Sweet 16 Updates - Dec 29

[dan_s]

I am half the way through updating the Sweet 16 forecasts; breaking out 2019 by quarter and adding my initial forecast for 2020. I just finished updating EOG.

The updated forecast/valuation models are being posted to the EPG website. You can view them and download them to Excel from there. Take a hard look at the oil, gas and NGL prices that I am using for future periods.

I will post my regular Sweet 16 weekly update on New Years Day.

My weekly podcast will be posted to the EPG website late today or on Sunday morning.

Changes for 2019:
> Earthstone Energy (ESTE) will be moved back to the Small-Cap Growth Portfolio.
> Newfield Exploration (NFX) goes away because of the merger with EnCana (ECA)
> Southwestern Energy (SWN) is a strong candidate for an addition