Sweet 16 Update - Dec 24

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Sweet 16 Update - Dec 24

Post by dan_s »

During the week ending Dec 23 the Sweet 16 gained 3.99% and is now up 42.25% YTD.

The S&P 500 Index lost 0.16% and is now down 19.33%.

Bad year for the average stock fund. Good year for the Energy Sector. The Sweet 16 is still 96.76% below my updated Fair Value Estimates based on 2023 commodity prices of $85/bbl for WTI oil and $6.00/MMBtu for HH natural gas. Even if I use the NYMEX strip prices, the Sweet 16 is still 50% below Fair Value.

My updated Sweet 16 summary spreadsheet will be posted to the EPG website home page later today.
Dan Steffens
Energy Prospectus Group
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