Sanchez Energy Corporation (SN) Earns News Impact Rating of 0.05
Media stories about Sanchez Energy Corporation (NYSE:SN) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sanchez Energy Corporation earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the energy producer an impact score of 45.105471400646 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Sanchez Energy Corporation (SN) Now Covered by J P Morgan Chase & Co (americanbankingnews.com)
- Sanchez Energy Corporation (SN) Insider Buys $1,456,000.00 in Stock (americanbankingnews.com)
- Sanchez Energy Corporation (SN) EVP Patricio D. Sanchez Acquires 222,000 Shares (americanbankingnews.com)
- Sanchez Energy Corp (SN) CEO Antonio R Sanchez Iii Bought $445000 of Shares – GuruFocus.com (gurufocus.com)
- Analyzing Wall Street Targets for JONE, HES, SN, DNR, and AREX (finance.yahoo.com)
A number of equities analysts have weighed in on the stock. Seaport Global Securities cut shares of Sanchez Energy Corporation from a “buy” rating to a “sell” rating and decreased their price objective for the company from $15.00 to $5.00 in a research report on Wednesday, June 21st. Royal Bank Of Canada set a $13.00 price objective on shares of Sanchez Energy Corporation and gave the company a “buy” rating in a research report on Saturday, June 24th. BMO Capital Markets reissued a “hold” rating and issued a $5.00 price objective on shares of Sanchez Energy Corporation in a research report on Tuesday, June 27th. Zacks Investment Research raised shares of Sanchez Energy Corporation from a “strong sell” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, BidaskClub cut shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $11.71.
Shares of Sanchez Energy Corporation (NYSE SN) traded down 2.24% during midday trading on Monday, hitting $4.37. 2,763,435 shares of the stock were exchanged. Sanchez Energy Corporation has a 12-month low of $3.96 and a 12-month high of $14.39. The firm’s market cap is $334.93 million. The stock’s 50 day moving average is $4.64 and its 200 day moving average is $7.04.
Sanchez Energy Corporation (NYSE:SN) last posted its quarterly earnings results on Wednesday, August 9th. The energy producer reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.18). The business had revenue of $175.70 million for the quarter, compared to the consensus estimate of $178.97 million. Sanchez Energy Corporation’s revenue was up 58.3% on a year-over-year basis. During the same quarter last year, the company earned ($3.20) EPS. On average, equities research analysts forecast that Sanchez Energy Corporation will post ($0.81) earnings per share for the current fiscal year.
In other news, CAO Kirsten A. Hink sold 36,088 shares of Sanchez Energy Corporation stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $5.04, for a total transaction of $181,883.52. Following the sale, the chief accounting officer now directly owns 178,390 shares in the company, valued at approximately $899,085.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Patricio D. Sanchez bought 320,000 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were acquired at an average price of $4.55 per share, for a total transaction of $1,456,000.00. Following the completion of the transaction, the insider now owns 473,485 shares in the company, valued at approximately $2,154,356.75. The disclosure for this purchase can be found here. Insiders acquired a total of 742,000 shares of company stock worth $3,379,220 over the last 90 days. 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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