Wednesday, March 2, 2016

Energy Stocks 2016



Energy Prices forecast

2015
2016
2017
2018
2019
2020
Oil $/bbl*
54
55
60
70
86.6
88.3
Oil  $/bbl* (2015 assumptions)
60
70
75
92
95
98
Gas $/mcf
2.9
3.13
3.3
3.9
4.0
4.1
Gas $/mcf (2015 assumptions)
3.4
3.7
3.9
4.5
4.6
4.9
* Brent Oil price
mcf - hundreds cubic feet (North America, Henry Hub).  Inflation assumed at 2% a year.


March 2016 energy stocks review:

Financial Independence review - Energy Companies. Independent - http://www.niterainbow.com
 Conversion factors:

cubic metre of gas (m3 gas) = 0.005896 boe
cubic foot of gas (cf gas)  = 0.00016696 boe
cubic foot of gas (cf gas)  = 0.028317 m3 gas
tonne of LNG (t LNG) = 1,368.40 m3 gas