Last $11.29 USD
Change Today -4.72 / -29.48%
Volume 3.7M
SN On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 5:15 PM 11/28/14 All times are local (Market data is delayed by at least 15 minutes).

sanchez energy corp (SN) Snapshot

Open
$14.95
Previous Close
$16.01
Day High
$14.95
Day Low
$11.27
52 Week High
06/23/14 - $38.95
52 Week Low
11/28/14 - $11.27
Market Cap
661.6M
Average Volume 10 Days
2.1M
EPS TTM
$0.15
Shares Outstanding
58.6M
EX-Date
--
P/E TM
77.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for SANCHEZ ENERGY CORP (SN)

sanchez energy corp (SN) Related Businessweek News

View More BusinessWeek News

sanchez energy corp (SN) Details

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast. As of March 5, 2014, it had approximately 120,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale in South Texas; approximately 57,000 net acres targeting the Tuscaloosa Marine Shale in Mississippi and Louisiana. The company was founded in 2011 and is based in Houston, Texas.

sanchez energy corp (SN) Top Compensated Officers

Founder, Chief Executive Officer, President a...
Total Annual Compensation: $1.6M
Executive Chairman
Total Annual Compensation: $1.4M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $762.5K
Compensation as of Fiscal Year 2013.

sanchez energy corp (SN) Key Developments

Sanchez Energy Announces Significantly Expanded Availability Under its Revolving Credit Facility

Sanchez Energy Corporation announced that is has received commitments from its lending group to increase its available borrowing base under its $1.5 billion first lien revolving credit facility from $362.5 million to $650 million with an elected commitment of $300 million, effective immediately.

Sanchez Energy Corporation Announces Appointment of Sean Maher to its Board of Directors

Sanchez Energy Corporation announced that Sean Maher was appointed to the Board. The Board determined Mr. Maher to be independent under the rules of the New York Stock Exchange and qualified to serve on the Audit Committee, the Nominating and Corporate Governance Committee and the Compensation Committee of the Board under the rules of the NYSE and the Securities and Exchange Commission, to which committees Mr. Maher was appointed concurrently with his appointment as director. Mr. Maher was also appointed as the Co-Chairperson of the Audit Committee. The Board has assigned Mr. Maher to Class I, for which the term of office expires on the date of the company's 2016 annual meeting of stockholders. Mr. Maher, 41, is the Senior Portfolio Manager of RCH Energy, an investment management firm, which he joined in June of 2008.

Sanchez Energy Corporation Reports Unaudited Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production Guidance for the Full Years of 2014 and 2015

Sanchez Energy Corporation reported unaudited earnings and operating results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues were $207,350,000 compared to $94,200,000 for the same period of last year. Operating income was $55,770,000 compared to $24,076,000 for the same period of last year. Income before income taxes was $75,656,000 compared to $212,000 for the same period of last year. Net income was $49,031,000 compared to $3,880,000 for the same period of last year. Net income attributable to common stockholders was $42,689,000 or $0.69 per diluted share compared to net loss of $1,605,000 or $0.05 per diluted share for the same period of last year. Adjusted EBITDA was $148,189,000 compared to $63,820,000 for the same period of last year. Adjusted net income attributable to common stockholders was $12,840,000 compared to $13,568,000 for the same period of last year. Adjusted net income per common share - diluted was $0.23 compared to $0.36 for the same period of last year. Capital expenditures, before estimated accruals were approximately $204 million, and capital expenditures incurred during the third quarter, including accruals, were approximately $224 million. For the nine months, the company reported total revenues were $493,573,000 compared to $184,321,000 for the same period of last year. Operating income was $113,913,000 compared to $40,349,000 for the same period of last year. Income before income taxes was $62,264,000 compared to $9,028,000 for the same period of last year. Net income was $40,318,000 compared to $12,696,000 for the same period of last year. Net income attributable to common stockholders was $10,224,000 or $0.20 per diluted share compared to net loss of $345,000 or $0.01 per diluted share for the same period of last year. Adjusted EBITDA was $356,917,000 compared to $128,025,000 for the same period of last year. Adjusted net income attributable to common stockholders was $33,692,000 compared to $23,698,000 for the same period of last year. Adjusted net income per common share - diluted was $0.66 compared to $0.70 for the same period of last year. For the third quarter, average daily production was 38,613 barrels of oil equivalent per day, above the midpoint of the guidance range of 36,000 to 40,000 barrels of oil equivalent per day. Overall, during the quarter, the company had an average realized price before the effect of derivatives of $93.87 per barrel of oil, $28.34 per barrel of NGLs and $4.07 per MCF for natural gas. That equates to an average realized price per BOE of $58.37. Production stream for the third quarter was 47% crude, 27% natural gas liquids and 26% natural gas. This compares to the second quarter product mix of 73% crude, 14% NGLs and 13% natural gas and is reflective of the addition of the Catarina asset to portfolio. For the nine months, the company reported oil production of 4,257 million Bo against 1,644 million Bo a year ago. NGLs production was 1,477 million Bbls against 231 million Bbls a year ago. Natural gas production was 8,207 million Mcf against 1,595 million Mcf a year ago. Total oil equivalent was 7,103 million BOE or 26,018 BOE per day against 2,141 million BOE or 7,843 BOE per day a year ago. Oil sales price was $97.35 per Bo against $104.41 per Bo a year ago. NGLs price was $29.72 per Bbl against $26.65 per Bbl a year ago. Natural gas price was $4.29 per Mcf against $4.09 per Mcf a year ago. Oil equivalent was $69.49 per BOE against $86.09 per BOE a year ago. The company provided production guidance for the full years of 2014 and 2015. For the full year of 2014, the company is expecting its production of 40,000 BOE/D to 44,000 BOE/D. Total production for 2015 is expected to average approximately 50,000 barrels of oil equivalent per day for the year, which represents a growth rate of approximately 70% when compared to expected full year 2014 production. This compares to the previous production guidance range for 2015 of 53,000 to 58,000 barrels of oil equivalent per day. The company's anticipated 2015 capital program is expected to be fully funded through cash and cash equivalents on hand and cash flow from operations without drawing down on the company's availability under its revolving credit facility, assuming average oil prices of $80 per barrel and natural gas prices of $3.75 per Mmbtu. The company expects to exit 2014 with between $350 million and $400 million of cash and fund capital program for 2015 with cash flow from operations without having to borrow any additional money.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SN:US $11.29 USD -4.72

SN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Comstock Resources Inc $8.86 USD -1.63
EXCO Resources Inc $2.94 USD -0.42
Magnum Hunter Resources Corp $4.00 USD -0.80
PDC Energy Inc $29.51 USD -9.02
Penn Virginia Corp $5.13 USD -2.14
View Industry Companies
 

Industry Analysis

SN

Industry Average

Valuation SN Industry Range
Price/Earnings 42.7x
Price/Sales 1.4x
Price/Book 0.8x
Price/Cash Flow 2.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SANCHEZ ENERGY CORP, please visit www.sanchezenergycorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.