Sanchez Energy (SN) Tops Q3 EPS by 3c

Sanchez Energy (NYSE: SN) reported Q3 adjusted EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $207.4 million versus the consensus estimate of $208.3 million.

Tony Sanchez, III, President and Chief Executive Officer of Sanchez Energy, commented: "Sanchez Energy reported record production, revenue and cash flow from operations driven by strong organic growth combined with the first quarter of ownership of Catarina. The Company is in full-scale development mode at Catarina with two rigs drilling off multi-well pads on the western part of the ranch, and a third rig delineating the eastern side."

For earnings history and earnings-related data on Sanchez Energy (SN) click here.

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