Sanchez Energy Corp. (SN)

[dan_s]

An updated profile and Net Income & Cash Flow Forecast model have been posted under the Sweet 16 Tab.

My Fair Value Estimate has increased $5.30/share to $42.50.

Sanchez is going to report strong production growth quarter-after-quarter this year and should top 26,000 boepd by year-end. They have a nice production mix of 72% crude oil, 15% natural gas and 13% NGLs. The recent spike in natural gas and NGL prices should give Q1 revenues a nice boost.

Most of this year's budget will be focused on drilling 70 net wells in the Eagle Ford Shale.

They will spud their first Tuscaloosa Marine Shale (TMS) in the 2nd quarter. They hold 40,000 acres in the TMS in an area where EnCana (ECA), Devon Energy (DVN) and Goodrich Petroleum (GDP) are actively drilling and reporting good results.

[setliff]

gdp just recently announced disappointing results in the tuscaloosa----

http://seekingalpha.com/article/2035593 ... urce=yahoo