All of the forecast/valuation models for the Sweet 16 companies have been updated for Q1 results and fresh guidance from the individual companies. The Sweet 16 is always my top priority.
Today:
> I will update the main Sweet 16 spreadsheet that shows my valuations compared to First Call's price target as of today. Just remember that First Call's price targets are based on a lot analysts reports that have not been updated recently and a lot of the Wall Street Gang are still using much lower oil, gas and NGL prices in their models.
> I will record my weekly Oil & Gas Market Update this afternoon and it will be posted to the EPG website late today.
> I will start the May newsletter tomorrow with the goal of publishing it on Tuesday.
This coming week:
> I will be speaking on another company's webinar on Wednesday and at the Mick Law Conference in Dallas on Sunday, May 16 at 3:30PM CT. If you live in Dallas and would like to attend, I may be able to get a few EPG members admitted free. Just send me an email. The Mick conference is midday May 16 to midday on May 18.
> After I finish the newsletter, I will focus on updating all of forecast/valuation models for the companies in our Small-Cap Growth Portfolio. I have already updated the models for GDP, MTDR and SM.
> My "staff" of 4 MBAs are updating the Sweet 16 profiles now and we will be publishing one or two per day next week.
Our next webinar is set for May 18. It will be hosted by Ring Energy (REI), one of the companies in our Small-Cap Growth Portfolio.
Dan's "To Do List" as of May 8
Dan's "To Do List" as of May 8
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group