Sanchez Energy Corporation (SN) was a big mover last session, as its shares rose almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $25.98 to $30.57 in the past one-month timeframe.
In the last 30 days, the company witnessed one negative estimate revision and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.
Sanchez Energy currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Other better-ranked stocks in the U.S. oil exploration and production industry include Encana Corporation (ECA), Ultra Petroleum Corp. (UPL) and Athlon Energy Inc. (ATHL). All three carry a Zacks Rank #1 (Strong Buy).
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