Sanchez Energy Corp (NYSE:SN) – Equities research analysts at Capital One Financial raised their Q4 2017 earnings per share estimates for Sanchez Energy in a note issued to investors on Tuesday. Capital One Financial analyst P. Johnston now expects that the energy producer will post earnings per share of $0.10 for the quarter, up from their previous estimate of $0.02. Capital One Financial also issued estimates for Sanchez Energy’s Q1 2018 earnings at $0.21 EPS and FY2018 earnings at $1.63 EPS.

A number of other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. lowered Sanchez Energy from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. Zacks Investment Research upgraded 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 restated a “hold” rating and set 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 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 Sanchez Energy and gave the company a “hold” rating in a research report on Tuesday, November 14th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $7.77.

Shares of Sanchez Energy (NYSE:SN) opened at $3.76 on Thursday. Sanchez Energy has a 12 month low of $3.58 and a 12 month high of $13.30. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of -3.72. The stock has a market capitalization of $315.48, a price-to-earnings ratio of 13.43 and a beta of 1.54.

Several large investors have recently made changes to their positions in the stock. Wells Fargo & Company MN lifted its holdings in shares of Sanchez Energy by 52.2% in the 4th quarter. Wells Fargo & Company MN now owns 1,710,884 shares of the energy producer’s stock valued at $9,085,000 after acquiring an additional 586,756 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Sanchez Energy by 55.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 162,600 shares of the energy producer’s stock valued at $863,000 after acquiring an additional 58,290 shares during the last quarter. Teacher Retirement System of Texas bought a new position in shares of Sanchez Energy in the 4th quarter valued at about $131,000. Cpwm LLC lifted its holdings in shares of Sanchez Energy by 70.5% in the 4th quarter. Cpwm LLC now owns 310,865 shares of the energy producer’s stock valued at $1,651,000 after acquiring an additional 128,509 shares during the last quarter. Finally, Kovack Advisors Inc. bought a new position in shares of Sanchez Energy in the 4th quarter valued at about $255,000. 58.77% of the stock is owned by hedge funds and other institutional investors.

In related news, CAO Kirsten A. Hink sold 9,949 shares of the stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $5.22, for a total value of $51,933.78. Following the completion of the transaction, the chief accounting officer now owns 157,261 shares of the company’s stock, valued at approximately $820,902.42. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Eduardo Augusto Sanchez sold 250,337 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $4.66, for a total transaction of $1,166,570.42. Following the completion of the transaction, 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. In the last 90 days, insiders have sold 605,022 shares of company stock valued at $2,880,942. Company insiders own 14.70% of the company’s stock.

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About Sanchez Energy

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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