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Sweet 16 Update - Nov 28

Posted: Fri Nov 27, 2020 7:13 pm
by dan_s
Despite some profit taking on Friday, the Sweet 16 is no up 89.87% since Good Friday, April 10 (my SWAG as when the bottom of this cycle happened).

Leading the pack are:
> Matador Resources (MTDR) up 242%
> Antero Resources (AR) up 233%. For high dividend yield I think Antero Midstream (AM) is now a Strong Buy.
> Ovintiv Inc. (OVV) up 217%
> Cimarex Energy (XEC) up 109%
> Range Resources (RRC) up 107%
> Callon Petroleum (CPE) up 104%

Comstock Resources (CRK) is trading at the deepest discount to my valuation of $18.00.

We are sending out updated profile on AR and RRC on Saturday. All of the "gassers" should move higher in Q1.

We will be publishing the November newsletter on Monday.