Sweet 16 Update - October 20

[dan_s]

Despite a screen full of red yesterday, the Sweet 16 was up for the week.

First Call Price Targets for CLR, GPOR and RRC were raised last week as analysts update their forecasts getting ready for Q3 earnings reports. First Call's targets are now very close to my Fair Values Estimates for all three.

My updated spreadsheet for the Sweet 16 will be available on the website shortly.

I attended the SIPES Seminar yesterday. There were some very bullish reports on the Bakken and the Eagle Ford. Plus, the Marcellus Shale is clearly the best area to look for gassers. RRC holds some of the best acreage in the play.

First Call's price target for SFY is now $33.42. You should all read our profile on that one. It is available under the Sweet 16 Tab. IMO it is very attractive at today's share price.

[wilmawatts]

Thanks Dan, appreciate your insight.