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Petroquest Energy's (PQ +4%) Q4 earnings rose 16% while revenues fell 12%, but both topped Wall...
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Tuesday, February 28, 2012, 2:56 PM ETPetroquest Energy's (PQ +4%) Q4 earnings rose 16% while revenues fell 12%, but both topped Wall Street estimates amid lower expenses for lease operating and interest, and a tax benefit. Sterne Agee believes news that PQ's JV with Next Era (NEE) will be expedited and that development plans at La Cantera are on track will be well received by investors.
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