On May 7, Sanchez Energy Corp. (NYSE: SN) detailed its financial results for first-quarter 2014, which ended March 31, the company said. The capex amount for the quarter was about $103 million, and the company incurred about $152 in additional capex during that time, Sanchez Energy said.

Revenue for the quarter was $134.6 million, the company said, noting that this amount had increased 334% over first-quarter 2013’s revenue. The increase was due to 172 new gross wells drilled since that time, Sanchez Energy said, noting that this amount included 103 gross wells from ongoing operations and 69 gross wells from newly acquired properties.

The company had more monies from assets at the end of the quarter compared to first-quarter 2013. There was $1,680,781 in total assets compared to $1,629,153 in first-quarter 2013.

Production volumes were higher during the most recent quarter compared to first-quarter 2013, the company said. The volume of oil was 1,219 thousand barrels of oil equivalent (Mboe), compared to 277 Mboe; the volume of NGL was 252 thousand barrels (Mbbl) compared to 42 Mbbl, the company said. The volume of natural gas, in millions of cubic feet (MMcf) was 1,322 MMcf compared to 219 MMcf, the company added.

Regarding commodities, prices varied over the quarter. The price of oil, $98.21 per barrel, had decreased from first-quarter 2013’s $105.91 per barrel; The price per barrel of NGL had risen to $33.74 from $22.36 and the price of natural gas, per thousand cubic feet, had risen to $4.84 from $3.57, the company said.

Sanchez Energy had hedged the prices of crude oil and natural gas prior after the end of the quarter, the company said. For the year, about 3.5 million barrels of crude oil and 3.3 billion cubic feet of natural gas are forecast, Sanchez said. This is about 4 million boe, and represents about 50% of total anticipated production, the company added.

Houston-based Sanchez Energy Corp. operates primarily in the Tuscaloosa Marine Shale and the Eagle Ford.