With our firm reducing our WTI price forecasts by more than US$10/bbl for the second half of this year and 2016e, and by US$5/bbl longer term, we have reduced our target prices across the board (see FirstEnergy commodity analyst Martin King’s note on oil prices). Our target prices continue to be derived primarily in relation to our Risked NAVs (‘RENAVs’). Generally, we have looked at a weighted average of our estimated RENAVs (75% FirstEnergy price deck/25% futures strip) for the Integrateds & ....
31 Aug 2015
INTEGRATEDS, OILSANDS & LARGE CAPS - Reduced Oil Price Forcecasts - Impact For Canadian Integrated Oils, Large Cap E&P, Oilsands
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
INTEGRATEDS, OILSANDS & LARGE CAPS - Reduced Oil Price Forcecasts - Impact For Canadian Integrated Oils, Large Cap E&P, Oilsands
Cenovus Energy Inc. (CVE:TSE), 0 | Imperial Oil Limited (IMO:TSE), 0 | Suncor Energy Inc. (SU:TSE), 0 | Canadian Natural Resources Limited (CNQ:TSE), 0 | Encana (ECA:TSE), 0 | Athabasca Oil Corporation (ATH:TSE), 0 | MEG Energy Corp. (MEG:TSE), 0
- Published:
31 Aug 2015 -
Author:
Michael P. Dunn -
Pages:
21
With our firm reducing our WTI price forecasts by more than US$10/bbl for the second half of this year and 2016e, and by US$5/bbl longer term, we have reduced our target prices across the board (see FirstEnergy commodity analyst Martin King’s note on oil prices). Our target prices continue to be derived primarily in relation to our Risked NAVs (‘RENAVs’). Generally, we have looked at a weighted average of our estimated RENAVs (75% FirstEnergy price deck/25% futures strip) for the Integrateds & ....