Sanchez Energy Corporation (SN) had a rough trading day for Tuesday December 18 as shares tumbled 11.08%, or a loss of $-0.0399 per share, to close at $0.32. After opening the day at $0.36, shares of Sanchez Energy Corporation traded as high as $0.38 and as low as $0.31. Volume was 2.88 million shares over 4,817 trades, against an average daily volume of 3.21 million shares and a total float of 87.54 million.
As a result of the decline, Sanchez Energy Corporation now has a market cap of $28.02 million. In the last year, shares of Sanchez Energy Corporation have traded between a range of $6.19 and $0.23, and its 50-day SMA is currently $1.40 and 200-day SMA is $2.96.
Sanchez Energy Corp is a United States-based independent exploration and production company. It is focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with the focus on the horizontal development of significant resource potential 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. The company evaluates opportunities to increase both its acreage and producing assets through acquisitions.
Sanchez Energy Corporation is based out of Houston, TX and has some 0 employees. Its CEO is Antonio R. Sanchez.
