Sanchez Production Partners LP (NYSEMKT:SPP) to Release Earnings on Tuesday
Sanchez Production Partners LP (NYSEMKT:SPP) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, August 15th.
Shares of Sanchez Production Partners LP (SPP) opened at 14.00 on Tuesday. The company’s 50 day moving average price is $14.23 and its 200-day moving average price is $13.30. Sanchez Production Partners LP has a 52 week low of $9.76 and a 52 week high of $15.92.
Separately, Zacks Investment Research upgraded Sanchez Production Partners from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Thursday, May 4th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Sanchez Production Partners currently has an average rating of “Buy” and a consensus price target of $15.50.
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Sanchez Production Partners Company Profile
Sanchez 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.
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