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Forest Oil is Slightly Offset Due to Gas Price Volatility
Jan. 24, 2012 03:45PM PST
Resource InvestingZacks reported that Forest Oil Corporation (NYSE:FST) is slightly offset due to gas price volatility inspite of a good portfolio, significant asset base and new production outlook.
Zacks reported that Forest Oil Corporation (NYSE:FST) is slightly offset due to gas price volatility inspite of a good portfolio, significant asset base and new production outlook.
As quoted in the market news:
With an expected ramp-up in production, Forest Oil increased its volume outlook for 2012 by 5% to 6% over 2011 levels to 350-355 million cubic feet equivalent per day (MMcfe/d).