This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Platts Launches New Daily Price Assessments Illuminating The Shale Value Chain

HOUSTON, May 20, 2014 /PRNewswire/ -- Platts, the leading global energy information provider and division of McGraw Hill Financial, yesterday introduced the first in a series of daily price assessments designed to help companies – from producers to end users such as petrochemicals manufacturers – to better understand price differentials and profitability factors in the U.S. shale natural gas and natural gas liquids (NGL) markets.

"Our new Shale Value Chain series seeks to quantify the close relationship between natural gas and NGL prices, put it into context and provide that value to market players striving to make business and trading decisions around that relationship," said Samantha Santa Maria, Platts managing editor of North American natural gas.  "Our new assessments, for example, enable gas producers to optimize margins, originators to determine which supply basin provides the most competitively priced raw products, and end-users to compare competing supply and fractionation sources."

Platts' Shale Value Chain consists initially of six daily price assessments, which were priced as noted at market close on May 19, 2014:
  • Gulf Coast Ethane Fractionation Spread:  The price differential between Mont Belvieu ethane and Platts' benchmark Houston Ship Channel gas price.  ( -0.993 cents/gallon)
  • Gulf Coast E/P Mix Fractionation Spread: The price differential between Mont Belvieu ethane/propane mix and the benchmark Houston Ship Channel gas price. ( 0.007 cents/gallon)
  • E/P Mix Midcontinent to Rockies Fractionation Spread: The price differential between Conway ethane/propane and Platts' Colorado Interstate gas price in the Rockies. ( -0.481 cents/gallon)
  • E/P Mix Midcontinent Fractionation Spread: The price differential between Conway ethane/propane and Platts' benchmark Natural Gas Pipeline Co. of America, Midcontinent zone, gas price. ( -1.345 cents/gallon)
  • National Raw NGL Basket Price: The Raw NGL basket price is a national valuation of the total components of the NGL barrel. ( 90.680 cents/gallon)
  • National Composite Fractionation Spread:  The price differential between the National Raw NGL Basket price and the benchmark Houston Ship Channel gas price. ( 61.187 cents/gallon)

"Even while tightening today, the fractionation spreads clearly show that overall NGL recovery economics remain strong," said Patrick Badgley, Platts associate editor of natural gas. "It is clear why producers continue to show interest in drilling in plays with a significant NGL presence."

All six assessments are available as Platts' new Shale Value Chain market data package, which contains historical data going back to January 1, 2011.  They are also now available on Platts Gas Alert, a real time service, and in two Platts' publications, Gas Daily and Oilgram Price Report.

By year-end, Platts expects to launch six additional Shale Value Chain assessments related to production from the Eagle Ford, Marcellus and Bakken shale plays.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.69 -0.59%
FB $119.49 1.43%
GOOG $711.11 1.40%
TSLA $214.93 1.61%
YHOO $37.23 0.79%


Chart of I:DJI
DOW 17,740.63 +79.92 0.45%
S&P 500 2,057.14 +6.51 0.32%
NASDAQ 4,736.1550 +19.0610 0.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs