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Sanchez Midstream Partners LP

Company Summary

Description

Sanchez Midstream Partners LP (NYSE MKT: SNMP) is a publicly-traded limited partnership focused on the acquisition, development, ownership and operation of midstream and other energy related assets. The Partnership has ownership stakes in oil and natural gas gathering systems, natural gas pipelines, and a natural gas processing facility, all located in the Western Eagle Ford in South Texas.

Website

http://www.sanchezmidstream.com/

Operational Regions

  • Eagle Ford

Financial Data:

NYSE:SNMP from Google Finance
AMEX:SPP from Google Finance

Tickers:

  • SNMP - New York Stock Exchange
  • SPP - American Stock Exchange

Related Entities

Recent news

  • 2/17/2021 - Sanchez Midstream... (subscriber access)
  • 4/8/2020 - Sanchez Midstream... (subscriber access)
  • 5/23/2018 - Sanchez & Targa Expand South Texas Midstream Joint Venture
  • 11/14/2017 - Sanchez Midstream... (subscriber access)
  • 11/14/2017 - Sanchez Midstream Closes... (subscriber access)

Investor Presentations

Company Transactions

Date: 5/23/2018
Type: Joint Venture

BUYERS:
  • Targa Resources Corp.
  • Sanchez Midstream Partners LP
    • SELLERS:
  • Carnero Gathering, LLC
  • Carnero Processing, LLC
  • Carnero Midstream Joint Venture
    • ASSETS:
  • Raptor Gas Processing Plant
  • Carnero Natural Gas Pipeline
  • Silver Oak II Natural Gas Plant
    • DETAILS:
    REGIONS:
  • Eagle Ford

    • Date: 9/15/2017
    Type: Acquisition

    SELLERS:
  • Sanchez Midstream Partners LP
    • DETAILS:

    COST: 6.3 $MM

    NOTES:
    The Partnership has entered into a definitive agreement to sell certain of its non-core, non-operated production assets located in Texas to a private buyer for approximately $6.3 million,
    REGIONS:
  • Texas and Producing Region

    • Date: 7/18/2017
    Type: Acquisition

    SELLERS:
  • Sanchez Midstream Partners LP
    • DETAILS:

    COST: 5.5 $MM

    NOTES:
    These Oklahoma production assets were initially offered for sale in March 2015 and are considered non-core to the business of SNMP.
    REGIONS:
  • Midcontinent

    • Date: 11/15/2016
    Type: Acquisition

    BUYERS:
  • Sanchez Midstream Partners LP
    • SELLERS:
  • Mesquite Energy, Inc.
  • Carnero Gathering, LLC
  • Carnero Processing, LLC
    • ASSETS:
  • Carnero Natural Gas Pipeline
    • PROJECTS:
  • Raptor Processing Plant
    • DETAILS:

    COST: 106 $MM

    VOLUMES: 125 Mmcf/d

    REGIONS:
  • Eagle Ford
  • Gulf Coast