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United States

Sanchez Energy Corp (SN)

SN on New York Consolidated

4.37USD
18 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Sanchez Energy reports minimal impact on its South Texas operations from Hurricane Harvey
Monday, 28 Aug 2017 08:49pm EDT 

Aug 28 (Reuters) - Sanchez Energy Corp :Sanchez Energy reports minimal impact on its South Texas operations from Hurricane Harvey.Sanchez Energy Corp says currently report that operations and production in Western Eagle Ford in South Texas have been largely unaffected by storm.Currently none of its assets have sustained significant damage.Sanchez Energy Corp -as a precautionary measure, have suspended completion operations but we expect those to resume as soon it is safe to do so.  Full Article

Sanchez Energy, plaintiffs, all named defendants enter into stipulation of settlement
Friday, 18 Aug 2017 05:41pm EDT 

Aug 18 (Reuters) - Sanchez Energy Corp ::Sanchez Energy- ‍on Aug 11, co, plaintiffs, all named defendants entered into stipulation of settlement of AUG 2013 purchase of working interests in tuscaloosa marine shale​.Sanchez Energy Corp -‍ derivative stockholder​ litigation was settled, in consideration of, a payment to co of aggregate of $11.75 million - SEC filing.Sanchez Energy- ‍litigation was settled, in consideration of, among other things, removal of Alan Jackson, Greg Colvin from co's compensation committee​.  Full Article

Sanchez Energy Corp announces $105 mln sale of Javelina asset
Thursday, 17 Aug 2017 06:00pm EDT 

Aug 17 (Reuters) - Sanchez Energy Corp :Sanchez Energy Corporation announces $105 million sale of Javelina asset.Sanchez Energy Corp - ‍entered into a definitive agreement to sell its Javelina asset in Eagle Ford shale for approximately $105 million in cash​.  Full Article

Sanchez Energy announces qtrly earnings per share $0.31
Wednesday, 9 Aug 2017 06:00am EDT 

Aug 9 (Reuters) - Sanchez Energy Corp :Sanchez Energy announces second quarter 2017 operating and financial results.Q2 revenue $175.7 million versus I/B/E/S view $182.2 million.Sanchez Energy Corp - ‍Q2 production totaled approximately 6.7 million barrels of oil equivalent an increase of about 43 percent over Q1 2017 production​.Qtrly earnings per share $0.31‍​.Sanchez Energy Corp - Also anticipate that cash margins will improve throughout second half of 2017 and into 2018​.Sanchez Energy Corp - Expect to reach production growth expectations of 90,000 boe/d to 100,000 boe/d in the first half of 2018.  Full Article

Sanchez Energy reports Q2 production of 6.7 mln boe
Wednesday, 26 Jul 2017 06:00am EDT 

July 26 (Reuters) - Sanchez Energy Corp :Sanchez Energy announces second quarter 2017 operating results; reports record initial production rate of 3,800 boe/d for the stumberg ranch 55h at comanche and realizes 43 percent production growth over the prior quarter.Sanchez energy - Q2 production totaled about 6.7 million barrels of oil equivalent which, increase of about 43 percent over Q1 2017 production.Sanchez Energy Corp - Q2 2017 production totaled about 6.7 million barrels of oil equivalent, or about 73,341 boe/d, an increase of about 43 percent over Q1.Sanchez Energy Corp - anticipates that it will reduce its 2018 capital budget by approximately $75 million to $100 million.Sanchez Energy - drilling activity, which currently consists of 8 drilling rigs and 5 completion crews, to be reduced to 5 drilling rigs by end of Sept 2017.Sanchez Energy - anticipate production growth to approximately 90,000 - 100,000 boe/d projected for year end 2017 will be realized in first half of 2018.Sanchez Energy Corp - during Q2 2017 added swaps covering 4,000 bbls/d of its second half 2017 oil production and 6,000 bbls/d of its 2018 oil production..Sees Q3 oil production volumes 22,000 - 24,000 bbls/d.Sees Q4 oil production volumes 29,000 - 31,000 bbls/d.Sees Q3 natural gas production volume 156,000 - 160,000 mcf/d.Sees Q4 natural gas production volume 166,000 - 170,000 mcf/d.  Full Article

