Media coverage about Stone Energy Corporation (NYSE:SGY) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Stone Energy Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media headlines about the oil and natural gas company an impact score of 46.4616208935569 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Stone Energy Corporation (NYSE:SGY) Sees Light Trading Volume with 1448 Shares Changing Hands – First News 24 (firstnewspaper24.com)
- US Gasoline Demand Could Fall and Pressure Crude Oil Prices (finance.yahoo.com)
- Kurdistan Referendum: Time to Buy Crude Oil Futures? (finance.yahoo.com)
- ETFs with exposure to Stone Energy Corp. : October 11, 2017 (finance.yahoo.com)
Several equities research analysts have weighed in on the stock. Scotiabank reiterated a “hold” rating and issued a $2.50 target price on shares of Stone Energy Corporation in a report on Tuesday, October 10th. Zacks Investment Research lowered shares of Stone Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Finally, BidaskClub upgraded shares of Stone Energy Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $6.25.
Stone Energy Corporation (NYSE SGY) traded up 1.52% during midday trading on Wednesday, reaching $28.73. 99,065 shares of the company’s stock traded hands. The firm’s market cap is $574.57 million. The stock’s 50 day moving average price is $27.69 and its 200 day moving average price is $23.14. Stone Energy Corporation has a 1-year low of $16.50 and a 1-year high of $70.97.
Stone Energy Corporation (NYSE:SGY) last posted its quarterly earnings data on Monday, August 7th. The oil and natural gas company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.42. Stone Energy Corporation had a net margin of 41.74% and a negative return on equity of 215.45%. The company had revenue of $76.72 million for the quarter. Equities research analysts anticipate that Stone Energy Corporation will post $0.05 EPS for the current year.
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Stone Energy Corporation Company Profile
Stone 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.
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