Sweet 16 Valuation Updates - April 20

[dan_s]

I have finished updating my valuations for all 16 companies. They are all going to report strong operating cash flow for Q1 and plenty of free cash flow to fund higher dividends and/or stock buybacks.

Trading at the largest discounts to my valuations are:
> ESTE with my valuation of $34.50
> NOG with my valuation of $51.00
> CPE with my valuation of $108.00
> LPI with my valuation of $145.00

Among the five "gassers", Comstock Resources (CRK) is still trading at the deepest discount to my valuation of 26.50.

If HH gas stays over $7.00/MMBtu, my valuations of the gassers will keep going up.