Company Profile For Stone Energy Corporation
Stone Energy Corporation (SGY.N) (New York Stock Exchange)
sector: Energy ·
industry: Oil & Gas Exploration & Production ·
Overview
Stone Energy Corporation (Stone Energy), is an independent oil and natural gas company engaged in the acquisition and subsequent exploration, development, and operation of oil and gas properties located primarily in the Gulf of Mexico (GOM). The Company also has operations in the Appalachia region. On August 28, 2008, the Company completed the acquisition of Bois d’Arc Energy, Inc. (Bois d’Arc). As of February 23, 2009, it has secured leasehold interests in approximately 24,000 net acres and has two wells which are on production.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Stone Energy Corporation's revenues decreased 19% to $515.1M. Net loss totaled $147.6M vs. an income of $179.2M. Revenues reflect decreased earnings from oil production and gas production. Net loss reflects an increase in lease operating expenses, a significant increase in write-down of oil & gas properties expense, a rise in interest expense and the presence of inventory impairment.
Company Address
Stone Energy Corporation
625 East Kaliste Saloom Road
Lafayette LA 70508
P: +1337.2370410
F: +1318.2370426
625 East Kaliste Saloom Road
Lafayette LA 70508
P: +1337.2370410
F: +1318.2370426
Total Employees
291
Find Out More About SGY.N
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 76.83 | -0.21% | 11/27 08:07 IST |
| Gold | 1188.5 | -0.36% | 11/27 07:46 IST |
