ITG Investment Research Releases Energy Industry and Institutional Investor Survey Poll of Participants at ITG Investment Research Conference
- Oil Prices: Two-thirds assume WTI crude will be at or below
$60/bbl when making investment decisions, while fewer than 5% use long-term prices at or above $80/bbl.
- Natural Gas Forecasts: 50% of the industry executives and investors use long-term NYMEX natural gas price decks of
$3.00/MMbtu, while 30% use $2.50/MMbtu. When asked whether gas was more likely to reach $1.50or $3.50first, 60% of respondents chose the lower price.
- Long/Short Plays: Nearly two-thirds of respondents would like to have additional long exposure to the
Permian Basinin 2016, weighted to the Delawaresub-basin. 50% of respondents would choose to have short exposure to either the Tuscaloosa Marine Shaleor Appalachia, with another 13% preferring to avoid Canada.
- E&P Sector: Only 40% of respondents expect the Exploration & Production sector to outperform the
S&P500 in 2016, similar to last year’s survey result.
The energy research group has a dedicated team of geological and petroleum engineers and financial analysts covering more than 150 companies operating in every key North American and many international energy plays. ITG announced on
For more details and photos of the Play by Play energy conference, please visit http://www.itg.com/lp/2015-play-by-play-energy/. 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
ITG (NYSE:ITG) is an independent broker and financial technology provider that partners with global portfolio managers and traders to provide unique data-driven insights throughout the investment process. From investment decision through settlement, ITG helps clients understand market trends, improve performance, mitigate risk and navigate increasingly complex markets. ITG is headquartered in
J.T. Farley(212) 444-6259 email@example.com