Stone Energy Company Profile (NYSE:SGY)

About Stone Energy (NYSE:SGY)

Stone Energy logoStone 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. Its estimated proved oil and natural gas reserves are over 60 million barrels of oil equivalents (MMBoe) or 340 billion cubic feet equivalent (Bcfe). Over 95 MMBoe or 570 Bcfe of its estimated proved reserves are revised downward. It has made investments in seismic data and leasehold interests, and has geological, geophysical, engineering and operational operations in deep water arena to evaluate potential exploration, development and acquisition opportunities. It holds over two deep water platforms, producing reserves and various leases.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:SGY
  • CUSIP: 86164210
  • Web: www.stoneenergy.com
Capitalization:
  • Market Cap: $453.38 million
  • Outstanding Shares: 19,999,000
Average Prices:
  • 50 Day Moving Avg: $21.23
  • 200 Day Moving Avg: $30.58
  • 52 Week Range: $16.50 - $32.39
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 283.38
  • P/E Growth: 5.33
Sales & Book Value:
  • Annual Revenue: $382.17 million
  • Price / Sales: 1.19
  • Book Value: $14.78 per share
  • Price / Book: 1.53
Profitability:
  • EBIDTA: $194.01 million
  • Net Margins: -211.47%
  • Return on Assets: -8.92%
Debt:
  • Debt-to-Equity Ratio: -2.16%
  • Current Ratio: 0.62%
  • Quick Ratio: 0.62%
Misc:
  • Average Volume: 199,313 shs.
  • Beta: 1.62
  • Short Ratio: 1.45
 

Frequently Asked Questions for Stone Energy (NYSE:SGY)

What is Stone Energy's stock symbol?

Stone Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "SGY."

How were Stone Energy's earnings last quarter?

Stone Energy Co. (NYSE:SGY) posted its earnings results on Thursday, February, 23rd. The company reported ($4.88) earnings per share for the quarter, topping the Zacks' consensus estimate of ($6.65) by $1.77. The firm had revenue of $113.11 million for the quarter, compared to the consensus estimate of $92 million. View Stone Energy's Earnings History.

Where is Stone Energy's stock going? Where will Stone Energy's stock price be in 2017?

6 brokerages have issued twelve-month price targets for Stone Energy's stock. Their forecasts range from $3.00 to $17.00. On average, they anticipate Stone Energy's stock price to reach $9.00 in the next year. View Analyst Ratings for Stone Energy.

What are analysts saying about Stone Energy stock?

Here are some recent quotes from research analysts about Stone Energy stock:

