Executives from oil and gasoline corporations have revealed the place they count on the Henry Hub pure gasoline value to be at numerous factors sooner or later within the fourth quarter Dallas Fed Vitality Survey, which was launched lately.
The survey requested members what they count on Henry Hub pure gasoline costs to be in six months, one 12 months, two years, and 5 years. Executives from 110 oil and gasoline corporations answered this query and gave a imply response of $3.99 per million British thermal items (MMBtu) for the six month mark, $4.30 per MMBtu for the 12 months mark, $4.57 per MMBtu for the 2 12 months mark, and $5.00 per MMBtu for the 5 12 months mark, the survey confirmed.
Executives from 121 oil and gasoline corporations answered this query within the third quarter Dallas Fed Vitality Survey and gave a imply response of $3.35 per MMBtu for the six month mark, $3.53 per MMBtu for the 12 months mark, $3.94 per MMBtu for the 2 12 months mark, and $4.50 per MMBtu for the 5 12 months mark, that survey confirmed.
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Executives from 116 oil and gasoline corporations answered this query within the second quarter Dallas Fed Vitality Survey and gave a imply response of $3.66 per MMBtu for the six month mark, $3.81 per MMBtu for the 12 months mark, $4.12 per MMBtu for the 2 12 months mark, and $4.50 per MMBtu for the 5 12 months mark, that survey confirmed.
Within the first quarter Dallas Fed Vitality Survey, executives from 117 oil and gasoline corporations answered this query and gave a imply response of $3.71 per MMBtu for the six month mark, $3.98 per MMBtu for the 12 months mark, $4.30 per MMBtu for the 2 12 months mark, and $4.83 per MMBtu for the 5 12 months mark, that survey confirmed.
The most recent Dallas Fed Vitality Survey additionally requested members what they count on the Henry Hub pure gasoline value to be on the finish of 2026. Executives from 124 oil and gasoline corporations answered this query and gave a mean response of $4.19 per MMBtu, the survey highlighted. The low forecast was $1.75 per MMBtu, the excessive forecast was $6.50 per MMBtu, and the typical every day spot value through the survey was $4.84 per MMBtu, the survey identified.
The fourth quarter Dallas Fed Vitality Survey was the primary Dallas Fed Vitality Survey which requested members what they count on the Henry Hub pure gasoline value to be on the finish of 2026. The earlier Dallas Fed Vitality Survey requested members what they count on the Henry Hub pure gasoline value to be on the finish of 2025.
Executives from 133 oil and gasoline corporations answered this query within the third quarter survey and gave a mean response of $3.30 per MMBtu, that survey highlighted. The low forecast was $2.20 per MMBtu, the excessive forecast was $4.75 per MMBtu, and the typical every day spot value throughout that survey was $2.99 per MMBtu, the third quarter Dallas Fed Vitality Survey identified.
Different Pure Gasoline Value Projections
In its newest quick time period vitality outlook (STEO), which was launched on December 9, the U.S. Vitality Data Administration (EIA) projected that the Henry Hub spot value will common $3.56 per MMBtu in 2025 and $4.01 per MMBtu in 2026.
A quarterly breakdown included in that STEO projected that the Henry Hub spot value will are available at $3.87 per MMBtu within the fourth quarter of this 12 months, $4.35 per MMBtu within the first quarter of 2026, $3.32 per MMBtu within the second quarter, $3.91 per MMBtu within the third quarter, and $4.48 per MMBtu within the fourth quarter of 2026.
In a J.P. Morgan report despatched to Rigzone by the JPM Commodities Analysis workforce on December 12, J.P. Morgan projected that the U.S. pure gasoline Henry Hub value will common $3.59 per MMBtu total in 2025 and $3.74 per MMBtu total in 2026.
That report confirmed that J.P. Morgan noticed the commodity coming in at $3.45 per MMBtu within the fourth quarter of 2025, $3.85 per MMBtu within the first quarter of subsequent 12 months, $3.35 per MMBtu within the second quarter, $3.60 per MMBtu within the third quarter, and $4.15 per MMBtu within the fourth quarter.
In a report dated December 10, which was despatched to Rigzone lately by the Normal Chartered workforce, Normal Chartered projected that the NYMEX foundation Henry Hub U.S. pure gasoline close by future value will common $3.550 per MMBtu total in 2025 and $4.025 per MMBtu total in 2026.
Macquarie projected, in a report despatched to Rigzone by the Macquarie workforce on December 5, that the U.S. pure gasoline value will common $3.66 per MMBtu total in 2025 and $3.80 per MMBtu total in 2026.
To contact the writer, electronic mail andreas.exarheas@rigzone.com
