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Stone Energy Corp

  • Shall I Bet The Farm On This Offshore Energy Play?

    By Nathan Kirykos - May 6, 2013 | Tickers: APA, EXXI, SGY, WTI

    One of the largest oil producers in the Gulf of Mexico (GOM) is Energy XXI (NASDAQ: EXXI), which operates, or has an interest in, some of the largest oil fields there. However, the company's stock has dropped substantially lately. After this ugly performance, is now the time to get greedy? To answer this, let's check out the company's strengths, weaknesses, opportunities and threats. 

    Strengths 

    Energy XXI has more »

  • Is This Deepwater Energy Stock Deeply Undervalued?

    By Nathan Kirykos - March 11, 2013 | Tickers: APA, EXXI, NFX, SGY, WTI

    W&T Offshore (NYSE: WTI) is an energy producer with operations primarily in the Gulf of Mexico -- GOM for short. With the stock currently trading around $15.50, is now the time to get greedy? To answer this, let's check out the company's strengths, weaknesses, opportunities and threats. 
     
    Strengths 
     
    Diverse reserves: The company's reserves are allocated to three different areas covering onshore Texas, the deepwater GOM and more »

  • Is It Time To Get This Gulf Oil Producer Off the Shelf?

    By Peter Horn - March 5, 2013 | Tickers: EXXI, SGY, WTI | Editor's Choice

    Energy XXI (NASDAQ: EXXI) has an impressive growth record, built around the acquisition of some large legacy oil fields in the Gulf of Mexico. Its rapid ascendance was helped in part by its relatively small size, an advantage that’s gradually eroded with that very same growth. It’s caught its peer group. Growth from here will require a more diversified strategy, and what that long term strategy is remains more »

  • Stone Energy: This Stone Can Ignore Gravity

    By Nathan Kirykos - February 12, 2013 | Tickers: EPL, EXXI, NFX, SGY

    Is Stone Energy (NYSE: SGY) a sleeping stock that could fly higher, the way its neighboring McMoRan Exploration flew when it was acquired by Freeport-McMoRan few weeks ago? Although I can't know if Stone is an acquisition target, I know that it is very undervalued currently, and now is the time to get greedy.

    Strengths 

    Production Growth: Although the production for 2013 is expected to remain relatively flat, with more »

  • Dumpster Diving in Natural Resources

    By Joel Eggerding - December 12, 2012 | Tickers: CLF, XCO, MMR, BTU, SGY

    Every stock has a 52 week high and a 52 week low. As an individual investor we should buy at, or near, the 52 week low and look to lock in profits when a stock is hitting its 52 week high. I like to peruse the list of 52 week low stocks -- after all, they are right there in my Wall Street Journal every day. 2 natural resource stocks were more »

  • Billionaire Steven Cohen Buys Another Energy Stock

    By Meena Krishnamsetty - November 2, 2012 | Tickers: BRY, CRZO, XCO, GDP, SGY

    According to a filing with the SEC, SAC Capital Advisors and its related funds owned a total of 1.9 million shares of Goodrich Petroleum (NYSE: GDP) as of late October, which gives it just over 5% of the shares outstanding. SAC’s success since its founding has made manager Steven Cohen a billionaire and so we like to keep track of the large positions that it takes in companies more »

  • Why is Steven Cohen Buying This Natural Gas Producer?

    By Meena Krishnamsetty - September 25, 2012 | Tickers: BBG, QEP, STR, SGY

    In a 13G filing last week, SAC Capital announced it had increased its stake in Bill Barrett Corporation (NYSE: BBG) to 2,659,491 shares, a 5.5% ownership in the company. The company is an explorer and producer of natural gas in nine basins in the U.S. Rocky Mountains.

    During 1Q 2012, Steven Cohen of SAC Capital owned less than 1 million shares after upping his 4Q 2011 more »

  • The Allure of the Deep: A Big Bet on Gulf Oil

    By Peter Horn - September 21, 2012 | Tickers: BP, DVN, EXXI, PXP, SGY

    By now, most everyone is aware of British Petroleum’s (NYSE: BP) sale of a portion of its Gulf of Mexico Deepwater assets to Plains Exploration and Production (NYSE: PXP).  Not long ago, Gulf properties were looking less than exclusive.  The Deepwater Horizon accident and the resulting moratorium led some companies to shy away from the Gulf as activity slowed down.  Plains itself was one that walked away, selling its more »

  • 4 Energy Stocks Poised for Big Growth

    By Robert Fisher - January 31, 2012 | Tickers: CHK, KOG, SD, SGY

    Back in October 2011 the U.S. Energy Information Administration released a monthly Short-term Energy and Winter Fuels Outlook. The agency found that although world consumption for oil is expected to continue to grow, its pace is decreasing slightly. Current inventory is expected to intercept some of the demand, and prices remain conflicted between upward pressure from uncertainty of supply and downward pressure from lowered expectations for economic growth. Recent more »