Sweet 16 Update - July 30

[dan_s]

The Sweet 16 Summary Spreadsheet has been posted to the EPG website. You can view it directly from the home page.

Tab 1: Shows my updated valuation for each stock in the Sweet 16 compared to First Call's current price target.

Tab 2: Shows my quarterly forecasts for each of the Sweet 16 and valuable information for each company.

Tab 3: Shows my quarterly forecasts for each company in our Small-Cap Growth and High-Yield Income portfolios. My updated valuations for these stocks can be found in the newsletter.

Before writing each newsletter, I update all of my forecast/valuation models using the oil & gas price deck shown on page 4 of the newsletter we sent out this morning. There has been a lot of news, including several significant transactions announced by the Sweet 16.

Today I will finish my review of the updated profile for Veren, Inc., which reported solid Q2 results last week.

We have a special webinar coming up on Friday, August 2. The "Petroleum Economist", Harry van Neck will be joining me. Harry will be explaining how he values upstream oil & gas companies. Register on the EPG home page if you wish to be on the live event.