Energy Prospectus

Both of these companies reported 2nd quarter results that beat my forecasts. I am finishing up profiles on both of them, which will be sent to our members in a Flash Alert tonight. Both look extremely attractive at their current share prices.

Yesterday I attended a breakfast presentation in Houston. The speaker focused on the exciting horizontal drilling results coming out of the Permian Basin. It is really heating up out there and XEC is one of the companies very active in the region.

IMO Sweet 16 member CXO is now the top pick in the Permian Basin.

Carrizo Oil & Gas (CRZO): An updated profile and forecast model have been posted under the Watch List Tab. Carrizo's 2nd quarter results beat our forecast.

Cimarex Energy (XEC): An updated profile and forecast model have been posted under the Sweet 16 Tab.