  • 1. According to Zacks Investment Research, "Despite Stone Energy’s underperformance against the Zacks Oil and Gas – U.S Exploration and Production industry over the last three month, the company posted higher production during the latest quarter on an annual basis. Stone Energy has a multi-year inventory of drilling prospects, and is working on a strategy to fund its growth areas in Appalachia, the Rockies and the Deep Gas/Deepwater in the conventional shelf. It is actively engaged in horizontal well drilling in the Marcellus Shale and involved in various vertical tests in the Bakken Shale play. Consequently, we think Stone Energy offers substantial upside potential from the current price levels and view it as an attractive investment." (4/12/2017)
  • 2. National Securities analysts commented, "What Happened:
    • Stone emerged from bankruptcy on February 28, removing $1.2 billion in liabilities from its balance sheet.
    • Former holders of the 2017 and 2022 notes, will receive 19 million shares, representing 95% of the newly organized common shares.
    • Stone will maintain its listing on the NYSE, and will trade under the same SGY ticker symbol.
    • In 4Q16, SGY entered into a purchase and sale agreement with TH Exploration, to dispose of its Appalachian assets in exchange for $360 million in cash. We expect the sale to close on Feb 28, 2017, at which point SGY will no longer have assets or operations in the region.
    • Stone produced 43.7 thousand barrels of oil equivalent per day (Mboe/d), near the upper band of company guidance. Additionally the company saw a 7% reduction to its base of proved reserves
    Our Take:
    • In all candor, Stone’s emergence from bankruptcy significantly improves its balance sheet, putting upward pressure on share prices, and providing investors with an admittedly compelling value prospect at current levels. Indeed, given the downward revision in reserves, coupled with expectations for lower production, our knee jerk reaction would be to remain neutral on company shares. Still, the reduction of over $1 billion in debt cannot be ignored, and solves what has been Stone’s biggest pain point in recent years.
    • In addition to positively impacting the balance sheet, the reduction in debt levels will also reduce Stone’s interest expense burden. By our own model, we project a decline in quarterly interest to $5 million, from $14.6 in 4Q16.
    • The sale of its Appalachian assets will likely have a sharp negative impact on production volumes. We note that in 4Q16, production from Stone’s Appalachian assets was approximately 128 Million cubic feet per day (Mmcfe/d), or approximately 21 Mboe/d when converted to oil equivalents. To that end, we expect both Stone’s production volumes and production mix to change, moving forward. Specifically, our 2017 model estimates 24 Mboe/d in the second quarter down 45% from the 43.7 Mboe/d Stone produced in 4Q16. Moreover, where we have traditionally viewed Stone as having a balanced production mix between oil natural gas, and natural gas liquids (NGL’s), we now view the company as having a significantly larger oil blend, modeling 65% moving forward.
    • We actually contend that this is a beneficial time for Stone in regards to a shift in production mix, as oil prices have begun to strengthen within the last quarter. Additionally, investors should note that Stone produces oil that receives Light Louisiana Sweet (LLS) pricing, which traditionally trades at a premium to benchmark WTI.
    • The sale of its Appalachian assets will impact production but is likely to have a smaller impact on Stone’s reserve base. While the sale of assets generally leads to declines in proved reserves, we note that Stone already received a negative revision in 2015 on the aforementioned asset. To that end, we view the decline from 57 Mmboe to 53 Mmboe as relatively mild.
    • At this time, we are raising our price target on Stone to $10 (from 6), while upgrading its shares to BUY. Given the aforementioned developments we contend that Stone has value at current levels. We expect that Stone’s share count will grow in the near future, and highlight that we are accounting for 20 million shares in 1Q17, versus 5.6 in 4Q16. We continue to evaluate Stone on the basis of reserves, production, and discretionary cash flow, while making adjustments for net debt. Our $10 price target equates to .76x our 2017 discretionary cash flow per share (DCF) estimate of $13.10
    " (2/28/2017)

Who are some of Stone Energy's key competitors?

Who owns Stone Energy stock?

Stone Energy's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include MACKAY SHIELDS LLC (19.74%), Mackay Shields LLC (399.66%), Paloma Partners Management Co (56.94%), Credit Suisse AG (54.03%), Ameriprise Financial Inc. (19.75%) and GeoSphere Capital Management (19.47%). Company insiders that own Stone Energy stock include John J Leonard, Kay G Priestly, Kenneth H Beer and Robert S Murley. View Institutional Ownership Trends for Stone Energy.

Who sold Stone Energy stock? Who is selling Stone Energy stock?

Stone Energy's stock was sold by a variety of institutional investors in the last quarter, including KCG Holdings Inc. and Dynamic Capital Management Ltd. Company insiders that have sold Stone Energy stock in the last year include John J Leonard, Kay G Priestly, Kenneth H Beer and Robert S Murley. View Insider Buying and Selling for Stone Energy.

Who bought Stone Energy stock? Who is buying Stone Energy stock?

Stone Energy's stock was acquired by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Paloma Partners Management Co, Credit Suisse AG, Ameriprise Financial Inc., GeoSphere Capital Management, Snow Capital Management LP, Sei Investments Co. and SG Americas Securities LLC. View Insider Buying and Selling for Stone Energy.

How do I buy Stone Energy stock?

Shares of Stone Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Stone Energy stock cost?

One share of Stone Energy stock can currently be purchased for approximately $22.67.

Analyst Ratings

Consensus Ratings for Stone Energy (NYSE:SGY) (?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $9.00 (60.30% downside)

