Stone Energy (SGY) Misses Q2 EPS by 7c

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Go back to Stone Energy (SGY) Misses Q2 EPS by 7c

Stone Energy Corporation Announces Second Quarter 2015 Results

August 5, 2015 4:03 PM EDT

LAFAYETTE, La., Aug. 5, 2015 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the second quarter of 2015. Some of the highlights include:

Production volumes exceeded the upper end of second quarter 2015 guidance. Cardona #6 well was drilled and completed under budget and is expected to come on line by the end of the third quarter. Recognized an upward working interest adjustment to a number of wells in the Mary field in Appalachia. Quarter-end cash position of $142 million and an undrawn $500 million bank... More