Forest Oil (FST -9.9%) shares slump after posting a wider than expected Q1 loss, as lower...

|About: Forest Oil Corporation (FST)|By:, SA News Editor

Forest 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.