Houston-based energy co. to be delisted from NYSE

The New York Stock Exchange has started the process to delist Houston-based Sanchez Energy Corp. (NYSE: SN), according to a Feb. 20 filing with the U.S. Securities and Exchange Commission. 

Previously, Sanchez Energy had received two delisting warnings for two separate reasons. The company received a notice on Dec. 18 that it did not meet the NYSE continued listing standard requiring a 30-day average closing price of at least $1 per share. Next, the company received a notice Jan. 3 because it no…

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