Sanchez Production Partners (SNMP) Set to Announce Earnings on Friday

Sanchez Production Partners (NYSEAMERICAN:SNMP) is scheduled to be announcing its earnings results before the market opens on Friday, November 9th.

Sanchez Production Partners (NYSEAMERICAN:SNMP) last announced its quarterly earnings results on Thursday, August 9th. The basic materials company reported ($0.85) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.38) by ($0.47). The business had revenue of $17.04 million during the quarter.

Shares of Sanchez Production Partners stock opened at $7.46 on Friday. Sanchez Production Partners has a fifty-two week low of $6.55 and a fifty-two week high of $13.25.

Separately, Stephens set a $16.00 price objective on Sanchez Production Partners and gave the company a “buy” rating in a report on Friday, August 17th.

In other news, COO Patricio D. Sanchez sold 10,000 shares of the business’s stock in a transaction on Monday, August 13th. The stock was sold at an average price of $10.10, for a total transaction of $101,000.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Antonio R. Sanchez III sold 15,000 shares of the business’s stock in a transaction on Monday, August 20th. The stock was sold at an average price of $9.97, for a total value of $149,550.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 50,000 shares of company stock valued at $478,300.

Sanchez Production Partners Company Profile

Sanchez Midstream Partners LP engages in the acquisition, development, ownership, and operation of midstream and other energy-related assets in the United States. It operates in two segments, Midstream and Production. The Midstream segment engages in gathering, processing, and transporting natural gas, NGLs, and oil.

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Earnings History for Sanchez Production Partners (NYSEAMERICAN:SNMP)

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