PetroQuest Energy Corp. (NYSE:PQ) is a small-cap ($340 million) independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in East Texas, Oklahoma, South Louisiana and the shallow waters of the Gulf of Mexico. The company's strategy is to use the cash flow generated from its Gulf Coast assets (which require minimal cap-ex) to develop its high return onshore assets - in particularly its liquids rich acreage in the Woodford shale in Oklahoma. The company also has upside in the Cotton Valley play of East Texas. The strategy to focus on higher IRR onshore production and increased production of liquids will lead to better profitability, increased proved reserves, and ultimately a...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|