Stone Energy (SGY) Posts Q2 Loss of $0.32

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Go back to Stone Energy (SGY) Posts Q2 Loss of $0.32

Stone Energy Corporation Announces Second Quarter 2017 Results

August 7, 2017 4:07 PM EDT

LAFAYETTE, La., Aug. 7, 2017 /PRNewswire/ -- Stone Energy Corporation (NYSE: SGY) ("Stone" or the "Company") today announced financial and operational results for the second quarter of 2017.  Some items of note include:

Production volumes averaged 20.6 thousand barrels of oil equivalent per day for the three months ended June 30, 2017 Rampart Deep well currently drilling, with results expected in August 2017 Liquidity, including restricted cash, totaled $394 million at June 30, 2017 Corporate reorganization completed

Interim Chief Executive Officer and President James M. Trimble stated, "In the second quarter of... More