36.51 0.00 (0.00%)
After hours: 4:59PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.20 - 37.13|
|52 Week Range||16.76 - 40.16|
|PE Ratio (TTM)||1.70|
|Earnings Date||May 7, 2018 - May 11, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.00|
LAFAYETTE, La., April 24, 2018 /PRNewswire/ -- Stone Energy Corporation (SGY) ("Stone" or the "Company") today announced that the Derbio exploration well (Mississippi Canyon Block 72 #3 well) reached total depth and encountered reservoir-quality sands in the targeted objective that did not contain commercial saturations of hydrocarbons. The partners are now evaluating the possible development of the Rampart Deep well as a single-well tieback. Working interest partners in the Derbio prospect are Stone with 40%, Deep Gulf Energy III, LLC with 30%, and two entities managed by Ridgewood Energy Corporation, Ridgewood Rampart, LLC and ILX Prospect Rampart, LLC, each owning 15%. Certain statements in this press release are forward-looking and are based upon Stone's current belief as to the outcome and timing of future events.
NEW YORK, April 24, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
In this part, we’ll discuss Stone Energy (SGY)—the final company in the top-five lineup of upstream companies with the highest forecast capex (capital expenditure) growth in 2018 compared to the levels in 2017. Stone Energy’s management forecast a capex of $212 million in 2018 compared to $154 million spent in 2017, which is ~38% growth. In November 2017, Stone Energy announced its decision to combine with Talos Energy LLC. Under the agreement terms, Talos Energy LLC and Stone Energy will both become wholly-owned subsidiaries of a new holding company, which will become a publicly traded entity. The combined company will be named “Talos Energy.” At closing, Talos shareholders will own 63% of the new combined company, while Stone Energy shareholders will own 37%.
Stone Energy (SGY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Stone Energy's (SGY) fourth-quarter 2017 earnings miss estimates on substantially higher salaries, general and administrative expenses, partially offset by higher oil and gas prices realizations.
On a per-share basis, the Lafayette, Louisiana-based company said it had net income of 85 cents. Earnings, adjusted for pretax gains, were 12 cents per share. The independent oil and gas company posted ...
LAFAYETTE, La. , March 12, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced financial and operational results for the fourth quarter ...
When Stone Energy Corporation’s (NYSE:SGY) announced its latest earnings (30 September 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarks I usedRead More...
NEW YORK, Feb. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of St. ...
LAFAYETTE, La. , Jan. 30, 2018 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced its estimated proved reserves, production volumes, and ...
Stone Energy (SGY) believes successful drilling will pave the way for incremental production, which in turn will drive cash flow.
LAFAYETTE, La., Jan. 10, 2018 /PRNewswire/ -- Stone Energy Corporation (SGY) today announced drilling success at the deep water Mt. Providence development well at Mississippi Canyon Block 28. Stone generated the prospect and owns a 100% working interest in the well. The Mt. Providence well (the MC 28 #4 well) encountered approximately 153 net feet of high quality, primarily oil pay in one Miocene interval with no visible water level, which exceeded pre-drill expectations. Completion operations on the Mt. Providence well will commence in the second quarter of 2018 with first production expected early in the third quarter of 2018. The well is expected to have an initial production rate of approximately 3,000 to 5,000 barrels of oil equivalent per day and will be tied back to the 100% Stone owned Pompano platform through existing subsea infrastructure.
The four-week average US gasoline demand rose by 190,000 bpd (barrels per day) to 9,224,000 bpd on December 15–22, 2017, according to the EIA.
US crude output increased by 167,000 bpd to 9.64 MMbpd in October 2017—compared to the previous month. It was the highest level since May 1971.