Sanchez Energy (SN)

[dan_s]

Sanchez Energy (ticker: SN) provided the market with an operational update for first quarter 2016 on April 20, 2016.

http://www.oilandgas360.com/484485-2/?u ... dium=email

[dan_s]

SN's first quarter production of ~56,500 Boepd compares to my forecast of 52,000 Boepd.

[dan_s]

My valuation of SN has increased $0.75/share to $10.25. An updated forecast model will be posted to the EPG website shortly.

If they are able to hold production steady at the Q1 rate, my valuation will probably increase to around $15/share.
They are already on-track to exceed the top end of full year production guidance.

[Fosterplc]

SN has been a great earner this year, thanks for highlighting it in the small cap portfolio.