Sanchez Production Partners LP Company Profile (NYSEMKT:SPP)

About Sanchez Production Partners LP (NYSEMKT:SPP)

Sanchez Production Partners LP logoSanchez Midstream Partners LP, formerly Sanchez Production Partners LP, is focused on the acquisition, development, ownership and operation of midstream and other energy producing assets. The Company operates through two segments: the exploration and production of oil and natural gas, and the midstream business, which includes the Catarina gathering system. The Exploration and Production segment explores for and produces crude oil and natural gas. The Midstream segment operates the gathering, processing and transportation of crude oil, natural gas liquids (NGLs) and natural gas. The exploration and production business includes oil and natural gas reserves located in the Eagle Ford Shale in South Texas and in other areas of Texas and Louisiana, as well as properties in the Mid-Continent region. The Company's total estimated proved reserves total over 11.6 million barrels of oil equivalent (MMBoe). It owns approximately 1,992 net producing wells.

Industry, Sector and Symbol:
  • Sector: Energy
  • Industry: Natural Gas Exploration & Production - Onshore
  • Sub-Industry: N/A
  • Symbol: NYSEMKT:SPP
  • CUSIP: N/A
  • Web: www.sanchezproductionpartner...
Average Prices:
  • 50 Day Moving Avg: $10.24
  • 200 Day Moving Avg: $12.68
  • 52 Week Range: $9.35 - $15.92
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -50.00
  • P/E Growth: 0.00
Dividend:
  • Dividend Yield: 13.8%
Profitability:
  • Net Margins: 2.23%
  • Return on Assets: 0.41%
Misc:
  • Average Volume: 51,197 shs.
 

Frequently Asked Questions for Sanchez Production Partners LP (NYSEMKT:SPP)

What is Sanchez Production Partners LP's stock symbol?

Sanchez Production Partners LP trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "SPP."

How often does Sanchez Production Partners LP pay dividends? What is the dividend yield for Sanchez Production Partners LP?

Sanchez Production Partners LP declared a dividend on Wednesday, May 10th. Stockholders of record on Monday, May 22nd will be given a dividend of $0.4375 per share on Wednesday, May 31st. The ex-dividend date of this dividend is Thursday, May 18th. This is a boost from Sanchez Production Partners LP's previous dividend of $0.43. View Sanchez Production Partners LP's Dividend History.

How will Sanchez Production Partners LP's stock buyback program work?

Sanchez Production Partners LP declared that its board has authorized a share buyback plan on Sunday, June 4th 2017, which authorizes the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Sanchez Production Partners LP's earnings last quarter?

Sanchez Production Partners LP (NYSEMKT:SPP) posted its earnings results on Friday, August, 12th. The company reported ($4.37) EPS for the quarter. The firm had revenue of $12.35 million for the quarter, compared to analyst estimates of $4.78 million. View Sanchez Production Partners LP's Earnings History.

When will Sanchez Production Partners LP make its next earnings announcement?

Sanchez Production Partners LP is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Sanchez Production Partners LP.

Where is Sanchez Production Partners LP's stock going? Where will Sanchez Production Partners LP's stock price be in 2017?

5 brokers have issued 1-year price objectives for Sanchez Production Partners LP's shares. Their forecasts range from $13.00 to $18.00. On average, they anticipate Sanchez Production Partners LP's share price to reach $15.33 in the next year. View Analyst Ratings for Sanchez Production Partners LP.

Who are some of Sanchez Production Partners LP's key competitors?

Who are Sanchez Production Partners LP's key executives?

Sanchez Production Partners LP's management team includes the folowing people:

  • Antonio R. Sanchez III, Chairman of the Board of the Managers
  • Patricio D. Sanchez, President, Chief Operating Officer, Director of the General Partner
  • Gerald F. Willinger, Chief Executive Officer, Manager of the General Partner
  • Charles C. Ward, Chief Financial Officer, Treasurer, Secretary
  • Kirsten A. Hink, Chief Accounting Officer of the General Partner
  • G. M. Byrd Larberg, Lead Independent Manager
  • John Patrick Howell, Manager
  • Eduardo Augusto Sanchez, Manager
  • Luke Taylor, Manager
  • Alan S. Bigman, Independent Manager

Who owns Sanchez Production Partners LP stock?

