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QES - Schlumberger Baker Hughes top E&P picks at BAML; three downgraded
Quintana Energy Services Inc.
BofA Merrill Lynch downgrades three names across the E&P space - Nabors Industries (NBR-0.6%), Nine Energy Services (NINE+1.2%) and Quintana Energy Services (QES+0.7%) - to Neutral from Buy, with NBR and NINE having uncomfortably high debt given growing uncertainties.
More news on: Nabors Industries Ltd., Nine Energy Service, Inc., Quintana Energy Services Inc., Energy stocks news,