Analysts' Ratings History for Stone Energy (NYSE:SGY)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/18/2017ValuEngineUpgradeStrong Sell -> SellLowView Rating Details
3/1/2017Capital One Financial Corp.UpgradeUnderweight -> Equal WeightN/AView Rating Details
2/28/2017National SecuritiesUpgradeNeutral -> Buy$6.00 -> $10.00N/AView Rating Details
10/17/2016Barclays PLCDowngradeEqual Weight -> Underweight$3.00N/AView Rating Details
6/30/2016Howard WeilBoost Price TargetSector Perform$17.00N/AView Rating Details
6/1/2016Imperial CapitalLower Price TargetOutperform$8.00 -> $6.00N/AView Rating Details
6/1/2016FBR & CoDowngradeOutperform -> Mkt PerformN/AView Rating Details
4/18/2016Johnson RiceDowngradeBuy -> HoldN/AView Rating Details
3/11/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$2.00N/AView Rating Details
3/11/2016SimmonsDowngradeNeutral -> Underweight$2.00N/AView Rating Details
2/12/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralN/AView Rating Details
1/25/2016Tudor PickeringDowngradeSellN/AView Rating Details
1/19/2016KLR GroupLower Price Target$9.00 -> $5.00N/AView Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$7.50 -> $3.00N/AView Rating Details
12/22/2015ScotiabankReiterated RatingSector Perform$6.00 -> $5.00N/AView Rating Details
11/11/2015Canaccord GenuityReiterated RatingBuy$3.50N/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Stone Energy (NYSE:SGY)
Earnings by Quarter for Stone Energy (NYSE:SGY)
Earnings History by Quarter for Stone Energy (NYSE:SGY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017Q4($6.65)($4.88)$92.00 million$113.11 millionViewN/AView Earnings Details
11/7/2016Q3($6.67)($7.40)$32.17 million$94.43 millionViewN/AView Earnings Details
8/2/2016Q2($6.42)($7.45)$79.01 million$89.32 millionViewN/AView Earnings Details
5/4/2016Q1($0.76)($0.79)$72.52 million$80.68 millionViewN/AView Earnings Details
2/22/2016Q415$0.08$0.04$109.64 million$110.50 millionViewListenView Earnings Details
11/2/2015Q3($0.09)($0.15)$128.15 million$132.20 millionViewListenView Earnings Details
8/5/2015Q2($0.10)($0.17)$149.02 million$149.50 millionViewListenView Earnings Details
5/4/2015Q1($0.19)($0.23)$167.43 million$153.50 millionViewListenView Earnings Details
2/24/2015Q4($0.09)($3.47)$175.92 million$184.78 millionViewListenView Earnings Details
11/4/2014Q3$0.07($0.54)$179.12 million$183.20 millionViewListenView Earnings Details
8/5/2014Q2$0.39$0.08$221.53 million$204.96 millionViewListenView Earnings Details
5/5/2014Q114$0.39$0.52$218.26 million$223.80 millionViewListenView Earnings Details
2/24/2014Q413$0.57$0.56$245.50 million$239.25 millionViewListenView Earnings Details
11/5/2013Q313$0.76$0.72$248.52 million$256.68 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.68$0.78$222.89 million$245.90 millionViewListenView Earnings Details
5/6/2013Q1 2013$0.72$0.82$223.29 million$232.90 millionViewListenView Earnings Details
2/25/2013Q4 2012$0.55$0.89$240.62 million$254.90 millionViewListenView Earnings Details
11/6/2012Q312$0.57$0.48$219.42 million$226.72 millionViewN/AView Earnings Details
8/1/2012$0.84$0.62ViewN/AView Earnings Details
5/7/2012$1.01$1.03ViewN/AView Earnings Details
2/22/2012$0.77$0.93ViewN/AView Earnings Details
11/1/2011$0.82$1.06ViewN/AView Earnings Details
8/2/2011$0.96$1.17ViewN/AView Earnings Details
2/23/2011$0.45$0.49ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Stone Energy (NYSE:SGY)
2017 EPS Consensus Estimate: ($10.51)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($5.81)($0.04)($2.98)
Q2 20173($5.82)($0.04)($2.83)
Q3 20173($5.55)$0.06($2.52)
Q4 20173($5.10)$0.04($2.17)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Stone Energy (NYSE:SGY)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Stone Energy (NYSE:SGY)
Insider Ownership Percentage: 3.50%
Institutional Ownership Percentage: 28.40%
Insider Trades by Quarter for Stone Energy (NYSE:SGY)
