Sanchez Production Partners (SPP) Reports Q3 EPS of $0.55

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Go back to Sanchez Production Partners (SPP) Reports Q3 EPS of $0.55

Sanchez Production Partners Reports Third Quarter 2015 Results; Announces Unit Repurchase Program and 2016 Forecast

November 12, 2015 4:15 PM EST

HOUSTON, TX -- (Marketwired) -- 11/12/15 -- Sanchez Production Partners LP (NYSE MKT: SPP) ("SPP" or the "Partnership") today reported third quarter 2015 results, announced plans to implement a unit repurchase program, and provided a base case forecast for 2016. Highlights from the report include:

An initial distribution declared on the Partnership's common units of $0.40 per unit ($1.60 per unit annualized)Implementation of a unit repurchase program of up to $10 million beginning in the fourth quarter... More