Forest Oil Corporation (FST) rated Market Perform with price target $19 by Howard Weil
Howard Weil rated Market Perform Forest Oil Corporation (NYSE: FST) on 02/27/2012. Previously Howard Weil rated Market Outperform Forest Oil Corporation (NYSE: FST)
on 09/28/2009., when the stock price was $19.08. Since then, Forest Oil Corporation has lost 59.64% as of 08/23/2012's recent price of $7.70. If you would have followed the previous Howard Weil's recommendation on FST, you would have lost 59.64% of your investment in 1060 days.
Forest Oil Corporation
(Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of natural gas and liquids primarily in North America. The Company conducts its operations in three geographical segments and five business units. Geographical segments include the United States, Canada and International. Business units include the Western United States (Western), Southern United States (Southern), Eastern, Canada and International. Forest conducts exploration and development activities in each of its geographical segments. In June 2007, the Company completed the acquisition of The Houston Exploration Company. On August 27, 2007, Forest sold all of its assets located in Alaska (the Alaska Assets) to Pacific Energy Resources Ltd. (PERL).
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