Thursday, April 24, 2014

Energy Stocks Screening

Energy Prices forecast*

2012
2013
2014
2015
2016
2017
Oil $/bbl (Brent)
112
109.5
101
99.5
96
92
Oil $/bbl (WTI)
94.2
98
94.4
93.1
89.5
85.5
Gas $/mcf
2.8
3.7
4
4.15
4.6
5
*The prices are in 2013 money
mcf - hundreds cubic feet.
The prices are a little bit  higher from the previous forecast, either because inflation projected to be much higher or demand stronger.
May 2014 major Energy Companies analysis:
Remaining Reserves
Gazprom*
Exxon Mobil
PetroChina
Shell
Chevron
BP
ENI
Total
Statoil
Rosneft
Oil, mmbbl
11,940
19,700
15,430
13,650
14,220
16,500
6,560
10,190
8,030
42,120
Gas, bcf
547,980
131,620
79,000
83,160
86,500
72,250
35,300
58,950
46,440
71,550
Total, mmboe
100,040
41,630
28,600
27,500
28,700
28,530
12,440
20,000
15,770
52,300
Production Oil, mmboe
990
2,200
2,560
1,540
1,730
2,014
830
1,170
960
4,190
Production Gas, mmscfd**
47,100
11.820
7,680
9,600
5,190
7,020
4,320
6,180
4,740
3,780
Production Total             '000 boe/d
8,830
4,170
3,830
3,150
2,600
3,100
1,550
2,200
1,750
4,860
Reserves, years
31
27
20.5
24
30
25
22
25
25
29
Market Capitalization, USD bn
89
430
222
246
235
150
94
161
93
69
Dividends paid in 2013, %
5.4
2.5
4.5
4.5
3.2
4.5
5.8
4.8
3.9
3.8
US/boe
0.89
10.3
7.8
8.9
8.2
5.25
7.6
8.05
5.90
1.31
* Gazprom has big exposure to one country only - Russia
** 6mscf -1boe