Current SN Stock Info

$450 million capital budget for 2018
Eagle Ford juggernaut Sanchez Energy (ticker: SN) reported fourth quarter results and year end reserves today, reporting a net loss of $79.4 million, or ($1.01) per share, for the quarter and a net loss of $35.1 million, ($0.46) per share, for 2017.

Most of this quarterly loss is due to losses on derivatives, and after adjusting for this and other one-time charges Sanchez reported adjusted earnings of $21.8 million.

Q4 production nearly reached 82,000 BOEPD, right on target with the company’s 80,000-8...

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