據(jù)世界石油1月6日休斯敦報(bào)道，二疊紀(jì)盆地最大的石油生產(chǎn)商先鋒自然資源公司(Pioneer Natural Resources Co.)完成了今年幾乎所有的對(duì)沖交易，表明原油價(jià)格前景樂(lè)觀。

先鋒自然資源在周三提交的一份文件中表示，此舉將在2022年期間花費(fèi)3.28億美元，但該公司將很好地應(yīng)對(duì)油價(jià)的任何上漲。該公司還表示，去年第四季度回購(gòu)了2.5億美元自有股票。

RBC資本市場(chǎng)分析師Scott Hanold在一份報(bào)告中表示，對(duì)沖貨幣化策略使2022年油價(jià)進(jìn)一步走強(qiáng)。

美國(guó)頁(yè)巖鉆探商使用互換和期權(quán)等金融工具來(lái)對(duì)沖石油和天然氣生產(chǎn)，并確保他們有足夠的現(xiàn)金支付鉆井成本和債務(wù)。這一策略在2020年原油價(jià)格暴跌期間獲得了豐厚回報(bào)，但在2021年市場(chǎng)飆升時(shí)卻變得不忍卒睹。

由于原油價(jià)格上漲，以及在疫情初期購(gòu)買的對(duì)沖基金縮水，先鋒自然資源去年遭受了逾20億美元的損失。

郝芬 譯自 世界石油

原文如下：

Permian’s biggest oil producer closes 2022 hedges in bullish outlook

Pioneer Natural Resources Co., the biggest oil producer in the Permian Basin, closed out almost all its hedges for this year, indicating a bullish outlook for crude prices.

The move will cost $328 million spread over the course of 2022, Pioneer said in a filing Wednesday, but leaves the company well positioned to bank any uplift in oil prices. The company also said it bought back $250 million of its own shares during the fourth quarter.

“The hedge monetization strategically positions PXD for further strength in 2022 oil prices,” RBC Capital Markets analysts Scott Hanold said in a note.

U.S. shale drillers use financial instruments like swaps and options to hedge oil and natural gas production and make sure they have enough cash to cover drilling costs and debt payments. The strategy that paid off handsomely during 2020’s crude-price collapse turned painful in 2021 as the market surged.

Pioneer incurred losses valued more than $2 billion last year as crude prices rose and hedges acquired during the early days of the pandemic moved underwater. 

免責(zé)聲明：本網(wǎng)轉(zhuǎn)載自其它媒體的文章，目的在于弘揚(yáng)石化精神，傳遞更多石化信息，并不代表本網(wǎng)贊同其觀點(diǎn)和對(duì)其真實(shí)性負(fù)責(zé)，在此我們謹(jǐn)向原作者和原媒體致以敬意。如果您認(rèn)為本站文章侵犯了您的版權(quán)，請(qǐng)與我們聯(lián)系，我們將第一時(shí)間刪除。