Macquarie Tristone: Energy Lenders Adjust Their Oil, Gas Price Decks

A recent survey shows that energy lenders have increased their oil price decks significantly in the second half of the year while holding their gas price decks steady. This is according to Macquarie Tristone's "Quarterly Energy Lender Price Survey" of 32 participating regional, US nat...

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Bibliographic Details
Published inOil & Gas Investor Vol. 33; no. 12; p. N_A
Main Author Yuen, Andrea
Format Trade Publication Article
LanguageEnglish
Published Houston Hart Energy 01.12.2013
Subjects
Crude oil prices
Discount rates
Energy economics
Lenders
Petroleum industry
Polls & surveys
Prices
United States > US
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Summary:A recent survey shows that energy lenders have increased their oil price decks significantly in the second half of the year while holding their gas price decks steady. This is according to Macquarie Tristone's "Quarterly Energy Lender Price Survey" of 32 participating regional, US national and international banks that engage in reserve-based lending. For 2013, the fourth-quarter survey indicates a mean base-case West Texas Intermediate oil price forecast of $78.63 per barrel and a mean base-case Henry Hub gas price forecast of $3.21 per million Btu. The survey of Brent-based oil shows a mean base case of $76.63.
ISSN:0744-5881