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Forest Oil Corporation (FST) [hlAlert]

Rating:
Market Perform
FST

Forest Oil Corporation (FST) rated Market Perform with price target $19 by Howard Weil

Posted on: Monday,  Feb 27, 2012  9:25 AM ET 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 gained 53.35% as of 09/22/2010's recent price of $29.26.
If you would have followed the previous Howard Weil's recommendation on FST, you would have gained 53.35% of your investment in 359 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).

Howard Weil’s team of research professionals currently cover approximately 100 public energy companies, including major integrated oil companies, independent refiners, exploration and production companies, oilfield services companies, gas and power, coal producers and other energy companies. Our research analysts engage in ongoing dialogue with company management and constant internal analysis in order to give Howard Weil’s clients an in-depth understanding of the companies we cover, as well as current insights on the global energy marketplace.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2013 9:25 AM Hold
None
5.57 7.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/23/2012 9:25 AM Hold
None
7.70 9.00
2/27/2012 9:25 AM Hold
None
13.27 19.00
2/27/2012 9:25 AM Hold
None
13.27 19.00
9/22/2010 10:25 AM Hold
None
29.26 34.00
9/28/2009 10:25 AM Buy
None
19.08 30.00
6/1/2009 1:25 PM Hold
None
20.14 20.00

(*) Stock Price at the time of the recommendation.
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