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Sanchez Energy Corporation Message Board

  • tradernor tradernor Apr 29, 2012 5:20 PM Flag

    80 times annual CF valuation for 1500 BOEPD !!!!

    SN trade at 80 times the annual cash flow.

    SN has also a valuation of 600,000 $ per boepd !!!!!!!!!

    I am shocked with this valuation. They must have found a lot of gold, diamonds, silver, palladium and a ton of rare earth metals in every oil well they drill....right ??

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    • This company is in it's infancy with respect to it's Eagle Ford development. SN has the cheapest acreage to EV by a large amount in the Eagle Ford.
      Take a look at Aurora oil and gas. (AUT.AX)
      Aurora does about 4,200 bbls/day and has roughly 16,500 net acres in the Eagle Ford. Current market cap. is over $1.7bb. SN should be doing well more than 5,000 bbls/day by year end 2012 with no debt and more than 5x Auroras net acreage in the Eagle Ford not to mention it's acreage in the Bakken.
      With their 50/50 interest with Marathon in the Palmetto it won't take many wells to blow through Auroras current production. Aurora appears to be a bloated market cap and they are well situated but it does demonstrate the upside SN has from here.

    • No, just a lot of de-risked acres with a lot of golden juice underneath which will sell for a lot of that gold metal. Sell the past, buy the future.

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