Stone Energy (SGY) Getting Somewhat Favorable News Coverage, Analysis Finds
Media coverage about Stone Energy (NYSE:SGY) has trended somewhat positive on Monday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Stone Energy earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news coverage about the oil and natural gas company an impact score of 44.7310702522398 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several research firms have recently weighed in on SGY. Zacks Investment Research raised shares of Stone Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. BMO Capital Markets reissued a “buy” rating and issued a $2.75 target price on shares of Stone Energy in a research report on Wednesday, November 15th. National Securities downgraded shares of Stone Energy from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 28th. Scotiabank reissued a “hold” rating and issued a $2.50 target price on shares of Stone Energy in a research report on Tuesday, October 10th. Finally, ValuEngine raised shares of Stone Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Stone Energy has an average rating of “Hold” and an average price target of $4.63.
Shares of Stone Energy (NYSE:SGY) traded up $0.07 on Monday, reaching $25.46. 419,600 shares of the company were exchanged, compared to its average volume of 219,897. Stone Energy has a 52-week low of $16.50 and a 52-week high of $49.96. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.81.
Stone Energy (NYSE:SGY) last announced its quarterly earnings data on Wednesday, November 1st. The oil and natural gas company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.31) by $0.37. Stone Energy had a net margin of 68.43% and a return on equity of 590.23%. The firm had revenue of $79.53 million for the quarter. During the same period in the previous year, the firm posted ($0.02) earnings per share. equities research analysts predict that Stone Energy will post -1.17 EPS for the current year.
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.
Receive News & Ratings for Stone Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stone Energy and related companies with MarketBeat.com's FREE daily email newsletter.