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

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Sanchez Energy (NYSE:SN) will release its earnings data before the market opens on Thursday, November 1st. Analysts expect Sanchez Energy to post earnings of ($0.04) per share for the quarter.

Sanchez Energy (NYSE:SN) last issued its earnings results on Tuesday, August 7th. The energy producer reported ($0.26) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.33). Sanchez Energy had a negative return on equity of 8.74% and a negative net margin of 15.50%. The business had revenue of $259.31 million during the quarter, compared to the consensus estimate of $252.49 million. On average, analysts expect Sanchez Energy to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSE SN opened at $1.55 on Wednesday. Sanchez Energy has a 52-week low of $1.36 and a 52-week high of $6.19. The stock has a market capitalization of $160.88 million, a price-to-earnings ratio of -4.50 and a beta of 1.69.

A number of brokerages have issued reports on SN. SunTrust Banks set a $2.00 target price on shares of Sanchez Energy and gave the stock a “hold” rating in a report on Tuesday, October 23rd. Piper Jaffray Companies reissued a “hold” rating and issued a $3.00 target price on shares of Sanchez Energy in a report on Thursday, August 30th. ValuEngine raised shares of Sanchez Energy from a “sell” rating to a “hold” rating in a report on Friday, August 17th. BMO Capital Markets reissued a “hold” rating and issued a $4.00 target price on shares of Sanchez Energy in a report on Monday, August 13th. Finally, Northland Securities reissued a “hold” rating and issued a $3.00 target price on shares of Sanchez Energy in a report on Thursday, August 9th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the company. Sanchez Energy currently has a consensus rating of “Hold” and an average target price of $3.88.

In other news, CAO Kirsten A. Hink sold 8,486 shares of Sanchez Energy stock in a transaction that occurred on Thursday, August 2nd. The stock was sold at an average price of $4.41, for a total transaction of $37,423.26. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Howard J. Sr Thill, Sr. sold 21,877 shares of Sanchez Energy stock in a transaction that occurred on Monday, October 15th. The shares were sold at an average price of $2.46, for a total value of $53,817.42. Following the sale, the chief financial officer now directly owns 348,373 shares in the company, valued at approximately $856,997.58. The disclosure for this sale can be found here. Insiders own 11.12% of the company’s stock.

About Sanchez Energy

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition and development of U.S. onshore unconventional oil and natural gas resources. It engages in the horizontal development of resources from the Eagle Ford Shale in South Texas. It also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana.

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Earnings History for Sanchez Energy (NYSE:SN)

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