Posts for Ticker ‘SGY’

Oil & Energy Players Raising Cash (DPTR, HEP, RRC, SGY)

money-stack-image5We are starting to see more and more of the second-tier and third-tier energy players and oil and gas players either file for secondary offerings or actually sell shares in public offerings.  Delta Petroleum Corporation (Nasdaq: DPTR), Holly Energy Partners (NYSE: HEP), Range Resources Inc. (NYSE: RRC), and Stone Energy Corporation (NYSE: SGY) are among these, and this is just the ones with news since May 1, 2009.
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The 52-Week Low Club (CSE)(SGY)(CRA)(HERO)

angrybear6 CapitalSource (CSE) Ratings cut from Fitch. Drops to $2.02 from 52-week high of $17.04.

Stone Energy (SGY) Posts a loss for the last quarter. Sells down to $5.30 from 52-week high of $73.96.

Celera Corp (CRA) Outlook is below estimates. Plunges to $6.76 from 52-week high of $17.56.

Hercules Offshore (HERO) Still dropping after booking large impairment. Down to $1.95 from 52-week high of $39.47.

Douglas A. McIntyre

The 52-Week Low Club: (MNI)(SGY)(NT)(TTWO)

Sad_clownMcClatchy Newspapers (MNI) Drops to $.98 as shareholder panic. The 52-week high is $13.31.

Stone Energy (SGY) Cuts production view for quarter. Drops to $8.47 from 52-week high of $73.96.

Nortel Networks (NT) falls to $.24 on concerns about bankruptcy against 52-week high of $16.07.

Take-Two Interactive (TTWO) Remarkably poor earnings and awful forecast. Sells down to $8.65 from 52-week high of $27.95.

Douglas A. McIntyre