Sanchez Energy announces sale of non-core Marquis asset in Eagle Ford Shale
Friday, 16 Jun 2017 06:45am EDT 

June 16 (Reuters) - Sanchez Energy Corp :Press release - Sanchez Energy announces sale of non-core marquis asset in the eagle ford shale.Sanchez Energy announces sale of non-core marquis asset in the eagle ford shale.Sanchez Energy Corp - deal for cash consideration of $50 million and lonestar preferred stock that is structured to convert into 1.5 million shares of common stock.Sanchez Energy Corp - ‍company received lonestar preferred stock that is structured to be converted into 1.5 million shares of common stock​.Non-Core marquis assets consist of approximately 21,000 net acres primarily located in fayette and lavaca counties, texas.Sanchez Energy - non-core marquis asset has net production of about 1,750 barrels of oil equivalent per day (74% oil) from 104 gross (65 net) wells.  Full Article

Sanchez Energy Q1 estimated total production averaged about 51,800 boe/d
Wednesday, 26 Apr 2017 05:45am EDT 

April 26 (Reuters) - Sanchez Energy Corp ::Sanchez Energy announces first quarter 2017 operating results; Comanche integration remains on schedule as the company achieves record production.Sanchez Energy Corp - Q1 production, which includes one month of Comanche production, totaled approximately 4.6 mmboe, or approximately 51,800 boe/d.Sanchez Energy Corp - company brought 14 wells on-line in south central region of Catarina in q1 2017.Sanchez Energy Corp - company's estimated total production for Q1 2017 averaged approximately 51,800 boe/d.Sanchez Energy Corp -hedged 7,000 bbls per day of its 2017 oil production and about 100 mmbtus per day of its 2017 natural gas production from legacy assets.Sanchez Energy Corp - company believes it remains on pace to hit its full year 2017 production guidance of 78,000 to 82,000 boe/d.  Full Article

Sanchez Energy announces Q4 revenue $126 million
Wednesday, 22 Feb 2017 06:59am EST 

Sanchez Energy Corp : Sanchez Energy announces fourth quarter and full-year 2016 financial results and operations update . Q4 revenue $126 million versus I/B/E/S view $139.1 million . Sanchez Energy Corp - Company's 2017 capital budget is estimated between $425 and $475 million . Sanchez Energy Corp - Year-end proved reserves increased by over 55% to approximately 193 MMBoe . Sanchez Energy Corp - Current hedge position is 7,000 Bbls/d of oil and 111,795 MMBtu/d of natural gas in 2017 . Sanchez Energy Corp - Current hedge position is 80,911 MMBtu/d of natural gas in 2018 and 20,000 MMBtu/d of natural gas in 2019 . Qtrly earnings per share $ 0.73 .Sanchez Energy Corp - Qtrly total oil equivalent production of 4,557 mboe versus 5,347 MBoe.  Full Article

Sanchez provides updates on previously announced Comanche acquisition
Monday, 13 Feb 2017 06:50am EST 

Sanchez Energy Corp : Sanchez Energy Corporation provides update to the previously announced comanche acquisition . Terms of $2.3 billion Comanche acquisition remain as previously stated . Sanchez Energy - Received notification from tag owner stating that they have elected not to exercise their tag rights in regards to transaction .Sanchez Energy Corp - Transaction remains on pace to close by end of Q1 2017.  Full Article

Sanchez Energy prices 10 mln offering at $12.50 per share
Tuesday, 31 Jan 2017 09:47pm EST 

Sanchez Energy Corp : Sanchez Energy announces pricing of common stock offering .Says public offering of 10.0 million common shares priced at $12.50 per share.  Full Article

BRIEF-Sanchez Energy, plaintiffs, all named defendants enter into stipulation of settlement

* Sanchez Energy- ‍on Aug 11, co, plaintiffs, all named defendants entered into stipulation of settlement of AUG 2013 purchase of working interests in tuscaloosa marine shale​