- Insider Monkey•11 hours ago
It’s another calm day on Wall Street as the NASDAQ index is slightly in the green and the Dow Jois down by just half a percent. While the broader markets may be calm, shares of five stocks, Stone Energy Corporation (NYSE:SGY), Skechers USA Inc (NYSE:SKX), Twilio Inc (NYSE:TWLO), La-Z-Boy Incorporated (NYSE:LZB), and Supreme Industries, Inc. (NYSEMKT:STS), are deep […]
- MarketWatch•16 hours ago
Shares of Stone Energy Corp. lost half their value in premarket trade Friday, after the oil and gas company announced a restructuring support agreement (RSA) with certain convertible note holders as the ...
- PR Newswire•yesterdaySTONE ENERGY CORPORATION Announces Entry into Comprehensive Restructuring Support Agreement With Senior Noteholders; Agrees to Sell Appalachia Assets to an affiliate of Tug Hill, Inc.
As previously disclosed, Stone Energy Corporation ("Stone") has been involved in discussions with certain of its stakeholders in respect of a possible restructuring of the indebtedness and capitalization of Stone and certain of its subsidiaries (collectively, the "Company"). On October 20, 2016, the Company entered into a restructuring support agreement (the "RSA") with certain (i) holders of the Company's 1¾% Senior Convertible Notes due 2017 (the "Convertible Notes") and (ii) holders of the Company's 7½% Senior Notes due 2022 (together with the Convertible Notes, the "Notes" and the holders thereof, the "Noteholders"), to support a restructuring on the terms of a pre-packaged plan of reorganization as described therein (the "Plan").
Stone Energy Corp. (SGY)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||6.07 x 600|
|Ask||6.20 x 4600|
|Day's Range||4.81 - 7.45|
|52wk Range||2.70 - 78.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-0.04|
|Avg Vol (3m)||996,407|
|Dividend & Yield||N/A (N/A)|