Teck Resources Ltd Class B (Sub Voting)
TECK.B: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 75.00 | Pmxqq | Gwwspvwqm |
Oil and Gas Price Outlook: Updating Our Near-Term Methodology for Forecasting Prices
Given the large discrepancy that has emerged between 2017-18 Brent futures prices (currently $40-$47 per barrel) and the Morningstar energy team's outlook for midterm oil industry fundamentals, we are amending our methodology for forecasting near-term oil and gas prices.