Sanchez Energy Announces Third Quarter 2016 Operating and Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Sanchez Energy (SN) Posts Q3 Loss of $1.19/Share
November 7, 2016 6:35 AM ESTSanchez Energy (NYSE: SN) reported Q3 EPS of ($1.19), which does not compare to the analyst estimate of $0.03. Revenue for the quarter came in at $114.81 million versus the consensus estimate of $133.94 million. Adjusted Revenue was $142.9 million.
Adjusted EBITDA of approximately $83.8 million during the third quarter 2016 was up approximately 5 percent when compared to the prior quarter.
As previously reported, we achieved excellent operating results in the third quarter 2016, with process improvements and efficiency gains driving our average well cost below $3.0 million per well, said Tony Sanchez, III, Chief Executive Officer of Sanchez Energy. The... More
