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       Sector: Energy  >  Industry: Oil & Gas Operations
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** v.s. other stocks 		This Quarter's Sentiment:
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FST: Bull or Bear? From:    SocialPicks  |  Blogsphere  |  All

From the Blogosphere

Forest to Sell Permian Basin Assets – Analyst Blog
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38%

Forest Oil Corp. (FST) recently entered into a definitive agreement with SandRidge Exploration and Production LLC, a wholly owned subsidiary of SandRidge Energy Inc., (SD) to sell the remainder of its Permian Basin properties in West Texas and New Mexico for approximately $800 million. In August 2009, Forest had sold certain operated and non-operated properties in these areas for approximately $118 million.
 
The properties considered for sale are currently producing 46 million cubic feet equivalent per day (MMcfe/d). It has estimated proved reserves of 321 billion cubic feet equivalent (Bcf...
By  StraightStocks   (-6.13%  risk: moderate)  12/02/09 Comment


Zacks Bull and Bear of the Day Highlights: Inspire Pharmaceuticals, Inc., Sears Holdings, Moody’s Corp., CBS Corporation and Forest Oil Corporation – Press Releases
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38%

For Immediate Release

Chicago, IL – November 9, 2009 – Zacks Equity Research highlights Inspire Pharmaceuticals, Inc. (ISPH) as the Bull of the Day and Sears Holdings (SHLD) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Moody's Corp.(MCO), CBS Corporation (CBS) and Forest Oil Corporation (FST).

Full analysis of all these stocks is available at http://at.zacks.com/?id=5506

Here is a synopsis of all five stocks:

Bull of the Day:

<>Inspire Pharmaceuticals, Inc. (ISPH) is a specialty pharmaceutical company focused on the development and commercialization of treatment...
By  StraightStocks   (-6.13%  risk: moderate)  11/09/09 Comment


Forest Misses on Lower Sales – Analyst Blog
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38%

Forest Oil Corporation (FST) reported its third-quarter 2009 earnings of 48 cents per share, compared with the Zacks Consensus Estimate of 53 cents and a year-ago profit of $1.26. Before adjusting one-time items, earnings were $1.53 per share. The results came in below expectations mainly due to lower sales volumes.

Sales volumes for the quarter came in at 476 MMcfe/d (77% natural gas), down 9% from 520 MMcfe/d in the corresponding 2008 period. The decrease in production was due to deferred and divested volumes.

<>During the quarter, production expenses decreased approximately 24% year-over-ye...
By  StraightStocks   (-6.13%  risk: moderate)  11/06/09 Comment


Inflation At The Consumer Level Rose By 0.7 Percent
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56%
<>
  • The market moved broadly higher at the open this morning as positive earnings reports outweighed lack lackluster economic data.
  • The Commerce Department said inflation at the consumer level rose by 0.7 percent last month, slightly higher than the 0.6 percent increase that economists were expecting. It was the biggest one-month gain since a 0.7 percent increase last July. The big jump was seen as a temporary blip, however.
  • Inflation is not expected to be a problem any time soon given a severe recession which is keeping a lid on wage pressures.
    • <>The Federal Reserve reported production at the natio...
    By  s J   (-14.94%  risk: aggressive)  07/16/09 Comment


    Guru Bargain Highlights: VLO, FST, TWC, GME, ESI

    thestockmasters.comGuruFocus.com highlights some bargains according to GuruFocus updates, the following stocks have declined the most since the Gurus they track have bought, stocks include: Valero Energy Corp (NYSE:VLO), Forest Oil Corp (NYSE:FST), Time Warner Cable Inc (NYSE:TWC), GameStop Corp (NYSE:GME), and ITT Educational Services Inc (NYSE:ESI). Jedi Mind Tricks or not, some of these stocks may be the ones you are looking for.

    read more
    By  theStockMasters   (-72.15%  risk: moderate)  07/12/09 Comment



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