FYI - Another analyst getting a bit more positive.. Citi rates...

FYI - Another analyst getting a bit more positive..

Citi rates SXY as Buy, High Risk
The company will swap CSG assets with BG, consolidating an operating position in the western Surat Basin. The arrangement increases Senex Energy's net 2P reserves by 210% and net acreage by 220%. The company relinquishes its interest in PL171 and ATP574P.
Citi has marginally reduced earnings forecasts over FY15-17 to account for the longer time to development. A Buy rating and 85c target are retained.
Target price is $0.85 Current Price is $0.60 Difference: $0.25
If SXY meets the Citi target it will return approximately 42% (excluding dividends, fees and charges).
The company's fiscal year ends in June. Citi forecasts a full year FY15 dividend of 0.00 cents and EPS of 3.90 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 15.38.

Market Sentiment: 0.6

How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 5.0, implying annual growth of 51.1%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus price target is $ 0.72, suggesting upside of 16.4%(ex-dividends).
Current consensus EPS estimate suggests the PER is 12.3.

cheers..