Stock On Watch: Time to Buy Sanchez Energy Corp After Today’s Big Increase?

Stock On Watch: Time to Buy Sanchez Energy Corp After Today's Big Increase?

The stock of Sanchez Energy Corp (NYSE:SN) is a huge mover today! About 597,519 shares traded hands. Sanchez Energy Corp (NYSE:SN) has risen 25.48% since March 16, 2016 and is uptrending. It has outperformed by 19.94% the S&P500.
The move comes after 9 months positive chart setup for the $495.73 million company. It was reported on Oct, 19 by We have $14.29 PT which if reached, will make NYSE:SN worth $441.20M more.

Analysts await Sanchez Energy Corp (NYSE:SN) to report earnings on November, 14.

Sanchez Energy Corp (NYSE:SN) Ratings Coverage

Out of 11 analysts covering Sanchez Energy Corp (NYSE:SN), 8 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 73% are positive. Sanchez Energy Corp has been the topic of 28 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Northland Capital with “Outperform” on Tuesday, August 11. CLSA upgraded the shares of SN in a report on Wednesday, August 12 to “Underperform” rating. The firm has “Outperform” rating by iBERIA Capital Partners given on Wednesday, April 27. The rating was downgraded by Iberia Capital Partners on Monday, August 17 to “Sector Perform”. The stock of Sanchez Energy Corp (NYSE:SN) earned “Hold” rating by KLR Group on Wednesday, May 11. The company was upgraded on Monday, July 18 by KLR Group. The firm earned “Neutral” rating on Wednesday, March 30 by Seaport Global. The stock of Sanchez Energy Corp (NYSE:SN) earned “Buy” rating by KLR Group on Monday, November 23. KLR Group downgraded Sanchez Energy Corp (NYSE:SN) on Thursday, October 15 to “Accumulate” rating. The company was upgraded on Wednesday, August 12 by Credit Agricole.

According to Zacks Investment Research, “Sanchez Energy Corporation is an independent oil and gas exploration and development company focused on the exploration, acquisition and development of unconventional oil and natural gas resources, primarily in the Eagle Ford Shale in South Texas. Sanchez Energy Corporation is headquartered in Houston, Texas.”

Insitutional Activity: The institutional sentiment increased to 1.51 in 2016 Q2. Its up 0.69, from 0.82 in 2016Q1. The ratio is positive, as 15 funds sold all Sanchez Energy Corp shares owned while 30 reduced positions. 24 funds bought stakes while 44 increased positions. They now own 37.89 million shares or 14.57% more from 33.08 million shares in 2016Q1.
Cornerstone Capital Ltd Liability Corporation last reported 62,500 shares in the company. Us Bancorp De holds 1,449 shares or 0% of its portfolio. Ladenburg Thalmann Inc accumulated 1,646 shares or 0% of the stock. Rhumbline Advisers accumulated 71,160 shares or 0% of the stock. Credit Suisse Ag holds 0% or 341,571 shares in its portfolio. Century Capital Management Limited Liability Corp accumulated 0.21% or 268,719 shares. Manufacturers Life The holds 0% or 38,630 shares in its portfolio. Principal Group has 0% invested in the company for 10,194 shares. Deutsche National Bank & Trust Ag last reported 0% of its portfolio in the stock. Evercore Wealth Mgmt Lc, a New York-based fund reported 4,066 shares. Voya Inv Mgmt last reported 25,906 shares in the company. Bnp Paribas Arbitrage accumulated 0% or 2,075 shares. Clough Capital Prns Limited Partnership last reported 0.44% of its portfolio in the stock. Blackrock Management Limited Company, a New Jersey-based fund reported 212,338 shares. Ameriprise Fincl last reported 772,110 shares in the company.

Insider Transactions: Since May 11, 2016, the stock had 0 buys, and 6 sales for $333,823 net activity. On Wednesday, June 1 the insider Garcia Gilbert A sold $63,885. $115,852 worth of Sanchez Energy Corp (NYSE:SN) shares were sold by Heinson Christopher. Maher Sean M also sold $32,101 worth of Sanchez Energy Corp (NYSE:SN) shares. Another trade for 977 shares valued at $6,610 was made by Hill Garrick A. on Tuesday, July 5. Shares for $63,885 were sold by Jackson Alan G. on Wednesday, June 1. Another trade for 6,349 shares valued at $51,490 was sold by Carney Thomas Brian.

Another recent and important Sanchez Energy Corp (NYSE:SN) news was published by which published an article titled: “Sanchez Energy: Breakeven Point May Approach $70 Oil” on October 13, 2016.

SN Company Profile

Sanchez Energy Corporation, incorporated on August 22, 2011, is an independent exploration and production company. The Firm is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast. The Firm focuses on the Eagle Ford Shale in South Texas and the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. The Firm has accumulated approximately 200,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale and approximately 62,000 net leasehold acres of the TMS.

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