Forest Oil Corporation, an oil and gas company, engages in the acquisition, exploration, development, and production of natural gas and liquids primarily in North America. As of December 31, 2007, the company had approximately 2.1 trillion cubic feet equivalent oil and gas reserves, and owned interests in 458 gross wells containing multiple completions. In addition, it holds interests in various projects located in Italy and South Africa. The company sells natural gas on a month-to-month basis in the spot market under short-term contracts, as well as through a joint venture with other producers, or under direct sales contracts or spot contracts in Canada. The company was founded in 1916 and is based in Denver, Colorado with additional offices in Houston, Texas and Calgary, Canada.
Shares Outstanding5: 88.41M
% Held by Insiders1: 38.33%
% Held by Institutions1: 68.50%
Market Cap (intraday)5: 5.71B
Enterprise Value (9-May-08)3: 7.43B
Trailing P/E (ttm, intraday): 29.66
Forward P/E (fye 31-Dec-09) 1: 13.74