Results for “Brent Scowcroft”

…timates; Hess shares fully dluted 324.2mm shares after prefernce convert Note that at current strip oil prices of ~$55 Brent, this is closer to $14.4/sh of which Payara is ~$6/sh or $2.0bn. On a ‘risked’ basis, we believe this is a reasonable development scenario representative...

…) 337 JPM EM Corporates (CEMBI) 15.4% Quarterly Averages Commodities Current 1204 13Q1 1302 13Q3 GSCI Index YTD Return* Brent ($/bbl) 110 105 2 105 120 Energy 3.1% Gold ($/oz) 1733 1725 1750 1775 Precious Metals 8.7% Copper ($/metric ton) 1629 8300 8500 8700 Industrial Metals 2.5...

…further impact on EUR, but a ECB rate cut would push it a few cents lower versus the dollar. e Commodities — Stay long Brent and short gasoline. e US stocks continue to gain, with the benchmark S&P500 breaching its all time high level today in a gentle fashion. Bonds are genera...

…reduce American dependence on foreign oil (“end” is the word used). This is an appealing proposition, particularly with Brent oil prices now 5 times higher than natural gas prices on a BTU basis. So, let’s assume that the US wanted to cease all oil imports from Venezuela, Russia...

…reduce American dependence on foreign oil (“end” is the word used). This is an appealing proposition, particularly with Brent oil prices now 5 times higher than natural gas prices on a BTU basis. So, let’s assume that the US wanted to cease all oil imports from Venezuela, Russia...

…) 337 JPM EM Corporates (CEMBI) 15.4% Quarterly Averages Commodities Current 12Q4 13Q1 13Q2 13Q3 GSCI Index YTD Return* Brent ($/bbl) 110 105 112 105 120 Energy -3.7% Gold ($/oz) 1733 1725 1750 1775 Precious Metals 8.7% Copper ($/metric ton) 7629 8300 8500 8700 Industrial Metals...

…l was ‘closer and closer’. This optimism about an agreement, at least on some points, weighed heavily on oil today with Brent dropping 2.5%. In my opinion, even if the talks end positively with agreement on key points, the deal has been softened enough compared to what was origin...

… NKY Jun17-Jun18 18,500 strike FVA Long Russell 2000 vs. short S&P 500 Dec-18 var spread Buy 1x Jun? 64 call on Aug17 Brent futures, sell 1x SXEP Jun17 330 call Buy SPX 6m ATM call contingent on GLD 5% higher in 3m Long NKY - SPX Dec-18 corridor var replication Buy NDX Top20 v...

…further impact on EUR, but a ECB rate cut would push it a few cents lower versus the dollar. e Commodities — Stay long Brent and short gasoline. e US stocks continue to gain, with the benchmark S&P500 breaching its all time high level today in a gentle fashion. Bonds are genera...

…NKY Jun17-Jun18 18,500 strike FVA Long Russell 2000 vs. short S&P 500 Dec-18 var spread Buy 1x Jun17 64 call on Aug17 Brent futures, sell 1x SXEP Jun17 330 call Buy SPX 6m ATM call contingent on GLD 5% higher in 3m Long NKY - SPX Dec-18 corridor var replication Buy NDX Top20 v...

… $80 / share is based on a 5-year outlook which assumes a 5.5x DACF multiple and a commodity deck of $67.50 WTI and $70 Brent to which we add $10/ sh for Liza in offshore Guyana. The multiple is based on a finite timeline to delivery which is supported by core NAV. The risks to...

…) 322 JPM EM Corporates (CEMBI) 0.5% Quarterly Averages Commodities Current 13Q2 13Q3 1304 14Q1 GSCI Index YTD Return* Brent ($/bbl) 110 108 120 120 122 Energy -0.1% Gold ($/oz) 1595 1775 1800 1775 1800 Precious Metals -3.8% Copper ($/metric ton) (otf 8700 9000 9200 9400 Industr...

….5% Our house view is that oil should rebound long Interest Cover -10.1x -31.1x -3.8x -1.0x 0.1x term to $75 WTI / $80 Brent. Investment case anchored by exploration prospects led by Guyana. Added to this, it has a strong balance sheet, low Income Statement Data (Dec) (US$ Mi...

… $80 / share is based on a 5-year outlook which assumes a 5.5x DACF multiple and a commodity deck of $67.50 WTI and $70 Brent to which we add $10 / sh for Liza in offshore Guyana. The multiple is based on a finite timeline to delivery which is supported by core NAV. The risks to...