Wednesday, January 24, 2018

Legacy Fund Depoits For January, 2018, Have Been Posted -- Slightly Higher Than Projected

Link here.



Earlier this month, I posted my projections. Here was that projection.
  • high end: $50,088,644
  • average: $43,868,722
  • low end: $38,280,059
  • actual: $46,242,885

Price of Bakken
Deposit, Reported
Ratio
Forecast
Price WTI
Delta

Director’s Cut
North Dakota State Legacy Fund deposit
Deposit divided by price of Bakken oil
Based on average ratio and estimated price of Bakken oil
Last week of the month
WTI - Price of Bakken oil





EIA data 

February 2018






January 2018






December 2017
49.25
44,431,000
902,152.28

$60.46
$11.21
November 2017
49.75
37,479,000
753,346.73

$58.35
$8.60
October 2017
43.56
37,220,000
854,453.63

$55.63
$12.07
September 2017
39.56
33,461,000
845,829.12

$51.67
$12.11
August 2017
37.93
31,803,000
838,465.59

$47.32
$9.39
July 2017
35.83
35,319,000
985,738.21

$49.57
$13.74
AVERAGE


863,330.93


$11.19
*********
********
*********
**********
*********
**********
***********








$49.81

863,330.93
$43,005,391.29

$61.00

$50.81

863,330.93
$43,868,722.22

$62.00

$51.81

863,330.93
$44,732,053.15

$63.00

$52.81

863,330.93
$45,595,384.08

$64.00

$53.81

863,330.93
$46,458,715.01

$65.00










High end
Low end





$45,841,364.74
$38,280,058.69










Price of Bakken
Legacy Fund Deposit Projected
Legacy Fund Deposit Projected
Legacy Fund Deposit Projected
Price WTI

Projection January 2018
$50.81
Average
High end
Low
$62.00

as of Jan 11

$43,868,722.22
$50,088,644
$38,280,059






No comments:

Post a Comment