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Sanchez Energy (Sanchez Energy) Net-Net Working Capital : $0.00 (As of Sep. 2019)


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What is Sanchez Energy Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Sanchez Energy's Net-Net Working Capital for the quarter that ended in Sep. 2019 was $0.00.

The industry rank for Sanchez Energy's Net-Net Working Capital or its related term are showing as below:

SCAZQ.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sanchez Energy Net-Net Working Capital Historical Data

The historical data trend for Sanchez Energy's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sanchez Energy Net-Net Working Capital Chart

Sanchez Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net-Net Working Capital
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Sanchez Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Sanchez Energy's Net-Net Working Capital

For the Oil & Gas E&P subindustry, Sanchez Energy's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sanchez Energy's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sanchez Energy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Sanchez Energy's Price-to-Net-Net-Working-Capital falls into.



Sanchez Energy Net-Net Working Capital Calculation

Sanchez Energy's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2018 is calculated as

Net-Net Working Capital(A: Dec. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(197.613+0.75 * 93.321+0.5 * 0-2811.655
-452.881-0)/0
=N/A

Sanchez Energy's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2019 is calculated as

Net-Net Working Capital(Q: Sep. 2019 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(179.538+0.75 * 79.451+0.5 * 0-3085.032
-474.888-0)/0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Sanchez Energy  (OTCPK:SCAZQ.PFD) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Sanchez Energy Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Sanchez Energy's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Sanchez Energy (Sanchez Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 Main Street, Suite 3000, Houston, TX, USA, 77002
Sanchez Energy Corp is a United States-based independent exploration and production company. It is focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with the focus on the horizontal development of resource potential from the Eagle Ford Shale in South Texas. The company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. It generates its revenue from the sale of oil, natural gas liquid sales, and others.
Executives
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Adam C. Zylman director 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Cameron W. George officer: Interim CFO 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Nelson Robert V. Iii director 1000 MAIN STREET, SUITE 3000, HOUSTON TX 77002
Gso Capital Solutions Associates Ii Lp 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Energy Partners-d Associates Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Capital Solutions Associates Ii (cayman) Ltd. 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Capital Solutions Associates Ii (delaware) Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Gso Capital Opportunities Fund Iii Lp 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Gso Energy Partners-c Ii Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Select Opportunities Fund Lp 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Gso Energy Partners-d Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Partners-b Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Partners-c Lp 10 percent owner 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Gso Energy Partners-a Associates Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154