Sanchez Energy ipo stock ticker symbol : Sanchez Energy Corporation announced today the pricing of the initial public offering of 10,000,000 shares of its common stock at $22.00 per share for net proceeds, after underwriting discounts and commissions and estimated offering expenses, of approximately $203 million.
The shares begin trading on the New York Stock Exchange on December 14, 2011 under the ticker symbol "SN." In addition, Sanchez granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock, on the same terms and conditions, to cover over-allotments, if any. The offering is expected to close on December 19, 2011, subject to customary closing conditions. For the latest updates on the stock market, visit Stock Market Today
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