Stone Energy (SGY) Misses Q2 EPS by 103c

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Go back to Stone Energy (SGY) Misses Q2 EPS by 103c

Stone Energy Corporation Announces Second Quarter 2016 Results

August 2, 2016 4:07 PM EDT

LAFAYETTE, La., Aug. 2, 2016 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) today announced financial and operational results for the second quarter of 2016. Some items of note include:

Production volumes exceeded the upper end of second quarter 2016 guidance Bank credit agreement amendment included $360 million borrowing base and covenant relief through year end 2016 Termination of our long term deep water rig contract Mary field in Appalachia came back online in late June 2016 with an interim midstream agreement Pompano production temporarily curtailed due to explosion at Pascagoula... More