Last $1.58 USD
Change Today +0.0646 / 4.25%
Volume 35.7K
SPP On Other Exchanges
Symbol
Exchange
NYSE Amex
Frankfurt
Berlin
Johannesburg
OTC US
OTC US
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

sanchez production partners (SPP) Snapshot

Open
$1.51
Previous Close
$1.52
Day High
$1.58
Day Low
$1.47
52 Week High
08/29/14 - $4.23
52 Week Low
12/17/14 - $1.42
Market Cap
46.3M
Average Volume 10 Days
48.3K
EPS TTM
$-0.15
Shares Outstanding
28.7M
EX-Date
06/26/09
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SANCHEZ PRODUCTION PARTNERS (SPP)

sanchez production partners (SPP) Related Bloomberg News

View More Bloomberg News

sanchez production partners (SPP) Related Businessweek News

No Related Businessweek News Found

sanchez production partners (SPP) Details

Sanchez Production Partners LLC focuses on the acquisition, development, and production of oil and natural gas properties and other integrated assets in the United States. The company’s proved reserves are located in the Cherokee Basin in Oklahoma and Kansas, the Woodford Shale in the Arkoma Basin in Oklahoma, the Central Kansas Uplift in Kansas, and in Texas and Louisiana. As of December 31, 2013, it had approximately 91.3 Bcfe of estimated proved reserves; and owned approximately 1,995 net producing wells. The company was formerly known as Constellation Energy Partners LLC and changed its name to Sanchez Production Partners LLC in October 2014. Sanchez Production Partners LLC was founded in 2002 and is headquartered in Houston, Texas.

79 Employees
Last Reported Date: 11/17/14
Founded in 2002

sanchez production partners (SPP) Top Compensated Officers

Chief Executive Officer, President and Chief ...
Total Annual Compensation: $509.9K
Chief Financial Officer and Treasurer
Total Annual Compensation: $350.5K
Compensation as of Fiscal Year 2013.

sanchez production partners (SPP) Key Developments

Sanchez Production Partners LLC Announces Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production Guidance for the Year 2014

Sanchez Production Partners LLC announced consolidated earnings and production results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $21,396,000 compared with $12,131,000 for the same period a year ago. Income from continuing operations was $5,655,000 compared with loss from continuing operations of $3,257,000 for the same period a year ago. Net income was $5,655,000 compared with net loss of $3,257,000 for the same period a year ago. Adjusted EBITDA was $5,688,000 compared with $7,412,000 for the same period a year ago. Diluted earnings per class A share was $0.23 compared to diluted loss per class A share of $0.06 a year ago. Diluted earnings per class B share were $0.19 compared to diluted loss per class B share of $0.12 a year ago. Capital expenditures totaled $1.2 million. For the nine months, the company reported total revenues of $45,226,000 compared with $32,619,000 for the same period a year ago. Loss from continuing operations was $2,295,000 compared with $12,791,000 for the same period a year ago. Net loss was $2,295,000 compared with $15,477,000 for the same period a year ago. Adjusted EBITDA was $19,679,000 compared with $17,430,000 for the same period a year ago. Diluted loss per class A share was $0.05 compared to diluted loss per class A share of $0.44 a year ago. Diluted loss per class B share was $0.08 compared to diluted loss per class B share of $0.63 a year ago. For the quarter, the company reported total production was 380 MBOE compared with 335 MBOE for the same period a year ago. Average daily production was 4,129 BOE/day compared with 3,642 BOE/day for the same period a year ago. Total production was 2,279 MMcfe compared with 2,011 MMcfe for the same period a year ago. Average daily production was 24,775 MMcfe compared with 21,853 MMcfe for the same period a year ago. For the nine months, the company reported total production was 1,135 MBOE compared with 978 MBOE for the same period a year ago. Average daily production was 4,157 BOE/day compared with 3,583 BOE/day for the same period a year ago. Total production was 6,809 MMcfe compared with 5,870 MMcfe for the same period a year ago. Average daily production was 24,943 MMcfe compared with 21,502 MMcfe for the same period a year ago. For the year 2014, the company’s net production is forecast to range between 1,346 MBOE and 1,552 MBOE for 2014, with operating costs forecast to range between $33.3 million and $37.3 million for the year. For the remainder of 2014, the company has hedged approximately 1.6 Bcfe of its natural gas production at an effective NYMEX fixed price of $5.75 per Mcfe with basis hedges on 0.6 Bcfe of its Mid-Continent production at an average differential of $0.39 per Mcfe. The company also has hedges in place on approximately 73 MBbl of its 2014 oil production at a fixed price of $95.78 per barrel.

Sanchez Production Partners Seeks Acquisitions

Sanchez Production Partners LLC (AMEX:SPP) is looking to acquire assets from SOG-affiliated companies, and independent, "right-sized" transactions with third parties.

Sanchez Production Partners LLC to Report Q3, 2014 Results on Nov 12, 2014

Sanchez Production Partners LLC announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 12, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SPP:US $1.58 USD +0.0646

SPP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BPZ Resources Inc $0.21 USD -0.0021
Miller Energy Resources Inc $1.35 USD +0.02
PostRock Energy Corp $0.34 USD -0.06
Royale Energy Inc $2.20 USD +0.10
Saratoga Resources Inc $0.26 USD +0.04
View Industry Companies
 

Industry Analysis

SPP

Industry Average

Valuation SPP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.5x
Price/Cash Flow 10.5x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SANCHEZ PRODUCTION PARTNERS, please visit www.sanchezproductionpartners.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.