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Stock Market & Financial Investment News

News Breaks
June 22, 2011
08:00 EDTFSTForest Oil upgraded to Buy from Hold at Stifel Nicolaus
Stifel Nicolaus upgraded Forest Oil based on valuation, and the firm's belief that increased Eagle Ford oil drilling will provide a catalyst for the stock in 2H11. Target $34.
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May 10, 2013
10:00 EDTFSTOn The Fly: Analyst Upgrade Summary
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07:18 EDTFSTForest Oil upgraded to Buy from Hold at Stifel
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May 6, 2013
17:22 EDTFSTForest Oil reports Q1 average net sales volume 243MMcfe/d
Forest's average net sales volumes for Q1 were 243 MMcfe/d, a decrease of 28% from the prior year period. Q1 average net sales volumes were lower as a result of the South Louisiana property sale that closed on November 16, 2012, the South Texas property sale that closed on February 15, and a decline in natural gas volumes as the company has deferred capital investment on its natural gas properties to focus on higher-margin oil opportunities.
17:21 EDTFSTForest Oil reports Q1 adjusted EPS 3c, consensus 2c
Reports Q1 revenue $118.2M, consensus $131.75M.

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