Seeking Alpha

PetroQuest Energy (PQ +1.9%) is upgraded to Buy from Accumulate at Global Hunter, finding shares...

PetroQuest Energy (PQ +1.9%) is upgraded to Buy from Accumulate at Global Hunter, finding shares attractive after yesterday's downward move. While PQ increased planned 2012 capex by $20M to a range of $130M-$135M, it did so to reflect an asset sales unlikely to close by year end, not in order to spend more money in Q4.
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