Shares of Sanchez Energy Corporation (NYSE:SN) gapped up prior to trading on Monday . The stock had previously closed at $4.81, but opened at $4.63. Sanchez Energy Corporation shares last traded at $5.03, with a volume of 3382519 shares changing hands.

SN has been the topic of several recent research reports. ValuEngine downgraded shares of Sanchez Energy Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Zacks Investment Research downgraded shares of Sanchez Energy Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $10.00 price target on shares of Sanchez Energy Corporation in a report on Thursday, July 20th. Capital One Financial Corporation downgraded shares of Sanchez Energy Corporation from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 26th. Finally, J P Morgan Chase & Co initiated coverage on shares of Sanchez Energy Corporation in a report on Friday, September 15th. They issued a “neutral” rating on the stock. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $10.44.

The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of -4.23.

Sanchez Energy Corporation (NYSE:SN) last issued its quarterly earnings results on Wednesday, August 9th. The energy producer reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.18). The company had revenue of $175.70 million for the quarter, compared to analysts’ expectations of $178.97 million. During the same period last year, the business earned ($3.20) earnings per share. The business’s revenue was up 58.3% compared to the same quarter last year. sell-side analysts forecast that Sanchez Energy Corporation will post -1.16 EPS for the current year.

In other news, VP Howard J. Sr Thill, Sr. sold 16,499 shares of the stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $4.27, for a total value of $70,450.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Antonio R. Sanchez III acquired 100,000 shares of the company’s stock in a transaction dated Wednesday, September 13th. The stock was acquired at an average cost of $4.45 per share, with a total value of $445,000.00. Following the transaction, the chief executive officer now directly owns 1,494,783 shares of the company’s stock, valued at $6,651,784.35. The disclosure for this purchase can be found here. Insiders have purchased 742,000 shares of company stock valued at $3,379,220 in the last ninety days. 14.70% of the stock is currently owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in SN. Mackay Shields LLC increased its position in shares of Sanchez Energy Corporation by 25.4% in the second quarter. Mackay Shields LLC now owns 16,611 shares of the energy producer’s stock worth $119,000 after acquiring an additional 3,362 shares in the last quarter. Legal & General Group Plc increased its position in shares of Sanchez Energy Corporation by 27.4% in the first quarter. Legal & General Group Plc now owns 17,348 shares of the energy producer’s stock worth $165,000 after acquiring an additional 3,733 shares in the last quarter. Driehaus Capital Management LLC acquired a new stake in shares of Sanchez Energy Corporation in the first quarter worth $166,000. Capital Fund Management S.A. acquired a new stake in shares of Sanchez Energy Corporation in the second quarter worth $174,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Sanchez Energy Corporation by 6.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 25,400 shares of the energy producer’s stock worth $182,000 after acquiring an additional 1,650 shares in the last quarter. 69.81% of the stock is owned by institutional investors.

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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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