Sanchez Energy (SN) Scheduled to Post Quarterly Earnings on Tuesday

Sanchez Energy (NYSE:SN) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, February 20th.

Sanchez Energy (NYSE SN) opened at $3.67 on Tuesday. The company has a market cap of $308.75, a PE ratio of 13.11 and a beta of 1.54. Sanchez Energy has a fifty-two week low of $3.58 and a fifty-two week high of $12.83. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of -3.72.

In other news, VP Gregory B. Kopel sold 7,960 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $5.61, for a total value of $44,655.60. Following the completion of the sale, the vice president now owns 109,488 shares of the company’s stock, valued at approximately $614,227.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eduardo Augusto Sanchez sold 250,337 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $4.66, for a total transaction of $1,166,570.42. Following the completion of the sale, the insider now directly owns 985,644 shares of the company’s stock, valued at approximately $4,593,101.04. The disclosure for this sale can be found here. Over the last three months, insiders sold 605,022 shares of company stock valued at $2,880,942. 14.70% of the stock is owned by corporate insiders.

SN has been the subject of several research reports. JPMorgan Chase & Co. cut shares of Sanchez Energy from a “neutral” rating to an “underweight” rating in a research report on Friday, December 15th. Zacks Investment Research raised shares of Sanchez Energy from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a research report on Thursday, October 19th. Piper Jaffray Companies reissued a “hold” rating and issued a $8.00 price objective on shares of Sanchez Energy in a research report on Tuesday, January 9th. Northland Securities set a $6.00 price objective on shares of Sanchez Energy and gave the company a “buy” rating in a research report on Monday, December 11th. Finally, BMO Capital Markets set a $5.00 price objective on shares of Sanchez Energy and gave the company a “hold” rating in a research report on Tuesday, November 14th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $7.77.

WARNING: This article was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The legal version of this article can be read at https://www.americanbankingnews.com/2018/02/13/sanchez-energy-sn-scheduled-to-post-quarterly-earnings-on-tuesday.html.

Sanchez Energy 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.

Earnings History for Sanchez Energy (NYSE:SN)

Receive News & Ratings for Sanchez Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sanchez Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply