Sanchez Energy (SN) Misses Q3 EPS by 24c, Revenues Beat

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Sanchez Energy Announces Third Quarter 2018 Financial Results and Operations Update

November 1, 2018 6:01 AM EDT

HOUSTON, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Sanchez Energy Corporation (NYSE: SN) today announced financial and operating results for third quarter 2018. Highlights include:

Production of 7.0 million barrels of oil equivalent (MMBoe), or 75,750 barrels of oil equivalent per day (Boe/d); October 2018 production exceeded 80,000 Boe/d, as a focus on drilling the Lower Eagle Ford formation at Comanche, implementation of operational initiatives aimed at improving production results and continued drilling success at Catarina combined to yield production recovery and gains over the third quarter 2018; Revenues of approximately... More