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Oil Gas Drilling Exploration

SSN is a symbol for Oil gas drilling Exploration, with its headquarters in Houston, Texas, USA. The company focuses on exploring, drilling, acquiring, and developing oil and gas reserves in the United States.

Here's an overview of the company's profile, earnings, and growth:

1. General Information:

Company Name: Sanchez Energy Corporation (previously known as Taurus Exploration, Inc.)

Industry: Energy

Sector: Oil and Gas Pipelines

2. Market Information:

Ticker Symbol: SSN

Exchange: OTCMKTS (Over-the-counter market)

Market Capitalization: As of March 1, 2023, the market capitalization was around $17.07 million.

3. Financial Performance (numeric values are subject to change and may not reflect the current numbers):

As of 2022's third quarter, Sanchez Energy reported $125 million in revenue and a net loss of around $28 million. The net loss was reduced from around $136 million during the same period in the prior year.

4. Stock Performance:

As of March 1, 2013, SSN stock closed at $0.0161.

Maximum value in 52 weeks: $0.067

Minimum value in 52 weeks: $0.004

5. Growth Prospects and Future Outlook:

Sanchez Energy has been working to overcome financial difficulties, including debt restructuring and cost-cutting initiatives. The company is focusing on improving its balance sheet and has engaged in strategic transactions to optimize its asset base. During 2022, the company managed to decrease its total debt by approximately $23 million. While challenges still exist, Sanchez Energy is striving towards long-term improvement.

6. Key Executives:

Lee D. Payne, Interim CEO and CFO

Before December 2022, Donald M. Everets served as the CEO.

7. Operations:

Sanchez Energy primarily focuses on participating in oil and natural gas assets in the Gulf Coast region, particularly in Louisiana and Texas. The company targets exploration prospects that offer multiple pay zones or significant upside potential. The strategy involves being a non-operator in drilling and completing wells, dealing with well-established operators with successful track records. Additionally, the company acquires properties with proved developed producing reserves, maximizing shareholder value.

To learn more about Sanchez Energy Corporation (SSN), you can visit their website at

www.sanchezenergycorp.com and review their filings with the Securities and Exchange Commission (SEC), which are available on their investor relations page or through the EDGAR database.

Remember to do your due diligence before making investment decisions.

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