Sanchez Energy Corporation (SN) Receives News Impact Rating of 0.10
Media headlines about Sanchez Energy Corporation (NYSE:SN) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sanchez Energy Corporation earned a news impact score of 0.10 on Accern’s scale. Accern also assigned headlines about the energy producer an impact score of 44.8706100207638 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Sanchez Energy Corporation (NYSE SN) traded down 1.07% on Friday, reaching $4.61. The company’s stock had a trading volume of 2,286,475 shares. The company’s market cap is $353.33 million. Sanchez Energy Corporation has a 12 month low of $3.96 and a 12 month high of $14.39. The stock’s 50 day moving average price is $4.57 and its 200 day moving average price is $6.87.
Sanchez Energy Corporation (NYSE:SN) last issued its quarterly earnings results on Wednesday, August 9th. The energy producer reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.18). The business had revenue of $175.70 million during the quarter, compared to analysts’ expectations of $178.97 million. During the same period in the prior year, the firm posted ($3.20) EPS. The company’s revenue for the quarter was up 58.3% on a year-over-year basis. Equities research analysts forecast that Sanchez Energy Corporation will post ($0.85) earnings per share for the current year.
A number of brokerages recently commented on SN. Royal Bank Of Canada set a $13.00 price objective on Sanchez Energy Corporation and gave the stock a “buy” rating in a research note on Saturday, June 24th. Piper Jaffray Companies reaffirmed a “neutral” rating and set a $6.00 price objective (down from $14.00) on shares of Sanchez Energy Corporation in a research note on Monday, September 18th. BMO Capital Markets reaffirmed a “hold” rating and set a $5.00 price objective on shares of Sanchez Energy Corporation in a research note on Tuesday, June 27th. J P Morgan Chase & Co began coverage on Sanchez Energy Corporation in a research note on Friday, September 15th. They set a “neutral” rating for the company. Finally, ValuEngine cut Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $11.71.
In other news, VP Kirsten A. Hink sold 38,634 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $5.02, for a total transaction of $193,942.68. Following the transaction, the vice president now owns 178,390 shares of the company’s stock, valued at approximately $895,517.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Antonio R. Sanchez III acquired 100,000 shares of the business’s stock in a transaction dated Wednesday, September 13th. The shares were bought at an average cost of $4.45 per share, for a total transaction of $445,000.00. Following the transaction, the chief executive officer now directly owns 1,494,783 shares in the company, valued at $6,651,784.35. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 742,000 shares of company stock valued at $3,379,220. Company insiders own 14.70% of the company’s stock.
Sanchez Energy Corporation Company Profile
Sanchez Energy Corporation is an independent exploration and production company. The Company is focused on the acquisition and development of the United States onshore unconventional oil and natural gas resources. The Company primarily focuses on the Eagle Ford Shale in South Texas. The Company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.
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