Sweet 16 Update - August 31

[dan_s]

Sweet 16 Growth Portfolio spreadsheet has been updated on the website:
> Tab 1 is a summary of the EPS and CFPS forecasts,
> Tab 2 shows my Fair Value Estimate compared to First Call's Price Target for each company as of 8-30-2014

Tomorrow I will be sending out updated profiles on CLR, CRZO and EOG. I will be updating the profiles for Devon Energy (DVN) and Unit Corp. (UNT) on Monday, September 1st. Hopefully, I will get Cimarex (XEC) and Gulfport Energy (GPOR) updated in a couple days (waiting on intern). All of the others are already updated and available on the website.

Oil & gas prices appear to be heading higher. It is doubtful they will go up in a straight line, but demand for both oil and gas will be increasing as winter approaches.

If you have not seen it yet, you should all watch this short video: https://vimeo.com/104772276
(Nicol Alexander, one of our Dallas area members helps us with these videos.)

All of the Sweet 16 were up last week and I think they will all be higher by year-end. The group is still trading at more than 32% below my Fair Value Estimate. SM Energy (SM) is my top pick right now.

[dan_s]

Here is a video of a recent interview with the CEO of Range Resources (RRC).

http://www.oilandgas360.com/cnbc-range- ... b-26401157