Mergers & Acquisitions
Stone Energy Corporation - Stone Energy Corporation Announces Third Quarter 2008 Results
2008 NOV 17 - (VerticalNews.com) -- Stone Energy Corporation (NYSE:SGY) announced net income of $34.1 million, or $1.04 per share, on operating revenue of $172.4 million for the third quarter of 2008 compared to net income of $34.1 million, or $1.23 per share, on operating revenue of $178.4 million for the third quarter of 2007. For the nine months ended September 30, 2008, net income totaled $179.2 million, or $6.02 per share, on operating revenue of $634.9 million compared to net income of $116.5 million, or $4.21 per share, on operating revenue of $551.6 million during the comparable 2007 period. All per share amounts are on a diluted basis ...read more
Stone Energy Corporation - Stone Energy Corporation Announces Second Quarter 2008 Results
2008 AUG 18 - (VerticalNews.com) -- Stone Energy Corporation (NYSE:SGY) announced record net income of $82.8 million, or $2.91 per share, on operating revenue of $263.0 million for the second quarter of 2008 compared to net income of $72.0 million, or $2.60 per share, on operating revenue of $200.3 million in the second quarter of 2007. The second quarter 2007 results included an after-tax gain of $36.3 million associated with the sale of substantially all of Stone's Rocky Mountain properties, which was completed on June 29, 2007. For the six months ended June 30, 2008, net income totaled $145.1 million, or $5.13 per share, on operating revenue of $466.2 million compared to net income of $82.5 million, or $2.98 per share, on operating revenue of $373.2 million during the comparable 2007 period. All per share amounts are on a diluted basis ...read more
Stone Energy Corporation - Stone Energy Corporation Announces Acquisition of Bois d'Arc Energy, Inc.
2008 MAY 12 - (VerticalNews.com) -- Stone Energy Corporation ("Stone") (NYSE:SGY) and Bois d'Arc Energy, Inc. ("Bois d'Arc") (NYSE:BDE) today jointly announced that they have entered into a definitive merger agreement pursuant to which Stone will acquire Bois d'Arc. Under the terms of the merger agreement, Bois d'Arc stockholders will receive $13.65 in cash and 0.165 shares of Stone common stock for each share of Bois d'Arc common stock. The transaction has an aggregate value of approximately $1.8 billion ...read more
View more articles on Stone Energy Corporation.
|