Somewhat Favorable News Coverage Somewhat Unlikely to Affect Stone Energy Corporation (NYSE:SGY) Share Price

News headlines about Stone Energy Corporation (NYSE:SGY) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stone Energy Corporation earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the oil and natural gas company an impact score of 47.3741945553443 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern’s scoring:

Shares of Stone Energy Corporation (NYSE SGY) traded up 4.575% on Wednesday, reaching $27.315. 242,650 shares of the company’s stock traded hands. The company has a 50 day moving average of $23.74 and a 200-day moving average of $22.09. The stock’s market capitalization is $546.27 million. Stone Energy Corporation has a 52 week low of $16.50 and a 52 week high of $72.16.

Stone Energy Corporation (NYSE:SGY) last released its earnings results on Monday, August 7th. The oil and natural gas company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.09) by $0.42. The firm had revenue of $76.72 million for the quarter. Stone Energy Corporation had a negative return on equity of 215.45% and a net margin of 41.74%. Equities research analysts forecast that Stone Energy Corporation will post $0.06 earnings per share for the current year.

Several analysts recently issued reports on the stock. BidaskClub upgraded shares of Stone Energy Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. ValuEngine upgraded shares of Stone Energy Corporation from a “strong sell” rating to a “sell” rating in a report on Thursday, May 18th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Stone Energy Corporation has a consensus rating of “Hold” and a consensus target price of $12.33.

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About Stone Energy Corporation

Stone Energy Corporation is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, exploitation, development and operation of oil and gas properties. The Company operates in the Gulf of Mexico (GOM) basin. It has leveraged its operations in the GOM conventional shelf and has its reserve base in the prolific basins of the GOM deep water, Gulf Coast deep gas, and the Marcellus and Utica shales in Appalachia.

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