Institutional Ownership by Quarter for Stone Energy (NYSE:SGY)
Insider Trades by Quarter for Stone Energy (NYSE:SGY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/7/2017John J LeonardVPSell814$21.11$17,183.54View SEC Filing  
12/30/2016Robert S. MurleyDirectorSell4,027$7.21$29,034.67View SEC Filing  
12/23/2016Kay G PriestlyDirectorSell520$8.71$4,529.20View SEC Filing  
12/22/2016Kenneth H. BeerCFOSell4,000$9.70$38,800.00View SEC Filing  
3/31/2015David H WelchCEOSell11,000$14.64$161,040.00View SEC Filing  
11/6/2014Kevin G HurstVPSell3,000$22.00$66,000.00View SEC Filing  
3/11/2014Phyllis TaylorDirectorBuy7,000$34.51$241,570.00View SEC Filing  
5/28/2013Kevin G HurstVPSell1,000$23.19$23,190.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Stone Energy (NYSE:SGY)
Latest Headlines for Stone Energy (NYSE:SGY)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Stone Energy Corp. : May 18, 2017
finance.yahoo.com - May 19 at 10:02 AM
americanbankingnews.com logoStone Energy Co. (SGY) Upgraded by ValuEngine to "Sell"
www.americanbankingnews.com - May 18 at 3:28 PM
finance.yahoo.com logoStone Energy Corp. :SGY-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 7:44 PM
finance.yahoo.com logoTraders Focus on the API and EIA’s Crude Oil Inventories
finance.yahoo.com - May 17 at 7:52 AM
finance.yahoo.com logoOversupply Concerns: API and EIA’s Crude Oil Inventories
finance.yahoo.com - May 10 at 10:53 AM
finance.yahoo.com logoStone Energy Corporation Announces Results for the Three Months Ended March 31, 2017
finance.yahoo.com - May 8 at 7:17 PM
americanbankingnews.com logoStone Energy Co. (SGY) Expected to Announce Earnings of -$17.58 Per Share
www.americanbankingnews.com - May 8 at 6:24 PM
americanbankingnews.com logoStone Energy (SGY) Given News Sentiment Score of 0.09
www.americanbankingnews.com - May 6 at 12:07 AM
americanbankingnews.com logoFavorable News Coverage Somewhat Likely to Impact Stone Energy (SGY) Share Price
www.americanbankingnews.com - May 3 at 1:01 AM
americanbankingnews.com logoStone Energy Co. (SGY) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 1 at 11:12 PM
streetinsider.com logoStone Energy (SGY) Says CEO David Welch to Retire; Jim Trimble ... - StreetInsider.com
www.streetinsider.com - April 29 at 2:08 AM
seekingalpha.com logoStone Energy says CEO Welch to retire
seekingalpha.com - April 28 at 9:08 PM
streetinsider.com logoStone Energy (SGY) Says CEO David Welch to Retire; Jim Trimble Elected Interim CEO
www.streetinsider.com - April 28 at 9:08 PM
finance.yahoo.com logoDavid Welch to Retire, Jim Trimble Elected Interim Chief Executive Officer and President of Stone Energy Corporation
finance.yahoo.com - April 28 at 9:08 PM
americanbankingnews.com logoFavorable News Coverage Somewhat Unlikely to Affect Stone Energy (SGY) Stock Price
www.americanbankingnews.com - April 28 at 12:38 AM
americanbankingnews.com logoStone Energy (SGY) Given Daily Media Sentiment Score of 0.29
www.americanbankingnews.com - April 24 at 7:31 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact Stone Energy (SGY) Share Price
www.americanbankingnews.com - April 21 at 11:50 PM
finance.yahoo.com logoUS Refinery Demand Is near Record Levels
finance.yahoo.com - April 20 at 7:53 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Impact Stone Energy (SGY) Share Price
www.americanbankingnews.com - April 18 at 8:31 PM
americanbankingnews.com logo-$17.58 EPS Expected for Stone Energy Co. (SGY) This Quarter
www.americanbankingnews.com - April 17 at 8:18 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Likely to Effect Stone Energy (SGY) Stock Price
www.americanbankingnews.com - April 14 at 9:53 PM
seekingalpha.com logoStone Energy hires advisor to explore strategic alternatives
seekingalpha.com - April 12 at 11:12 PM
