Company Name | Stone Energy Corporation |
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Website | stoneenergy.com |
Snippet | The Stone Energy Corporation was an American oil and gas corporation based in Lafayette, Louisiana, USA.[1] It was listed on the New York Stock Exchange under the listing SGY.[1] The demise of Stone Energy ultimately was the oilfield crash of 2016 which resulted in oil prices plummeting 60-75$ a barrel. Stone Energy was never able to fully recover from the 2016 crash due to bad drilling decisions from 2013-2016 and the resulting obligations from its attempt to test the waters of deepwater drilling. Stone was predominantly known for platform acquisition and well rework not for drilling. |
Defunct | May 10, 2018 |
Founded | 1993 |
Founder | James Hiram Stone |
Website | stoneenergy.com |
Traded as | NYSE: SGY |
Key people | David H. Welch (Chairman, Chief Executive Officer & President) |
Former type | Public |
Headquarters | 625 East Kaliste Saloom Road, Lafayette, Louisiana, United States |
Stone Energy Corporation is part of the United States company list
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