Sanchez Energy Corporation (SN) had a good day on the market for Tuesday December 11 as shares jumped 29.2% to close at $0.40. About 3.73 million shares traded hands on 5,266 trades for the day, compared with an average daily volume of 3.26 million shares out of a total float of 87.54 million. After opening the trading day at $0.31, shares of Sanchez Energy Corporation stayed within a range of $0.42 to $0.31.
With today’s gains, Sanchez Energy Corporation now has a market cap of $35.02 million. Shares of Sanchez Energy Corporation have been trading within a range of $6.19 and $0.23 over the last year, and it had a 50-day SMA of $1.60 and a 200-day SMA of $3.04.
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.