Energy Industry Report: Energy Perspectives-August 2012

Now that we are well beyond mid-year 2012, we thought it would be interesting to take a look back at the large financial institutions commodity pricing forecasts from our February issue of Energy Perspectives and compare the information to the updated crude oil and natural gas forecasts for the year.

This edition of Energy Perspectives includes:

  • Discussion of Analysts’ views of current and 2013 forecasted prices of crude oil and natural gas
  • Public trading data across the energy sector
  • Recent energy sector M&A transactions

Of the twelve institutions tracked, all but one have adjusted their crude oil prices downward. Overall, oil price expectations were revised downward approximately 9% to $94.20 per barrel. The current 2013 oil price outlook for the group averages a modest price improvement to $96.00 per barrel, representing less than a 2% increase.

This group forecasts an average improvement of close to 27% for natural gas in 2013 ($3.60 per thousand cubic feet or MCF). However, this forecasted improvement may be the direct result of a 21% reduction, to $2.80 per MCF, in their forecast for 2012 since our February report. The general outlook among this group is that natural gas prices will rebound in 2013 to close to their original 2012 forecasted natural gas price of $3.70 per MCF.

Energy Industry Report: Energy Perspectives-August 2012 2012-08-28T00:00:00.0000000 /insights/publications/m-and-a/energy-industry-report-energy-perspectives---august-2012 publication {D59CA77E-C551-45A3-BE89-F567210C5A60} {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {C7EA9B07-9885-44FF-9E43-6BD207D93C03} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {13E28841-C245-441D-8C3B-49E72DA5381C} {9B44E83A-E993-4902-AAE0-82849CEAD728}

Related Services

Duff & Phelps Corporate Finance

Corporate Finance

Comprehensive support throughout mergers and acquisitions and other corporate transactions.

Corporate Finance
Duff & Phelps Corporate Finance

Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory
Duff & Phelps Corporate Finance

Corporate Finance

Energy and Mining M&A

Energy and Mining expertise for middle-market M&A transactions.

Energy and Mining M&A
Duff & Phelps Corporate Finance

Corporate Finance

Transaction Advisory Services

Seamless analytical advisory through the deal continuum, from transaction origination to closing.

Transaction Advisory Services
Duff & Phelps Corporate Finance

Corporate Finance

Financial Sponsors Group

Dedicated coverage and access to M&A deal-flow for financial sponsors.

Financial Sponsors Group

Case Studies

Insights