Oil & Gas Market Update - June 29 (podcast)

[dan_s]

Here's the link: https://youtu.be/zuIgL9WwtqY

All of the Sweet 16 and Small-Cap Growth Portfolio forecast models have been updated. You can view them on the EPG website. To see the full-screen version that is much easier to read, just click on the little box in the lower right-hand corner of the spreadsheet.

I am now showing other analysts stock price targets on each model.

[mkarpoff]

Thanks for the Stifel update. However, it simply added to my frustration. It is bizarre that this sector is so unloved.

[dan_s]

The Wall Street "herd mentality" can change quickly. As I point out in the podcast, if U.S. oil production flattens out, it may cause a "paradigm shift" among the leaders of the herd. Q2 results are going to be quite good and one more stupid move by Iran should send oil prices a lot higher.

Take a look at the new Comstock Resources (CRK). The backing from Jerry Jones is a big deal. With his support, Comstock made a great acquisition of Covey Park. Check out the new presentation on their website. When the deal closes, CRK's production will triple.