Exploration & Production | Quarterly / Earnings Reports | Production | Third Quarter (3Q) Update
Sanchez Ups 3Q Revenue 120% to Record $207.4 Million
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Sanchez Energy Corporation has reported the company's operating and financial results for the third quarter 2014.
The company also unveiled initial plans for 2015 spending.
Highlights: Record revenues of $207.4 million, an increase of 120% over the same period a year ago Record production of 3,552 MBOE; an average for the period of 38,613 BOE/D Net income attributable to common stockholders of $42.7 million, as compared to a net loss attributable to common stockholders of $1.6 million reported over the same period a year ago, resulting in basic and diluted earnings per share of $0.77 and $0.69, respectively Adjusted EBITDA, a non-GAAP financial measure defined below, of $148.2 million, an increase of 132% over the same period a year ago Adjusted Net Income, a non-GAAP financial measure…Finish this article — free account or subscription
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