limhuileong
2021-07-12
Good luck
Poor Hedging Could Cost U.S. Shale $20 Billion
免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
我们需要你的真知灼见来填补这片空白
打开APP，发表看法
APP内打开
发表看法
1
1
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":146317084,"tweetId":"146317084","gmtCreate":1626053735148,"gmtModify":1633930625396,"author":{"id":3574150988172179,"idStr":"3574150988172179","authorId":3574150988172179,"authorIdStr":"3574150988172179","name":"limhuileong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Good luck</p></body></html>","htmlText":"<html><head></head><body><p>Good luck</p></body></html>","text":"Good luck","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/146317084","repostId":1131667592,"repostType":4,"repost":{"id":"1131667592","kind":"news","pubTimestamp":1626053253,"share":"https://ttm.financial/m/news/1131667592?lang=&edition=full","pubTime":"2021-07-12 09:27","market":"fut","language":"en","title":"Poor Hedging Could Cost U.S. Shale $20 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1131667592","media":"zerohedge","summary":"U.S. shale oil producers have suffered billions in losses from hedging their output at lower than cu","content":"<p>U.S. shale oil producers have suffered billions in losses from hedging their output at lower than current prices, the Financial Timesreported today, citing data from IHS Markit.</p>\n<p>According to the consultancy, even though crude oil is trading at over $70 per barrel right now,<b>U.S. shale producers are selling their barrels for an average of $55 because that’s the price they hedged their future sales at.</b></p>\n<p><img src=\"https://static.tigerbbs.com/009bd7695d2283b71ea9977be94749cb\" tg-width=\"500\" tg-height=\"664\"></p>\n<p>For the first half of the year, IHS Markit says, losses have reached $7.5 billion but if oil prices remained around $75 per barrel,<b>this could add another $12 billion during the second half of the year as demand continues improving.</b></p>\n<p>This, the report notes, could give OPEC more pricing power: because of their badly miscalculated hedging, U.S. shale oil producers are unlikely start boosting production in any major way anytime soon. As a result, OPEC can do pretty much what it wants with its own production and push prices however high it wants.</p>\n<blockquote>\n <i><b>“Opec gets a pass to keep lifting prices right now if it wants to, without fearing much of a US supply response,”</b></i>Bill Farren-Price, an analyst at Enverus, told the FT.\n <b>“Shale producers are locked into selling their oil cheaply this year.”</b>\n</blockquote>\n<p>Meanwhile, U.S. shale producers have become wary of hedging, according to a Reuters report from earlier this week.</p>\n<p>After a surge in hedging in June, the report noted, companies have now retreated and adopted a wait-and-see attitude, not least because of bullish forecasts on oil prices.</p>\n<blockquote>\n <i><b>\"With every bank saying that oil will be at $90-$100, no one is going to put hedges on right now,\"</b></i>one industry executive told Reuters.\n</blockquote>\n<p>Shareholders are sceptical of the benefits of hedging, too, Reuters reports, citing analysts. In fact, shareholders would rather companies ramped up production than hedging, which is acting as a deterrent factor, too. Still, some shale producers are hedging more, although these are a small minority.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Poor Hedging Could Cost U.S. Shale $20 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPoor Hedging Could Cost U.S. Shale $20 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 09:27 GMT+8 <a href=https://www.zerohedge.com/energy/poor-hedging-could-cost-us-shale-20-billion><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. shale oil producers have suffered billions in losses from hedging their output at lower than current prices, the Financial Timesreported today, citing data from IHS Markit.\nAccording to the ...</p>\n\n<a href=\"https://www.zerohedge.com/energy/poor-hedging-could-cost-us-shale-20-billion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/energy/poor-hedging-could-cost-us-shale-20-billion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131667592","content_text":"U.S. shale oil producers have suffered billions in losses from hedging their output at lower than current prices, the Financial Timesreported today, citing data from IHS Markit.\nAccording to the consultancy, even though crude oil is trading at over $70 per barrel right now,U.S. shale producers are selling their barrels for an average of $55 because that’s the price they hedged their future sales at.\n\nFor the first half of the year, IHS Markit says, losses have reached $7.5 billion but if oil prices remained around $75 per barrel,this could add another $12 billion during the second half of the year as demand continues improving.\nThis, the report notes, could give OPEC more pricing power: because of their badly miscalculated hedging, U.S. shale oil producers are unlikely start boosting production in any major way anytime soon. As a result, OPEC can do pretty much what it wants with its own production and push prices however high it wants.\n\n“Opec gets a pass to keep lifting prices right now if it wants to, without fearing much of a US supply response,”Bill Farren-Price, an analyst at Enverus, told the FT.\n “Shale producers are locked into selling their oil cheaply this year.”\n\nMeanwhile, U.S. shale producers have become wary of hedging, according to a Reuters report from earlier this week.\nAfter a surge in hedging in June, the report noted, companies have now retreated and adopted a wait-and-see attitude, not least because of bullish forecasts on oil prices.\n\n\"With every bank saying that oil will be at $90-$100, no one is going to put hedges on right now,\"one industry executive told Reuters.\n\nShareholders are sceptical of the benefits of hedging, too, Reuters reports, citing analysts. In fact, shareholders would rather companies ramped up production than hedging, which is acting as a deterrent factor, too. Still, some shale producers are hedging more, although these are a small minority.","news_type":1,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9,"MCLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":227,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/146317084"}
精彩评论