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Petroquest Energy Inc (NYSE:PQ) has been downgraded to Equal Weight in a statement by Capital One Financial Corporation earlier today.

Boasting a price of $1.98, Petroquest Energy Inc (NYSE:PQ) traded 1.44% higher on the day. With the last stock price close down -9.33% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Petroquest Energy Inc has recorded a 50-day average of $1.93 and a two hundred day average of $2.33. Volume of trade was down over the average, with 49,611 shares of PQ changing hands under the typical 71,314

Capital One Financial Corporation has downgraded Petroquest Energy Inc (NYSE:PQ) to Equal Weight in a statement released on Wednesday June 21, 2017.

Performance Chart

Petroquest Energy Inc (NYSE:PQ)

With a total market value of $0, Petroquest Energy Inc has with a one year low of $1.66 and a one year high of $4.75 .

A total of 6 equity analysts have released a ratings update on PQ. zero equity analysts rating the company a strong buy, four equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $1.27.

Brief Synopsis About Petroquest Energy Inc (NYSE:PQ)

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. Its annual production from East Texas area is approximately 114.1 billions of cubic feet equivalent (Bcfe); Gulf Coast Basin is over 43.9 Bcfe, and Oklahoma Woodford is approximately 20.0 Bcfe. The net production from its East Texas assets averages over 30.4 millions of cubic feet equivalent (MMcfe) per day. Production from Gulf Coast Basin area totals approximately 37.8 MMcfe per day. The average daily production from its Oklahoma-Woodford properties totals over 25 MMcfe per day. The Company sells its oil and natural gas production under fixed or floating market contracts.

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