KLR Group Downgrades Sanchez Energy (SN) to Hold

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Sanchez Energy Announces First Quarter 2016 Operating and Financial Results

May 9, 2016 7:01 AM EDT

HOUSTON, TX -- (Marketwired) -- 05/09/16 --  Sanchez Energy Corporation (NYSE: SN) ("Sanchez Energy" or the "Company"), today announced operating and financial results for the first quarter 2016. Highlights include:

Total production of 5.1 million barrels of oil equivalent ("MMBoe") during the first quarter 2016, up approximately 26% over the first quarter 2015 Average production of approximately 56,500 barrels of oil equivalent per day ("Boe/d"), which exceeded the high end of the Company's guidance of 48,000 to 52,000 Boe/d for the first quarter 2016 by over 8.5%... More