How do you calculate strip price?

Discussion in 'Energy Futures' started by ScapGF, Mar 16, 2009.

  1. ScapGF

    ScapGF

    Hello

    Sorry for the dumb question, but if I am going to calculate the strip price for NatGas contracts from July 2009 - June 2010 do I simply pull up the current price of each contract, add them up, and divide by 12?
     
  2. You are correct.
     
  3. ScapGF

    ScapGF

    Excellent

    Does anyone know if there is a way to pull this data into a Reuters chart on Xtra3000?
     

  4. It could also be volume weighted (more in the winter, less in the summer). it could also be based on a season (injection season, withdrawl season), or it can be a straight calendar strip like you are suggesting. just depends.