Sweet 16 Profiles this week - March 11-15

[dan_s]

I have finished updating all of the Sweet 16 profiles. They are prepared by our MBAs and I review them carefully.

They will all be on the EPG website by Monday, March 11

I did lower Concho's valuation by $2 to $158/share, which compares to First Call's price target of $158.08.

I took a hard look at EOG, my valuation stays at $136/share, which compares to First Call's price target of $121.31. EOG controls some of the most valuable real estate on this planet. The 3rd party engineering report in their 10K values just their proven reserves (P1) at $32.4 Billion. Their P2 + P3 reserves are worth at least that much.

First Call's price targets still include lots of valuations that are over three months old, so they don't include Q4 results or fresh guidance. First Call is a service provided by Reuters. All they do is average all of the analysts' estimated price targets for each company that have been submitted to Reuters. They also provide estimates for Revenues, Earning Per Share and Operating Cash Flow Per Share, which I show on all of my forecast/valuation models.