Sanchez Energy

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dan_s
Posts: 37324
Joined: Fri Apr 23, 2010 8:22 am

Sanchez Energy

Post by dan_s »

Sanchez Energy Corp. (SN): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16. It includes the impact of the large acquisition they made from Shell in the Eagle Ford.

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My Fair Value Estimate is now $50.40/share.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37324
Joined: Fri Apr 23, 2010 8:22 am

Re: Sanchez Energy

Post by dan_s »

May 28: Sanchez Energy shares jumped 3.3% Wednesday, a day after BMO Capital Markets raised its price target on the stock to 40 from 36.

Sanchez Energy (NYSE:SN) is among the domestic oil & gas explorers and producers prospering as the U.S. energy boom ramps up and oil remains comfortably above $100 per barrel.

Sanchez is part of the Oil & Gas-U.S. Exploration & Production group, which is ranked No. 3 out of the 197 industry groups that IBD tracks. The group is up 18% since the beginning of the year.

Sanchez has a Composite Rating of 99, the highest possible. IBD's Composite Rating rates stocks in five areas, with extra weight on earnings and stock price strength. Shares hit 33.91 on the stock market today.

Natural gas producer EOG Resources (NYSE:EOG), which also has a Composite Rating of 99, saw its shares rise 0.5% to 105.28.


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Dan Steffens
Energy Prospectus Group
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