Sanchez Production Partners LP's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (0.00%), Stonepeak GP Investors Manager LLC (0.00%), Yorkville Capital Management LLC (0.00%), Wells Fargo & Company MN (0.00%), Bamco Inc. NY (0.00%) and JPMorgan Chase & Co. (0.00%). Company insiders that own Sanchez Production Partners LP stock include Antonio R Sanchez III, Eduardo Augusto Sanchez, Gerald F Willinger and Patricio D Sanchez. View Institutional Ownership Trends for Sanchez Production Partners LP.

Who sold Sanchez Production Partners LP stock? Who is selling Sanchez Production Partners LP stock?

Sanchez Production Partners LP's stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, JPMorgan Chase & Co., Wells Fargo & Company MN, Parkwood LLC, ELCO Management Co. LLC and Penn Capital Management Co. Inc.. Company insiders that have sold Sanchez Production Partners LP stock in the last year include Antonio R Sanchez III, Eduardo Augusto Sanchez, Gerald F Willinger and Patricio D Sanchez. View Insider Buying and Selling for Sanchez Production Partners LP.

Who bought Sanchez Production Partners LP stock? Who is buying Sanchez Production Partners LP stock?

Sanchez Production Partners LP's stock was bought by a variety of institutional investors in the last quarter, including Stonepeak GP Investors Manager LLC, Arrow Investment Advisors LLC, Yorkville Capital Management LLC, Goldman Sachs Group Inc., Bank of Montreal Can and Royal Bank of Canada. View Insider Buying and Selling for Sanchez Production Partners LP.

How do I buy Sanchez Production Partners LP stock?

Shares of Sanchez Production Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sanchez Production Partners LP's stock price today?

One share of Sanchez Production Partners LP stock can currently be purchased for approximately $14.00.


MarketBeat Community Rating for Sanchez Production Partners LP (NYSEMKT SPP)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  49 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  88
MarketBeat's community ratings are surveys of what our community members think about Sanchez Production Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Sanchez Production Partners LP (NYSEMKT:SPP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $15.33

Analysts' Ratings History for Sanchez Production Partners LP (NYSEMKT:SPP)
Show:
DateFirmActionRatingPrice TargetDetails
4/7/2017Royal Bank Of CanadaReiterated RatingBuy$18.00View Rating Details
1/12/2017Citigroup Inc.Initiated CoverageNeutral$13.00View Rating Details
12/19/2016Bank of America CorporationInitiated CoverageBuyView Rating Details
12/13/2016StephensInitiated CoverageOverweightView Rating Details
12/13/2016Seaport Global SecuritiesInitiated CoverageBuy$15.00View Rating Details
2/29/2016Noble FinancialReiterated RatingBuy$29.00 -> $25.00View Rating Details
(Data available from 9/25/2015 forward)

Earnings

Earnings History for Sanchez Production Partners LP (NYSEMKT:SPP)
Earnings by Quarter for Sanchez Production Partners LP (NYSEMKT:SPP)
Earnings History by Quarter for Sanchez Production Partners LP (NYSEMKT SPP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017N/AView Earnings Details
8/12/2016Q216($4.37)$4.78 million$12.35 millionViewListenView Earnings Details
5/16/2016Q116($3.91)$11.92 million$23.17 millionViewListenView Earnings Details
3/30/2016Q415($19.95)$32.10 million$26.10 millionViewListenView Earnings Details
11/12/2015Q315$0.55$21.40 million$25.63 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sanchez Production Partners LP (NYSEMKT:SPP)
Current Year EPS Consensus Estimate: $-1.97 EPS
Next Year EPS Consensus Estimate: $-0.28 EPS

