Quintana Energy Services Inc Gets a Buy Rating from Barclays


Barclays analyst David Anderson maintained a Buy rating on Quintana Energy Services Inc (NYSE: QES) yesterday and set a price target of $11. The company’s shares closed yesterday at $9.30.

According to TipRanks.com, Anderson is a 1-star analyst with an average return of -0.9% and a 44.5% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Ranger Energy Services Inc, Oceaneering International, and Mammoth Energy Services.

Quintana Energy Services Inc has an analyst consensus of Strong Buy, with a price target consensus of $12.50.

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Based on Quintana Energy Services Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $14.81 million. In comparison, last year the company had a GAAP net loss of $11.67 million.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QES in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Quintana Energy Services, Inc. engages in the provision of diversified oilfield services to onshore oil and natural exploration and production companies. It operates through the following business segments: Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services.

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