americanbankingnews.com logoStone Energy Co. (SGY) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - April 12 at 12:44 PM
finance.yahoo.com logoStone Energy Corporation Retains Petrie Partners to Assist with Assessment of Strategic Direction
finance.yahoo.com - April 11 at 7:33 PM
fool.com logoThese 4 Oil Stocks Cratered in March
www.fool.com - April 10 at 12:43 PM
americanbankingnews.com logoStone Energy Co. (SGY) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 4 at 8:28 PM
americanbankingnews.com logoShort Interest in Stone Energy Co. (SGY) Drops By 76.9%
www.americanbankingnews.com - March 31 at 10:10 AM
nasdaq.com logoWhy Is Stone Energy (SGY) Down 40.8% Since the Last Earnings Report? - Nasdaq
www.nasdaq.com - March 29 at 8:24 AM
us.rd.yahoo.com logoStone Energy Corporation Announces Upcoming Attendance at the Scotia Howard Weil Energy Conference
us.rd.yahoo.com - March 27 at 7:00 PM
finance.yahoo.com logoWhy Is Stone Energy (SGY) Down 40.8% Since the Last Earnings Report?
finance.yahoo.com - March 27 at 9:14 AM
seekingalpha.com logoPotential Short Opportunity In Recently Bankrupt Stone Energy Corporation
seekingalpha.com - March 21 at 10:19 AM
us.rd.yahoo.com logoStone Energy Corporation Announces Listing Of Warrants On NYSE MKT Under Ticker "SGYWS"
us.rd.yahoo.com - March 10 at 12:47 AM
americanbankingnews.com logoStone Energy Corporation (SGY) Receives Average Rating of “Hold” from Brokerages
www.americanbankingnews.com - March 8 at 3:48 PM
seekingalpha.com logoStone Energy Corp (SGY)
seekingalpha.com - March 8 at 12:39 AM
bizjournals.com logoIndependent Oil & Gas Stocks Under Scanner -- California Resources, Stone Energy, Matador Resources, and Carrizo Oil & Gas
www.bizjournals.com - March 7 at 9:13 AM
us.rd.yahoo.com logoStone Energy Corporation Announces the Recordation of Second Lien Mortgages
us.rd.yahoo.com - March 6 at 7:04 PM
biz.yahoo.com logoSTONE ENERGY CORP Files SEC form 8-K/A, Financial Statements and Exhibits
biz.yahoo.com - March 3 at 7:50 PM
benzinga.com logo20 Biggest Mid-Day Gainers For Wednesday - Benzinga
www.benzinga.com - March 3 at 8:04 AM
finance.yahoo.com logoMarkets Soar to Record Highs after President Trump's Speech: Today's Reports on Stone Energy and Weight Watchers International
finance.yahoo.com - March 2 at 7:54 PM
benzinga.com logoStone Energy The Latest Low-Float, Heavily-Shorted Stock To Blow The Roof Off The Market
www.benzinga.com - March 1 at 8:05 PM
us.rd.yahoo.com logoStone Energy upgraded by National Securities and CapitalOne
us.rd.yahoo.com - March 1 at 8:05 PM
finance.yahoo.com logoSTONE ENERGY CORP Financials
finance.yahoo.com - March 1 at 8:05 PM
biz.yahoo.com logoSTONE ENERGY CORP Files SEC form 8-K/A, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - March 1 at 9:57 AM
biz.yahoo.com logoSTONE ENERGY CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Definitiv
us.rd.yahoo.com - March 1 at 9:57 AM
streetinsider.com logoStone Energy (SGY) Announces Emergence from Bankruptcy
www.streetinsider.com - February 28 at 7:27 PM
us.rd.yahoo.com logoStone Energy Corporation Announces Successful Completion of Financial Restructuring and Emergence from Bankruptcy
us.rd.yahoo.com - February 28 at 7:27 PM
biz.yahoo.com logoSTONE ENERGY CORP Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acquisition or Di
biz.yahoo.com - February 27 at 4:35 PM
finance.yahoo.com logoStone Energy Corporation Announces Close of Sale of Appalachia Properties
finance.yahoo.com - February 27 at 4:35 PM
finance.yahoo.com logoStone Energy (SGY) Incurs Wider-than-Expected Loss in Q4
finance.yahoo.com - February 27 at 9:16 AM
streetinsider.com logoStone Energy (SGY) Reports Emergence from Chapter 11 Reorganization; New Shares to Trade Under Same Ticker
www.streetinsider.com - February 26 at 11:31 AM

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Chart

Stone Energy (SGY) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff