Energy Prospectus

For the week ending March 9th the Sweet 16 gained 1.84%, but it is still down 6.26% YTD. NFX (down 25.88%), XEC (down 23.87%) and DVN (down 20.97%) are the "Bad Guys". All three of them were profitable in 2017 and they should be even more profitable in 2018.

I have update all of the Sweet 16 forecast models. Profiles have been updated for all but XEC and DVN, which I will finish this weekend.

Antero Resources (AR) is leading the pack, up 9.53% YTD. I bet none of you would have picked AR to be the early leader this year.

The Sweet 16 is heavily weighted to oil and so should all of you. The portfolio is still trading as if WTI was at less than $50/bbl.

Keith Kohl at "The Energy Investor" rates FANG and MTDR as his Top Picks for 2018.

I just put the final touch on our updated profile for Devon Energy (DVN).

Devon has a new three year plan that is going to generate a lot of free cash flow. They've raised their dividend and announced a $1 Billion stock buyback program. If successful, the plan will significantly improve their balance sheet and improve their production mix.

My forecast/valuation model lines up very close to the EPS and CFPS now on First Call. First Call's price target is $46.00.