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Published: Thu, February 16, 2017
Economy | By Melissa Porter

Can Spectra Energy Corp. (NYSE:SE) Add to its Stock After Earnings?

Can Spectra Energy Corp. (NYSE:SE) Add to its Stock After Earnings?

The stock presently has a PEG Ratio of 3.21. GRT Capital Partners L.L.C. owned approximately 1.97% of Sanchez Energy Corporation worth $10,548,000 as of its most recent filing with the SEC.

Several large investors have recently made changes to their positions in the stock. The stock grabbed 28 new institutional investments totaling 1,886,789 shares while 17 institutional investors sold out their entire positions totaling 915,566 shares.

SPECTRA ENERGY PERTNERS LP is a growth oriented, DE master limited partnership recently formed by Spectra Energy Corp, headquartered in Houston, Texas, to own and operate natural gas transportation and storage assets. BlackRock Group LTD acquired a new position in shares of Resolute Energy Corporation during the third quarter valued at approximately $140,000. Finally, Kalos Management Inc. boosted its position in Sanchez Energy Corporation by 23.7% in the second quarter. The stock witnessed 12.1% gains, 94.74% gains and 47.89% gains for the 1-month, 3-month and 6-month period, respectively.

Resolute Energy Corporation (NYSE:REN) last announced its quarterly earnings results on Monday, November 7th.

Zacks provides a simpler approach for understanding analyst recommendations on stocks, using an integer based system which converts each recommendation into a 1-5 average, where 1 represents a Strong Buy and 5 a Strong Sell. The company's market capitalization is $1.32 billion. The higher price target estimate for the stock has been calculated at $57 while the lower price target estimate is at $43.

SN has been the subject of a number of analyst reports. If you are reading this article on another site, it was stolen and reposted in violation of USA & global copyright & trademark legislation. The correct version of this piece can be read at https://sportsperspectives.com/2017/02/15/sanchez-energy-corporation-sn-receives-consensus-rating-of-buy-from-brokerages.html.

EPE has been the topic of a number of research reports.

Many analysts are providing their Estimated Earnings analysis for Sanchez Energy Corporation and for the current quarter 16 analysts have projected that the stock could give an Average Earnings estimate of $0.11/share. The third largest holder is Schroder Investment Management Group, which now holds $24.26 million worth of this stock and that ownership represents almost 2.86% of its market capitalization. Buy rating has been given by 5 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 7 analysts given HOLD rating.

Spectra Energy Corp's (SE) ended its day with a loss of -0.05% and finalized at the price of $42.10. The analyst recommendations from a month ago are 1 Buy, 2 Strong Buy, 0 Sell, 0 Hold and 5.

In other Sanchez Energy Corporation news, CEO Antonio R. Sanchez III sold 52,216 shares of Sanchez Energy Corporation stock in a transaction dated Monday, January 9th.

In the transaction dated January 09, 2017, the great number of shares disposed came courtesy the SVP - Chief Accounting Officer; Hink Kirsten A disposed a total of 8,481 shares at an average price of $8.7, amounting to approximately $73,785. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Another insider trade includes President Sanchez (Eduardo Augusto) who also initiated a transaction in which 37037 shares were traded on 8 Jan 2017 as "Sell". There may be various price targets for a stock. The number of shares now owned by investors are 67.24 mln. The disclosure for this sale can be found here. In the last month the stock has moved in price 9.71%, with a one year change of 1743.20%. Insiders own 15.32% of the company's stock.

EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the onshore United States Gulf Coast.

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