Sanchez Energy (SN)

dan_s · Post by **dan_s** » Fri Nov 15, 2013 5:15 pm

Sanchez Energy Corp. (SN): An updated Net Income & Cash Flow Forecast model has been posted under the Watch List Tab.

My Fair Value Estimate has been increased to $43.40/share. 3rd quarter production beat my forecast.

If this company's year-end proven reserve report is as good as I think it will be, the multiple used to arrive at my valuation will go way up. Now I am only using 6X CFPS. They have a lot of running room on good Eagle Ford acreage, so the multiple should be at least 8X CFPS.