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Forest Oil (FST -9.9%) shares slump after posting a wider than expected Q1 loss, as lower...
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Tuesday, May 1, 2012, 10:03 AM ETForest Oil (FST -9.9%) shares slump after posting a wider than expected Q1 loss, as lower production and weaker natural gas prices continued to hurt its core results. FST's net loss was $33M, or $0.29/share, vs. a net loss of $3.3M, or $0.03/share, in the year-ago period. Total costs and expenses rose to $190M from $181M a year ago.
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