Stone Energy (SGY) Misses Q3 EPS by 6c

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Stone Energy (SGY) Fine-Tunes Project Scheduling; Imperial Capital Reiterates Outperform

November 4, 2015 8:38 AM EST

Imperial Capital maintained an Outperform rating on Stone Energy (NYSE: SGY), and cut the price target to $8.00 (from $10.00), following the company's 3Q15 earnings report. SGYs 3Q15 adjusted EPS of ($0.15) missed consensus of ($0.09). Total production of 40.0mboe/d beat the consensus of 38.4mboe/d. SGY is focused... More