Sanchez Energy Corp. (NYSE:SN)’s share price traded up 4.9% during trading on Friday . The stock traded as high as $8.93 and last traded at $8.92, with a volume of 1,218,310 shares trading hands. The stock had previously closed at $8.50.

A number of equities analysts have recently issued reports on the company. Vetr downgraded Sanchez Energy Corp. from a “strong-buy” rating to a “buy” rating and set a $9.00 price objective for the company. in a research report on Friday, August 12th. Zacks Investment Research upgraded Sanchez Energy Corp. from a “hold” rating to a “buy” rating and set a $9.00 price objective for the company in a research report on Thursday, May 19th. National Securities assumed coverage on Sanchez Energy Corp. in a research report on Monday, June 27th. They set a “buy” rating and a $9.00 price objective for the company. FBR & Co restated a “buy” rating on shares of Sanchez Energy Corp. in a research report on Wednesday, July 20th. Finally, KLR Group downgraded Sanchez Energy Corp. from a “buy” rating to an “accumulate” rating and set a $10.00 price objective for the company. in a research report on Friday, August 19th. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $7.84.

The stock’s 50-day moving average is $7.47 and its 200 day moving average is $6.86. The company’s market cap is $513.63 million.

Sanchez Energy Corp. (NYSE:SN) last issued its earnings results on Monday, August 8th. The company reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $3.11. The company earned $111 million during the quarter, compared to the consensus estimate of $121.61 million. During the same period in the previous year, the company earned ($0.43) EPS. Equities analysts forecast that Sanchez Energy Corp. will post ($0.18) EPS for the current year.

Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Company focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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