Sweet 16: New Forecasts

dan_s · Post by **dan_s** » Sat Oct 29, 2011 11:35 am

I have updated all of my Fair Value estimates, First Call 12-month price targets, and my earnings and cash flow forecasts for all of the Sweet 16.

An Excel spreadsheet and pdf files are available under the Sweet 16 tab.

As of the October 28 closing prices the group is still 75.9% below my combined Fair Value estimates. GEOI is only 6.1% below my Fair Value estimate but it is likely to go up when I see their 3rd quarter results. I'm expecting good news about their Eagle Ford drilling program.

EXXI has replaced BEXP. Take a look at my forecast model for EXXI and you will see why. You can find it under the Watch List tab.

Matt is working on the MLP Watch List and it will be posted to the website on Monday.

I am working on a company profile for Union Drilling (UDRL) that will be posted under the Watch List on Tuesday, November 1. It looks very good but I want to see 3rd quarter results before I finalize it.