Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Forest Oil Falls After Missing Analysts’ Estimates: Dallas Mover

Forest Oil Corp., the Denver-based producer of oil and natural gas in Texas and adjacent states, fell the most in more than two months after first-quarter profit missed the average estimate of analysts by 9 cents a share.

Forest fell 11 percent to $11.88 at the close in New York, the biggest drop since Feb. 22. Before today, the shares declined 1.7 percent this year.

Forest yesterday reported profit fell 39 percent to $13 million, or 11 cents a share, from the 2011 first quarter after excluding a writedown of natural-gas properties in Italy and one-time gains. The company was expected to earn 20 cents, according to the average of 22 analysts’ estimates compiled by Bloomberg.

Revenue fell 4.8 percent to $158.9 million, according to the statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.