Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

Sanchez Energy (SN) is a small, very fast-growing shale oil company with almost a 100% footprint in the Eagle Ford. With a net 95,000 acres, it's the largest pure-play Eagle Ford E&P company.

Sanchez announced Q4 2012 results on March 7, 2013 which missed analysts' expectations. Missing expectations is never a good idea if you want to help the stock price. In late 2012, Sanchez migrated from single well drilling to multiple pad drilling towards lowering drilling and completion costs. This resulted in production output delays as some already-drilled wells awaited others before them being completed and brought online. During the conference call, the company confirmed that the knock-on effect will last into 2013, particularly into...