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ME (Common Stock)
ExchangeNYSE (US Dollar)
Price$23.16
Change (%) Stock is Up 0.41 (1.80%)
Volume6,746,083
Data as of 09/03/10 4:02 p.m. ET
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Corporate Profile

Mariner Energy, Inc. (NYSE: ME) is a growth-oriented oil and gas company with diversified operations in the Permian Basin, the Gulf Coast and the Gulf of Mexico, both in the deepwater and on the shelf. We pursue a balance of projects ranging from high-impact exploration projects in the deepwater to relatively low-risk, repeatable projects onshore. This strategy is designed to create a moderate overall risk profile while affording our stockholders the significant potential upside of an active deepwater exploration company.

As of December 31, 2009, Mariner had approximately 1,087 billion cubic feet equivalent of natural gas (Bcfe) of proved reserves, of which approximately 53% were natural gas and 47% were oil, condensate, and natural gas liquids. Total net production in 2009 was approximately 126.5 Bcfe, and net production averaged 347 million cubic feet equivalent of natural gas (MMcfe) per day.

Mariner has been in business since 1983. In March 2006, Mariner stock was listed and began trading on the New York Stock Exchange under the ticker symbol ME.

Mariner rings The Closing BellSM on the New York Stock Exchange on Friday, March 2, 2007 at market close in celebration of its one-year anniversary as a listed company on the NYSE.
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Recent News
DateTitle 
09/02/10Mariner Energy Reports Fire Extinguished at Vermilion Platform
HOUSTON, TX, Sep 02, 2010 (MARKETWIRE via COMTEX) --In a follow up to its news release issued earlier today, Mariner Energy, Inc. (NYSE: ME) reports that the fire at its production platform on Vermilion Block 380 has been extinguished. The crew was transported to medical facilities onshore. No injuries have been reported. Automated shutoff equipment on the platform safely turned off the flow of oil and gas from the platform's seven producing wells before the fire occurred and the crew evac... 
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09/02/10Mariner Energy Confirms a Fire at a Production Platform on Vermilion Block 380 in the Gulf of Mexico; All Crew Members Safely Accounted for
HOUSTON, TX, Sep 02, 2010 (MARKETWIRE via COMTEX) --Mariner Energy, Inc. (NYSE: ME) confirms that a fire has occurred at a production platform located on Vermilion Block 380, approximately 100 miles from the Louisiana coast. All 13 members of the crew have been evacuated and safely accounted for. No injuries have been reported. In an initial flyover, no hydrocarbon spill was reported. Mariner has notified and is working with regulatory authorities in response to this incident. The cau... 
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08/05/10Mariner Energy Reports 2010 Second Quarter Results
HOUSTON, TX, Aug 05, 2010 (MARKETWIRE via COMTEX) -- For the three-month period ended June 30, 2010, Mariner Energy, Inc. (NYSE: ME) reported net income of $1.7 million, which equates to basic and fully-diluted earnings per share of $0.02. This compares with net income of $17.2 million, or $0.19 per basic and fully-diluted share, for the same three-month period in the prior year. Net production for second quarter 2010 was 4,764 Mboe (thousand barrels of oil equivalent), compared with 5,481 Mbo... 
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05/06/10Mariner Energy Reports 2010 First Quarter Results
HOUSTON, TX, May 06, 2010 (MARKETWIRE via COMTEX) --For the three-month period ended March 31, 2010, Mariner Energy, Inc. (NYSE: ME) reported net income of $15.3 million, which equates to basic and fully-diluted earnings per share of $0.15. This compares with a net loss of $424.1 million, or $4.77 per basic and fully-diluted share, for the same three-month period in the prior year. Net production for first quarter 2010 was 5,352 Mboe (thousand barrels of oil equivalent), compared with 4,917 Mb... 
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