Current SN Stock Info

Sanchez Energy Corporation’s (ticker: SN) development of its Catarina assets in the Eagle Ford (EF) are exceeding company expectations, SN management said in a news release on December 10, 2014. The Catarina, acquired from Royal Dutch Shell (ticker: RDS.B) in May 2014 for a price of $639 million, instantly doubled Sanchez’s asset base and production volumes. Announced production is currently 45 MBOEPD, which exceeds the company’s previous estimates of 40 to 44 MBOEPD for Q4’14. The current volume is a company record and 16% higher than average ...

Analyst Commentary

Global Hunter Securities Dirty Energy Daily (12.10.14)

Initial Lower Eagle Ford results at Catarina came in strong at close to 1.3 Mboepd, and SN's second TMS well IP'd at 1.1 Mboepd. Current production is 45 Mboepd vs. our Q4:14 projection of 42 Mboepd, and liquidity remains robust at $1.2B. We think this is a positive ops update, particularly in light of SN's current trading multiple of 1.1x 2015E CFPS. We continue to believe that SN's strong liquidity and core EFS acreage position the company well for a downturn in commodity prices.  


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