I have posted an updated Sweet 16 spreadsheet to the website. EPG Premium Members can see it by logging on and clicking on the Sweet 16 Tab (click on the Sweet 16 Forecasts link). The second tab shows my Fair Value for each stock and the current First Call 12-month price target for each company. Individual company forecasts are also available, just click on the company logos.
As a group, the Sweet 16 is currently trading 61% below my combined Fair Value estimates.
The Sweet 16 is heavily weighted to oil. It pulled back with oil prices last week.
At our luncheon on Thursday, January 19th I will be presenting my outlook for the Sweet-16 and talking about the five companies that were added on January 1st. After my prepared remarks, I will open the floor for questions on any of the Sweet-16.
Over 60 members and guests have already registered for the luncheon. We will record the presentation and have it up on the website shortly after the event.
Gastar Exploration (GST), which looks very attractive at the current share price, will be hosting our luncheon on Jan. 31st.
Sweet 16 Update 1-14-2012
Sweet 16 Update 1-14-2012
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group