Iberia Capital Upgrades PetroQuest (PQ) to Outperform
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PetroQuest Energy (PQ) to Sell either Woodford Shale or Mississippian Lime for $280M; Sterne Agee CRT Remains Neutral
June 8, 2015 8:49 AM EDTSterne Agee CRT maintains a Neutral rating on PetroQuest (NYSE: PQ) following its announcement to sell either its Woodford Shale or Mississippian Lime exposure, for $280 million. Analyst Tim Rezvan said that the sale will cut PQ's production by one-third, but will save the balance sheet.
Rezvan Commented, PetroQuest announced Friday it was selling one of its two repeatable unconventional assets, its Woodford Shale/Mississippian Lime exposure, for $280... More
Raymond James Upgrades PetroQuest (PQ) to Outperform
June 8, 2015 7:47 AM EDTRaymond James upgraded PetroQuest (NYSE: PQ) from Market Perform to Outperform with a price target of $3.00.
For an analyst ratings summary and ratings history on PetroQuest click here. For more ratings news on PetroQuest click here.
Shares of PetroQuest closed at $1.88 yesterday.
... More