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Jun 25, - Futures strips are typically used to lock in a specific price for a targeted time-frame which can be quite useful from an operations point of view.

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Description:
(In practice, most contracts are settled in cash.) The strip price is a term that is mainly in use in energy markets, and refers to the price of a futures strip. A futures strip is the simultaneous purchase (or sale) of futures with sequential delivery months -- for the same underlying commodity, of course.

Strip Price means (x) for purposes of determining Hedge PV and/or the value of Oil and Gas Properties constituting Proved Reserves, the price estimated by the Borrower in a Reserve Report prepared by the Borrower's petroleum engineers applying the ICE(Brent)/NYMEX (as applicable) published forward prices adjusted for.

Views: 42705 Date: 21.08.2019 Favorited:91
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