Dividends

Dividend History by Quarter for Sanchez Production Partners LP (NYSEMKT SPP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2017$0.445/18/20175/22/20175/31/2017
2/9/2017$0.432/15/20172/20/20172/28/2017
10/31/2016$0.4211/8/201611/10/201611/30/2016
8/10/2016$0.428/18/20168/22/20168/31/2016
5/10/2016$0.415/18/20165/20/20165/31/2016
2/9/2016$0.412/17/20162/19/20162/29/2016
11/10/2015$0.4011/18/201511/20/201511/30/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sanchez Production Partners LP (NYSEMKT:SPP)
Insider Trades by Quarter for Sanchez Production Partners LP (NYSEMKT:SPP)
Institutional Ownership by Quarter for Sanchez Production Partners LP (NYSEMKT:SPP)
Insider Trades by Quarter for Sanchez Production Partners LP (NYSEMKT:SPP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/9/2017Gerald F WillingerCEOSell4,500$13.92$62,640.00View SEC Filing  
5/8/2017Gerald F WillingerCEOSell2,722$13.92$37,890.24View SEC Filing  
5/2/2017Antonio R. Sanchez IIIDirectorSell15,000$13.96$209,400.00View SEC Filing  
5/1/2017Antonio R. Sanchez IIIDirectorSell9,000$13.97$125,730.00View SEC Filing  
4/24/2017Eduardo Augusto SanchezDirectorSell15,000$13.97$209,550.00View SEC Filing  
4/17/2017Patricio D. SanchezCOOSell15,000$14.16$212,400.00View SEC Filing  
7/24/2015Anton Michel AyoubDirectorBuy3,000$0.03$90.00
7/21/2015Anton Michel AyoubDirectorBuy2,000$0.03$60.00
7/16/2015Anton Michel AyoubDirectorBuy3,000$0.03$90.00
7/3/2015Anton Michel AyoubDirectorBuy2,000$0.03$60.00
6/30/2015Anton Michel AyoubDirectorBuy4,000$0.03$100.00
6/26/2015Anton Michel AyoubDirectorBuy2,000$0.03$50.00
6/10/2015John Michael LorenzoDirectorBuy25,000$0.03$625.00
5/15/2015John Michael LorenzoDirectorBuy20,000$0.03$500.00
5/12/2015John Michael LorenzoDirectorBuy20,000$0.03$500.00
5/11/2015John Michael LorenzoDirectorBuy15,000$0.03$375.00
4/22/2015Anton Michel AyoubDirectorBuy2,000$0.03$60.00
4/16/2015Anton Michel AyoubDirectorBuy2,000$0.03$60.00
4/9/2015John Michael LorenzoDirectorBuy25,000$0.04$875.00
4/6/2015Anton Michel AyoubDirectorBuy2,000$0.04$80.00
4/2/2015John Michael LorenzoDirectorBuy30,000$0.04$1,050.00
3/30/2015Anton Michel AyoubDirectorBuy2,000$0.03$60.00
3/25/2015Anton Michel AyoubDirectorBuy3,000$0.03$90.00
3/11/2015Anton Michel AyoubDirectorBuy3,000$0.04$105.00
2/23/2015John Michael LorenzoDirectorBuy30,000$0.03$750.00
12/15/2014Anton Michel AyoubDirectorBuy5,000$0.03$125.00
12/10/2014Anton Michel AyoubDirectorBuy15,000$0.03$375.00
11/19/2014John Michael LorenzoDirectorBuy50,000$0.03$1,500.00
10/28/2014John Michael LorenzoDirectorBuy30,000$0.04$1,050.00
10/23/2014John Michael LorenzoDirectorBuy25,000$0.04$875.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sanchez Production Partners LP (NYSEMKT:SPP)
Latest Headlines for Sanchez Production Partners LP (NYSEMKT:SPP)
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This page was last updated on 9/25/2017 by MarketBeat.com Staff