Sweet 16 Update - April 28

dan_s · Post by **dan_s** » Mon Apr 28, 2014 8:28 pm

Sweet 16 Growth Portfolio spreadsheet has been updated and posted under the Sweet 16 Tab:
> Tab 1 of the spreadsheet is a summary of the EPS and CFPS forecasts for individual companies,
> Tab 2 shows my Fair Value Estimate compared to First Call's Price Target for each company as of 4-28-2014

Year-to-Date the Sweet 16 is up 13.8%, compared to the S&P 500 that is now up 1.1%.

First quarter results start pouring in next week. WLL reports Q1 results after the markets close on 4/30.

The Sweet 16 that will get a major boost from increasing natural gas prices: XEC, EOG, GPOR, RRC, SM, UNT.

IMO Unit Corp. (UNT) is a "Screaming Buy" if you think natural gas prices are going higher. Outlook for the onshore drillers is improving each week. Active rig count was up 30 last week. Check out our profile on UNT.

Add EOG as a "Core Holding" under $100/share and you will be happy by year-end. EOG is going to more pad development drilling which will really drive down F&D costs.

OAS and SM still down for the year, which makes no sense at all. Both will report strong Q1 results and their production will be ramping up sharply this year.

MTDR leading the pack, up 48.8% YTD. Getting close to my Fair Value Estimate. I will be taking a hard look at its Q1 results.