Stone Energy (SGY) to Release Quarterly Earnings on Wednesday

Stone Energy (NYSE:SGY) will issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

Stone Energy (SGY) opened at $31.32 on Wednesday. Stone Energy has a 12 month low of $16.50 and a 12 month high of $39.70. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.81.

SGY has been the topic of several research analyst reports. BMO Capital Markets reissued a “buy” rating and set a $2.75 target price on shares of Stone Energy in a research note on Wednesday, November 15th. Zacks Investment Research raised shares of Stone Energy from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research note on Wednesday, December 20th. ValuEngine raised shares of Stone Energy from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 31st. National Securities lowered shares of Stone Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 28th. Finally, Canaccord Genuity reissued a “buy” rating and set a $3.25 target price on shares of Stone Energy in a research note on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $12.10.

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Stone Energy Company Profile

Stone Energy Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. The Company operates in the Gulf of Mexico (GOM) basin. It has leveraged its operations in the GOM conventional shelf and has its reserve base in the prolific basins of the GOM deep water, Gulf Coast deep gas, and the Marcellus and Utica shales in Appalachia.

Earnings History for Stone Energy (NYSE:SGY)

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