Stock Valuations - March 18
Posted: Thu Mar 18, 2021 4:48 pm
Keep in mind that all of my current stock valuations are based on forecast/valuation models that use the following oil & gas price assumptions. FEAR of more Covid-19 travel restrictions in Europe was given as the reason for the recent oil selloff, but I think it was more that oil just got ahead of the fundamentals. Weather is driving natural gas prices.
Crude Oil / WTI average for the period net of regional differences and hedges
2021
Q1 = $55
Q2 = $60
Q3 = $65
Q4 = $65
2022 = $65
Natural Gas for HH net of regional differences and hedges
Q1 = $2.75
Q2 = $2.75
Q3 = $2.90
Q4 = $3.00
2022 = $2.75
Crude Oil / WTI average for the period net of regional differences and hedges
2021
Q1 = $55
Q2 = $60
Q3 = $65
Q4 = $65
2022 = $65
Natural Gas for HH net of regional differences and hedges
Q1 = $2.75
Q2 = $2.75
Q3 = $2.90
Q4 = $3.00
2022 = $2.75