With this publication we highlight forecast revisions associated with our commodity price update (Natural Gas Update; Crude Oil Update), reaffirming a view of commodity price recovery in 2017e. In the interim until then, 2016e Canadian oil price realizations are up ~11% in the synthetic and Edmonton Light streams, with heavy WCS crude up ~20% which is amplified by Canadian oilsands output curtailments. While 2016e Canadian natural gas prices are projected to be ~20% lower, we expect much of this ....

23 Jun 2016
Intermediates, Mid Caps & Small Cap Commodity Price Update

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Intermediates, Mid Caps & Small Cap Commodity Price Update
ARC Resources Ltd. (ARX:TSE), 0 | Crescent Point Energy Corp. (0UR7:LON), 0 | Enerplus Corporation (ERF:TSE), 0 | Tourmaline Oil Corp. (TOU:TSE), 0 | Paramount Resources Ltd. Class A (POU:TSE), 0 | Cardinal Energy Ltd. (CJ:TSE), 0 | PAINTED PONY PETROLEUM (PPY:TSE), 0
- Published:
23 Jun 2016 -
Author:
Michael P. Dunn -
Pages:
28 -
With this publication we highlight forecast revisions associated with our commodity price update (Natural Gas Update; Crude Oil Update), reaffirming a view of commodity price recovery in 2017e. In the interim until then, 2016e Canadian oil price realizations are up ~11% in the synthetic and Edmonton Light streams, with heavy WCS crude up ~20% which is amplified by Canadian oilsands output curtailments. While 2016e Canadian natural gas prices are projected to be ~20% lower, we expect much of this ....