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Sanchez Energy Corporation Message Board

  • boiler_room_bermuda boiler_room_bermuda Mar 21, 2013 10:49 AM Flag

    only $367 M net tangible assets

    supporting a market cap of $653 M ? I can find dozens of better 'values' in the oil patch.
    The above are pre-Eagle Ford purchase from Hess, but keep in mind that SN borrowed hundreds of millions to get those assets which doesn't add much to net tangible assets, now does it ? (smirk)

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