Energy Prospectus

Based on August 6 closing prices, the Sweet 16 is now trading less that a PE ratio of 5.7 based on my EPS forecasts for 2022.
The portfolio is also trading at 3.1X my operating cash flow per share forecast for 2021. CRK closed on August 6 at just 1.4 X my operating cash flow per share forecast for 2021 of $4.15. PXD is trading at 5.7 X my 2021 operating cash flow per share forecast of $26.58 and that is too low for a company the quality of PXD.

We will be publishing updated company profiles on each of the Sweet 16 companies during August.

CRK, wow, 1.4X absolutely absurd.

Despite some "Bad Hedges", CRK is going to generate close to $600 million of operating cash flow during Q3 & Q4 with ~50% being free cash flow. At today's natural gas price, their average Haynesville horizontal well pays out in less than six months. Their year-end P1 reserves valuation will be a "stunning" increase from where it was at 12-31-2020. Hang tough.

Absolutely, I think the second half of this year and into 2022 will be great for shareholders of CRK.

I have contacted CRK several times asking them to do a webinar for us, but they don't seem interested in getting their story out there. I may try again in a couple of weeks. IMO the stock is grossly undervalued.