Stone Energy today announced that it has priced a registered underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $41.00 per share. Stone has granted the underwriters a 30-day option to purchase 750,000 additional shares of its common stock. The offering is expected to close on or about May 14, 2014 [...]
LAFAYETTE, La., May 7, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced that it has commenced a registered underwritten public offering of 5,000,000 shares of its common stock. Stone intends to grant the underwriters a 30-day option to purchase 750,000 additional shares of common stock. Stone intends to use the net proceeds [...]
LAFAYETTE, La., May 5, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced financial and operational results for the first quarter of 2014. Some of the highlights include: Net income of $25.9 million or $0.52 per share Production volumes at the upper end of first quarter guidance Development drilling success at the Cardona South [...]
LAFAYETTE, La., April 28, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced success on the deep water Cardona South well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. The Cardona South well (MC 29 #5 well) encountered over 275 feet of net oil pay in three separate sections of the well [...]
LAFAYETTE, La., April 3, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced that it will host an analyst and investor day on Tuesday, May 20, 2014 for equity analysts and institutional investors at the Windsor Court Hotel in New Orleans, LA. David Welch, Chief Executive Officer and President of Stone Energy, along with Kenneth [...]
LAFAYETTE, La., April 3, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE:SGY) today announced that David H. Welch, the Company's Chairman, President and Chief Executive Officer, will present at the IPAA Oil & Gas Investment Symposium in New York at the Sheraton New York Times Square Hotel at 3:45 p.m. eastern time on Tuesday, April 8, 2014. A live [...]
LAFAYETTE, La., March 21, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced that David H. Welch, the Company's Chairman, President and Chief Executive Officer, will be presenting at Howard Weil's 42nd Annual Energy Conference at the Roosevelt New Orleans at 4:10 p.m. central time on Monday, March 24, 2014. The presentation [...]
LAFAYETTE, La., Feb. 24, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced financial and operational results for the fourth quarter and year-end of 2013. Some of the highlights include: Adjusted net income before one-time charges was $143.2 million, or $2.88 per share, for the year ended December 31, 2013; net income after [...]
LAFAYETTE, La., Feb. 24, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced success on the development segment of the deep water Cardona well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. The Cardona well (MC 29 #4 well) encountered 84 feet of net oil pay in the development section of the [...]
LAFAYETTE, La., Feb. 18, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced exploration discoveries at its deep water Amethyst and deep gas Tomcat prospects. Stone operates and owns a 100 percent working interest in both discoveries. The deep water Amethyst exploration well in Mississippi Canyon block 26 encountered approximately [...]
LAFAYETTE, La., Jan. 15, 2014 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today announced estimated year-end proved reserves and production volumes for 2013, and provided its capital expenditure budget and initial production guidance for 2014. Some of the highlights include: Year-end 2013 estimated proved reserves were 143.9 Mmboe, which [...]
LAFAYETTE, La., Dec. 30, 2013 /PRNewswire/ -- Stone Energy Corp. (NYSE: SGY) today provided an update on its three deep water/deep gas wells being drilled. Drilling operations at the deep water San Marcos prospect, located on Mississippi Canyon 983, have been completed, and the rig is in the process of being released. The well was drilled to [...]