Leading up to each newsletter, I review and adjust each one of the model portfolio company forecast/valuation models. With so many companies slashing capital programs and adjusting guidance, this will take up a lot of my time.
Check the EPG website each day for updates. On the homepage you can see which ones have been updated recently. The homepage can hold up to 16 updates. Just click on the arrow to see them. If you can't find one you're looking for, click on the tabs at the top of the page.
I just finished updating PDCE. If you agree with my forecast that natural gas prices will be going higher, then check out the updated forecast model for PDC Energy. BTW they have over 70% of their 2020 oil hedged at $58/bbl, so they have free cash flow from operations locked in for this this year. PDC's production mix is approximately 37% crude oil, 44% natural gas and 19% NGLs.
Sweet 16 Updated Forecasts - April 20 to 22
Sweet 16 Updated Forecasts - April 20 to 22
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group