PetroQuest Energy (PQ) Misses Q3 EPS by 61c
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Imperial Capital Reiterates In-Line Rating on PetroQuest Energy (PQ) Following In-Line EPS
November 4, 2015 8:45 AM ESTImperial Capital maintained an In-Line rating on PetroQuest (NYSE: PQ), and cut the price target to $1.40 (from $1.50), following the company's 3Q15 earnings report. The company reported adjusted EPS of ($0.19), which matched the consensus. The firms production volumes of 13.4mboe/d also beat the high-end of the previously issued guidance of 13.5mboe/d.
Analyst Kim Pacanovsky commented, "We are... More
