Stone Energy Corporation Company Profile (NYSE:SGY)

About Stone Energy Corporation (NYSE:SGY)

Stone Energy Corporation 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:
  • Market Cap: $574.57 million
  • Outstanding Shares: 19,999,000
Average Prices:
  • 50 Day Moving Avg: $27.69
  • 200 Day Moving Avg: $23.14
  • 52 Week Range: $16.50 - $70.97
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 718.25
  • P/E Growth: 5.20
Sales & Book Value:
  • Annual Revenue: $364.82 million
  • Price / Sales: 1.57
  • Book Value: $14.45 per share
  • Price / Book: 1.99
  • EBITDA: $201.9 million
  • Net Margins: 41.74%
  • Return on Equity: -215.45%
  • Return on Assets: 29.97%
  • Debt-to-Equity Ratio: 0.82%
  • Current Ratio: 2.41%
  • Quick Ratio: 2.41%
  • Average Volume: 193,805 shs.
  • Beta: 1.7
  • Short Ratio: 3.5

Frequently Asked Questions for Stone Energy Corporation (NYSE:SGY)

What is Stone Energy Corporation's stock symbol?

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

How were Stone Energy Corporation's earnings last quarter?

Stone Energy Corporation (NYSE:SGY) announced its quarterly earnings results on Monday, August, 7th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.09) by $0.42. The company had revenue of $76.72 million for the quarter. Stone Energy Corporation had a net margin of 41.74% and a negative return on equity of 215.45%. View Stone Energy Corporation's Earnings History.

When will Stone Energy Corporation make its next earnings announcement?

Stone Energy Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Stone Energy Corporation.

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

3 equities research analysts have issued 12 month target prices for Stone Energy Corporation's shares. Their forecasts range from $2.50 to $10.00. On average, they anticipate Stone Energy Corporation's stock price to reach $6.25 in the next year. View Analyst Ratings for Stone Energy Corporation.

What are analysts saying about Stone Energy Corporation stock?

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

  • 1. According to Zacks Investment Research, "Stone Energy underperformed the industry year to date. Lower oil and gas prices affected the results.  Moreover, the company is facing pressure on top line and has seen its total revenues decline at a CAGR of 31.2% over the past three years. Stone Energy had filed for relief under Chapter 11 of the Bankruptcy Code. The company's operations, business plans and its continuation as an entity will be subject to uncertainties related with bankruptcy. The company’s results are directly exposed to oil and gas prices, which are inherently volatile and subject to complex market forces. Given these headwinds, we see Stone Energy as a risky bet that ordinary investors should exit." (9/20/2017)
  • 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)

Are investors shorting Stone Energy Corporation?

Stone Energy Corporation saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,466,145 shares, an increase of 49.1% from the August 31st total of 983,295 shares. Based on an average daily volume of 261,561 shares, the short-interest ratio is presently 5.6 days. Currently, 7.4% of the shares of the company are short sold.

Who are some of Stone Energy Corporation's key competitors?

How do I buy Stone Energy Corporation stock?

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

What is Stone Energy Corporation's stock price today?

One share of Stone Energy Corporation stock can currently be purchased for approximately $28.73.

MarketBeat Community Rating for Stone Energy Corporation (NYSE SGY)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  238 (Vote Outperform)
Underperform Votes:  239 (Vote Underperform)
Total Votes:  477
MarketBeat's community ratings are surveys of what our community members think about Stone Energy Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Stone Energy Corporation (NYSE:SGY) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $6.25 (78.25% downside)
Consensus Price Target History for Stone Energy Corporation (NYSE:SGY)
Price Target History for Stone Energy Corporation (NYSE:SGY)
Analysts' Ratings History for Stone Energy Corporation (NYSE:SGY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/10/2017ScotiabankReiterated RatingHold$2.50N/AView Rating Details
3/1/2017Capital One Financial CorporationUpgradeUnderweight -> 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
11/11/2015Canaccord GenuityReiterated RatingBuy$3.50N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for Stone Energy Corporation (NYSE:SGY)
Earnings by Quarter for Stone Energy Corporation (NYSE:SGY)
Earnings History by Quarter for Stone Energy Corporation (NYSE SGY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.01N/AView Earnings Details
8/7/2017Q2 2017($0.09)$0.33$76.72 millionViewListenView Earnings Details
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)


Earnings Estimates for Stone Energy Corporation (NYSE:SGY)
2017 EPS Consensus Estimate: ($9.43)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($5.81)($0.04)($2.98)
Q2 20173($5.82)($0.04)($2.83)
Q3 20174($5.55)$0.06($1.95)
Q4 20174($5.10)$0.04($1.68)
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading and Institutional Ownership History for Stone Energy Corporation (NYSE:SGY)
Insider Ownership Percentage: 3.50%
Institutional Ownership Percentage: 96.28%
Insider Trades by Quarter for Stone Energy Corporation (NYSE:SGY)
Institutional Ownership by Quarter for Stone Energy Corporation (NYSE:SGY)
Insider Trades by Quarter for Stone Energy Corporation (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)


