Forecast/valuation models have been updated for Q1 results for these: AR, CXO, CLR, PE, PDCE, RRC and SWN
I just finished updating EOG's forecast model and it will be posted to the EPG website this afternoon. Keeping my valuation at $136/share, but I could easily justify a much higher price because EOG holds some extremely valuable leasehold.
Up next are updates for GPOR and MTDR. I will finish them today and they will be posted to the EPG website late today.
I am the opening speaker at the Mick Law Energy Symposium in Dallas on Sunday at 3PM, so I need to focus on my presentation slides this afternoon. EPG can attend the conference for FREE.
Just call or send an mail to Crystal Huynhcao TODAY to see if seats are still available.
402.275-1839
chuynhcao@micklawpc.com
Sweet 16 Updates - May 3
Sweet 16 Updates - May 3
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Sweet 16 Updates - May 3
Updated forecasts for EOG and GPOR have been posted to the EPG website.
GPOR is one of the most profitable companies in the Sweet 16 and it is trading at just 1.5 X operating CFPS.
> Their stock repurchase program has the potential to significantly improve per share results.
> Based on their year-end 2018 reserve report, the PV10 value of just GPOR's proven reserves (P1) is $21/share.
GPOR is one of the most profitable companies in the Sweet 16 and it is trading at just 1.5 X operating CFPS.
> Their stock repurchase program has the potential to significantly improve per share results.
> Based on their year-end 2018 reserve report, the PV10 value of just GPOR's proven reserves (P1) is $21/share.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group