Note: Contains some Morgan Stanley analysis of larger O&G stocks- not HZN.
'Morgan Stanley's team reckons Brent oil will be $US85 a barrel by the end of 2019 and $US90 a barrel by 2020. It had previously forecast $US65 a barrel in both 2019 and 2020 and attributed the upgrade to strong global demand and regulatory changes. The long-term price was lifted to $US70 a barrel, from $US65. '
By way of comparison, APP Securities assumed Brent oil prices of $70.1 in 2019 and $64.8 in 2020 in its 30/4/18 HZN research report. APP's base case assumes a LT price of US$65/ bbl.
DYOR
Note: Contains some Morgan Stanley analysis of larger O&G...
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Mkt cap ! $308.3M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $50.08K | 262.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 235683 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 911764 | 11 |
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