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Stock Market & Financial Investment News

News Breaks
August 6, 2014
14:33 EDTSGYStone Energy price target lowered to $52 from $57 at Brean Capital
Brean Capital cut its price target on Stone Energy based on expectations of softer future realized commodity prices for Stone following its weaker than expected Q2 results. However, the firm keeps a Buy rating on the stock based on valuation and its belief that the company will have a number of production growth catalysts in 2015 and 2016.
News For SGY From The Last 14 Days
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February 24, 2015
16:37 EDTSGYStone Energy reports Q4 EPS adjusted EPS 7c, consensus (9c)
Reports Q4 revenue $184.8M, consensus $176.46M. Net daily production volumes for Q4 averaged 42 MBoe per day, compared with net daily production of 50 MBoe per day in Q4 of 2013. Average daily production for Q1 is expected to be 45-46 MBoe per day. Production guidance for the full year 2015 is 39-43 MBoe, with approximately 47% projected as natural gas.

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