BPT - Oil And Gas Trust Value Ranking July 2019
As those familiar with my articles know, I forecast the value and future distributions of various oil and gas trusts. This article presents a comparison of 13 trusts, given forecasts of their future performances.
“The Model”
Underpinning my analysis are models that I’ve developed to forecast the future performance of oil and gas trusts. Each model estimates the future distributions of a trust based upon tailored forecasts for each element of that trust’s income statement, including production volumes, sales prices, production and capital costs, administrative fees, and financing charges.
Based on the output of a