Headline Trends for Stone Energy Corporation (NYSE:SGY)
Latest Headlines for Stone Energy Corporation (NYSE:SGY)
DateHeadline logoUS Gasoline Demand Could Fall and Pressure Crude Oil Prices - October 12 at 4:04 PM logoKurdistan Referendum: Time to Buy Crude Oil Futures? - October 12 at 4:04 PM logoETFs with exposure to Stone Energy Corp. : October 11, 2017 - October 12 at 9:28 AM logoHead to Head Analysis: Stone Energy Corporation (SGY) and Atlas Resource Partners, L.P. (ARP) - October 9 at 6:28 PM logoAPI and EIA’s Crude Oil Inventories: Good News for Oil Bulls? - October 6 at 10:08 AM logoFinancial Comparison: Linn Energy (LINE) vs. Stone Energy Corporation (SGY) - October 5 at 4:50 PM logoStone Energy Corporation (SGY) Short Interest Update - October 3 at 3:32 AM logoBonanza Creek Energy (BCEI) versus Stone Energy Corporation (SGY) Financial Survey - September 30 at 8:20 PM logoStone Energy Corporation (SGY) Given Consensus Rating of "Hold" by Analysts - September 28 at 2:30 AM logoShort Interest in Stone Energy Corporation (SGY) Decreases By 38.2% - September 20 at 1:48 AM logoContrasting Stone Energy Corporation (SGY) & Warren Resources (WRES) - September 17 at 8:30 PM logoHead-To-Head Contrast: Midstates Petroleum (MPO) & Stone Energy Corporation (SGY) - September 17 at 2:50 PM logoStone Energy Corporation (SGY) versus Atlas Energy Group (ATLS) Head-To-Head Survey - September 16 at 2:30 AM logoBullish Two Hundred Day Moving Average Cross - SGY - September 15 at 8:48 AM logoCardinal Energy Group (CEGX) vs. Stone Energy Corporation (SGY) Head to Head Comparison - September 10 at 6:06 AM logoStone Energy's (SGY) Rampart Deep Well Sees Drilling Success - September 7 at 8:55 AM logoStone Energy's (SGY) Rampart Deep Well Sees Drilling Success - September 7 at 8:55 AM logoCapital One Financial Corporation Weighs in on Stone Energy Corporation's Q3 2017 Earnings (SGY) - September 7 at 6:57 AM logoWarren Resources (WRES) vs. Stone Energy Corporation (SGY) Financial Comparison - September 6 at 12:22 PM logoStone Energy Corporation Announces Rampart Deep Drilling Success - PR Newswire (press release) - September 6 at 8:16 AM logoStone Energy Corp. :SGY-US: Earnings Analysis: Q2, 2017 By the Numbers : September 4, 2017 - September 5 at 8:21 AM logoStone Energy Corporation Announces Rampart Deep Drilling Success - September 5 at 8:21 AM logoStone Energy Corporation (SGY) Receives Average Recommendation of "Hold" from Analysts - September 3 at 2:32 AM logoAnalyzing Atlas Energy Group (ATLS) and Stone Energy Corporation (SGY) - August 23 at 4:26 AM logoHow Supply Outages Affect Crude Oil Prices - August 17 at 7:31 AM logo Analysts Expect Stone Energy Corporation (NYSE:SGY) to Announce -$0.01 Earnings Per Share - August 11 at 4:44 PM logoQ3 2017 EPS Estimates for Stone Energy Corporation Increased by Analyst (NYSE:SGY) - August 11 at 11:40 AM logoCapital One Financial Corporation Analysts Reduce Earnings Estimates for Stone Energy Corporation (NYSE:SGY) - August 10 at 1:40 PM logoQ4 2017 Earnings Estimate for Stone Energy Corporation (NYSE:SGY) Issued By Capital One Financial Corporation - August 9 at 11:22 AM logoStone Energy Corporation (SGY) Receives Consensus Rating of "Hold" from Analysts - August 9 at 10:50 AM logoStone Energy Corporation Announces Second Quarter 2017 Results - PR Newswire (press release) - August 9 at 7:25 AM logoStone Energy's (SGY) CEO James Trimble on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha - August 9 at 7:25 AM logoEdited Transcript of SGY earnings conference call or presentation 8-Aug-17 2:00pm GMT - August 9 at 7:25 AM logoStone Energy Corporation Announces Second Quarter 2017 Results - August 7 at 9:07 PM logoStone Energy reports 2Q loss - August 7 at 9:07 PM logoStone Energy Corporation (NYSE:SGY) Announces Quarterly Earnings Results, Misses Expectations By $0.11 EPS - August 7 at 7:26 PM logoUS Crude Oil Production Hit a 16-Month High - August 7 at 3:35 PM logoAre Crude Oil Futures Trading Close to Resistance Level? - August 2 at 4:23 PM logoWill Crude Oil Inventories Pressure Oil Futures? - August 2 at 4:23 PM logoStone Energy Corp. breached its 50 day moving average in a Bullish Manner : SGY-US : July 31, 2017 - August 1 at 6:20 AM logoStone Energy Corp. – Value Analysis (NYSE:SGY) : July 31, 2017 - August 1 at 6:20 AM logoStone Energy Corporation (SGY) Scheduled to Post Earnings on Monday - July 31 at 7:32 AM logoStone Energy Corporation Schedules Second Quarter 2017 Earnings Release and Conference Call - July 26 at 7:20 AM logoUS Dollar Is near a 13-Month Low: What’s Next? - July 26 at 7:20 AM logoStone Energy Corporation Schedules Second Quarter 2017 Earnings Release and Conference Call - PR Newswire (press release) - July 25 at 6:40 AM logoStone Energy Corporation (NYSE:SGY) Short Interest Up 123.2% in June - July 19 at 7:19 AM logoStone Energy Corp. breached its 50 day moving average in a Bullish Manner : SGY-US : July 17, 2017 - July 17 at 12:35 PM logoIran’s Crude Oil Exports and Production: Crucial for Oil Prices - July 5 at 10:36 AM logoStone Energy starts Rampart Deep drilling, announces job cuts ... - Seeking Alpha - June 10 at 7:50 PM logoStone Energy (SGY) Initiates Drilling on Rampart Deep Prospect - - June 10 at 7:50 PM



Stone Energy Corporation (SGY) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.