This is a time of the year when many oil and gas companies release their capital spending plans. Lately there has been a certain fear amongst shale investors regarding lower domestic oil prices. This has lead to downward pressure on shale stocks and even speculation about whether shale producers will scale back some of the more marginal drilling projects were prices to drop significantly. As more companies come out with their 2014 capital budgets, we should know whether doemstic shale producers will be scaling back or accelerating drilling activity.
Sanchez Energy (SN), a fast-growing, small cap producer in the Eagle Ford Shale, is still going full speed ahead in 2014. In fact, Sanchez is one company that is...
Only subscribers can access this article, which is part of the PRO research library covering 3,775 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: