ITG Investment Research Releases Energy Industry and Institutional Investor Survey
Natural Gas Forecasts: Nearly 80% of the industry executives and investors have long-term NYMEX natural gas price forecasts of
$4.00/MMbtu, while 14% forecast $3.00/MMbtu and fewer than 6% forecast a price of $5.00or higher.
Long Term Oil: 60% expect
$80/bbl WTI crude, while 20% expect prices below $80and almost 20% forecast $90/bbl.
Rig Counts: A majority of respondents expect higher rig counts in the
Permian Basinand lower rig counts in the Haynesville, Marcellusand Uticaplays.
Long/Short Plays: More than 50% of respondents would like to have long exposure to the
Permian Basinin 2015, while 17% would like to be long South Texasplays (including Eagle Ford). 51% of respondents would choose to have short exposure to the Tuscaloosa Marine Shale.
E&P Sector: Only 38% of respondents expect the Exploration & Production sector to outperform the
S&P500 in 2015.
- Keystone XL: Only 27% of respondents expect the Keystone XL pipeline to receive U.S. approval before the next president takes office in January 2017.
With a dedicated team of geological and petroleum engineers and financial analysts,
For more details and photos of the Play by Play energy conference, please visit www.itg.com/lp/play-by-playHouston. To request a full copy of the survey results and access to the several hundred slides of conference presentation materials, contact firstname.lastname@example.org or call the
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