Stone Energy (SGY) Set to Announce Earnings on Wednesday

Stone Energy (NYSE:SGY) is scheduled to post its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect Stone Energy to post earnings of $0.01 per share for the quarter.

Stone Energy (NYSE:SGY) opened at $31.52 on Tuesday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.81. Stone Energy has a 52 week low of $16.50 and a 52 week high of $39.70.

A number of equities analysts have commented on the stock. ValuEngine downgraded shares of Stone Energy from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Zacks Investment Research raised shares of Stone Energy from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Friday, January 19th. Canaccord Genuity reaffirmed a “buy” rating and set a $3.25 target price on shares of Stone Energy in a research note on Thursday, December 14th. BMO Capital Markets reaffirmed a “buy” rating and set a $2.75 target price on shares of Stone Energy in a research note on Wednesday, November 15th. Finally, National Securities downgraded shares of Stone Energy from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average 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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