’ expectations of $20.60 million.

Shares of OTCMKTS PQUE remained flat at $$0.06 during midday trading on Tuesday. The stock had a trading volume of 23,194 shares, compared to its average volume of 45,243. The stock has a market capitalization of $1.54 million, a P/E ratio of -0.10 and a beta of 1.56. Petroquest Energy has a 1-year low of $0.03 and a 1-year high of $1.99.

PQUE has been the topic of a number of recent analyst reports. ValuEngine upgraded Petroquest Energy from a “sell” rating to a “hold” rating in a research report on Friday, August 24th. Zacks Investment Research upgraded Petroquest Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 4th. Finally, Seaport Global Securities restated a “neutral” rating on shares of Petroquest Energy in a research report on Wednesday, July 25th.

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Petroquest Energy Company Profile

PetroQuest Energy, Inc operates as an independent oil and gas company in Texas and Louisiana. The company acquires, explores for, develops, and operates oil and gas properties. As of December 31, 2017, it had estimated proved reserves of 1.8 million barrels of oil; 19.4 billion cubic feet equivalent of natural gas liquids; and 125.4 billion cubic feet of natural gas.

See Also: Diversification

Earnings History for Petroquest Energy (OTCMKTS:PQUE)

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