Sweet 16 Updates - Aug 5

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dan_s
Posts: 34465
Joined: Fri Apr 23, 2010 8:22 am

Sweet 16 Updates - Aug 5

Post by dan_s »

All of the Sweet 16 companies have now released Q2 financial and operating results. They have also provided detailed guidance for 2H 2022.

I now have a lot of work to do to update all of the stock valuations.

We have already published updated profiles on CLR, EQT and RRC.

I have already updated the forecast/valuation models for AR, CRK, MGY, MTDR, PDCE and SM. You can find them on the EPG website under the Sweet 16 tab.

I will update the forecast/valuation models today and tomorrow morning for CPE, ESTE, EOG, LPI, NOG, OVV and SBOW. They will be posted to the EPG website as I complete them.

We will publish updated profiles on each company within the next two to three weeks.

I will also be looking at the Q2 results being announced by our Small-Cap and High Yield companies. Former Sweet 16 companies that are now in our High Yield Income Portfolio (CTRA, DVN, FANG and PXD) all announced strong results and they are continuing to pay very good dividends. They are "Free Cash Flow Machines" with a lot of running room.
Dan Steffens
Energy Prospectus Group
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