Sanchez Energy (SN) Misses Q2 EPS Expectations

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Go back to Sanchez Energy (SN) Misses Q2 EPS Expectations

Sanchez Energy Announces Second Quarter 2016 Operating and Financial Results

August 8, 2016 6:45 AM EDT

HOUSTON, Aug. 08, 2016 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE: SN) (Sanchez Energy or the Company), today announced operating and financial results for the second quarter 2016.  Highlights include:

Sanchez Energy plans to increase its 2016 upstream capital spending by up to $50 million, to a range of between $250 million to $300 million, which positions the Company to be able to deliver total production growth of between 5% and 8% in 2017;  Total production of 5.1 million barrels of oil equivalent (MMBoe) during the second quarter 2016, up approximately 4% over the second quarter 2015; Average production of... More