Sanchez Energy Announces Fourth Quarter and Full-Year 2016 Financial Results and Operations Update

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Sanchez Energy (SN) PT Raised to $18 at KLR Group; Reiterates Buy

February 23, 2017 8:03 AM EST

KLR Group raised its price target on Sanchez Energy (NYSE: SN) to $18.00 (from $17.00) while maintaining a Buy rating.

Analyst John Gerdes commented, "We are increasing our target price $1 to $18 per share due slightly higher price realizations. As a consequence of a lower margin production... More

Sanchez Energy (SN) Tops Q4 EPS by 63c

February 22, 2017 6:49 AM EST

Sanchez Energy (NYSE: SN) reported Q4 EPS of $0.73, $0.63 better than the analyst estimate of $0.10. Revenue for the quarter came in at $126 million versus the consensus estimate of $139.07 million.

Partnership with Blackstone Energy Partners (Blackstone) to acquire Anadarko Petroleum Corporation (NYSE: APC) (Anadarko) interests in the Western Eagle Ford for approximately $2.3 billion, subject to normal and customary closing conditions (the Comanche Transaction) announced January 12, 2017; Active leasing program over the last twelve months resulted in the acquisition of 65,000 acres in the oil window of the Western Eagle Ford, and... More