Sanchez Energy (SN)
Posted: Mon Jan 06, 2014 12:22 pm
Sanchez Energy Corp. (SN): An updated profile and forecast model have been posted under the Sweet 16 Tab.
You may notice that I lowered by Fair Value Estimate a few dollars. Nothing to be concerned about, I just wanted to be a bit more conservative since my valuation is so far above the current share price. If the company comes out with 2014 production guidance near my forecast, the valuation will be going up.
It is hard to find E&P companies that are on-track to double production, so you should all take a hard look at this one.
You may notice that I lowered by Fair Value Estimate a few dollars. Nothing to be concerned about, I just wanted to be a bit more conservative since my valuation is so far above the current share price. If the company comes out with 2014 production guidance near my forecast, the valuation will be going up.
It is hard to find E&P companies that are on-track to double production, so you should all take a hard look at this one.