Sweet 16 Valuation Updates - July 21

[dan_s]

We will be publishing the next edition of The View from Houston newsletter next week.
I am adjusting all of the upstream stock valuations based on the updated oil & gas price deck below.

Updated Oil & Gas Prices used in Forecast Models
7/21/2022 2022 2023
Q1 Q2 Q3 Q4 YEAR YEAR
Actuals Actuals Forecast Forecast Forecast Forecast
WTI Oil $94.85 $108.41 $100 $105 $102 $100

HH Gas $4.48 $7.17 $7.00 $7.50 $6.54 $5.00

As each forecast model is updated, it will be posted to the EPG website home page. You can view the forecasts and download them directly from the home page.