Energy Prospectus

I spent three hours on a Saturday going over all my Sweet 16 Forecast models and updating a few that needed it. [This is why you guys pay me the Big Bucks. Ha!] EPG Members can log on and down load a spreadsheet that shows my Fair Value estimate and First Call's price target for each stock. Since it...

I agree. Energy XXI is a lot more than their interest in the MMR Deep Shelf Program (which does have incredible potential). I think the delay in getting Davy Jones completed is really holding this one back. There is nothing in my forecast for Davy Jones. I think it is also holding down PXP, which lo...

Gulfport Energy (GPOR): An updated Net Income and Cash Flow Forecast model has been posted under the Sweet 16 Tab.

Based on the 3/31 closing price, EXXI is trading at less than 3.5X my CFPS estimate for the fiscal year that ends June 30th. Am I the only one that thinks that is insane for a company with this much exploration upside?

Also, my EPS forecast is below the current First Call forecasts for Q3 and Q4. My CFPS forecast is slightly higher.

Energy XXI (EXXI): An updated Net Income and Cash Flow Forecast is now available under the Sweet 16 Tab. My adjusted Fair Value for EXXI can be found on the spreadsheet. My EPS and CFPS has gone up but I've decided to lower my Fair Value estimate to 6X CFPS just because my Fair Value estimate is so ...

You are both "Founding Members", so your membership renewal is due by the end of April.

You can mail a check for $125 to me at:

Energy Prospectus Group
c/o Dan Steffens
4718 Yorkshire Street
Sugar Land, Texas 77479

I appreciate your support.

I get a newsletter from Elliott Gue and I read it carefully every month. Here is some good advice from Elliott: The best advice I can give in such an environment is to focus on money management. That means all investors should consider taking profits off the table in stocks that have run-up a large ...

Gran Tierra Energy Inc. (GTE): An updated Net Income and Cash Flow Forecast has been posted under the Sweet 16 Tab. Members can log in and click on the GTE logo to see it. Yesterday, GTE announced a significant discovery well in Argentina that will be on production in April. My Fair Value estimate f...

NEW ORLEANS, Mar 27, 2012 (BUSINESS WIRE) -- McMoRan Exploration Co. (MMR, Trade ) announced today continuing progress to flow test the Davy Jones No. 1 well on South Marsh Island Block 230. As previously reported, McMoRan saw positive pressure response from the Wilcox "D" sand which was p...