Sanchez Energy (NYSE:SN) has become an interesting investment over the past 12 months. Acreage acquisitions continue to add value as it has created three core areas in the Eagle Ford. One of these core areas is considered to be best in play. It has also acquired acreage in the Tuscaloosa Marine Shale. This is an emerging play with excellent early results. Although it has missed several quarters in a row, I believe things are beginning to turn around at Sanchez.
Sanchez Energy has missed earnings for three straight quarters. In Q2 it missed on both the top and bottom lines. Revenues came in at $59.1 million, which missed analyst estimates by $2.88 million. Q2 EPS was $.17 versus...
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