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Sweet 16 that will announce Q2 results today - Aug 3

Posted: Tue Aug 03, 2021 2:38 pm
by dan_s
After the markets close, these four Sweet 16 companies will announce Q2 results.

> Callon Petroleum (CPE) < Should report over a 10% increase in production from Q1 to Q2

> Comstock Resources (CRK) < Almost a pure "gasser" that is on-track to generate about $4.00 operating cash flow in 2021. It is trading today at less than 1.5X operating cash flow per share. That is insane.

> Devon Energy (DVN) < On-track to over $2.5 Billion of free cash flow in 2021. Devon is a large-cap that deserves a lot more attention.

> Talos Energy (TALO) < Oversold when Mexico took over operations of Zama Project. Ignore that noise and focus on strong operating cash flow. My current valuation is $31.50/share.