SSN 0.00% 1.5¢ samson oil & gas limited

Maybe should have added some WTI Futures pricing at present I...

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    Maybe should have added some WTI Futures pricing at present

    I see the following off of CME for WTI
    Aug'18 Futures at $50.37
    Aug'19 Futures at $52.17
    Aug'20 Futures at $53.64
    Jul'21 Futures at $54.66

    Futures pricing is usually not a great predictor of price - taken from an article in Financial Post  Aug'15
    "How bad an indicator of future spot prices is the futures strip? In the 175 months since January 2001 that Jarrah tracked, the futures strip overestimated the actual price 32 per cent of the time, and underestimated it the other 68 per cent."

    FWIW.

    GFTA.
 
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