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Energy

Data cutoff intraday
All research on Energy
Modeled fair value
USO · US Crude Oil
-1.0Somewhat expensive
406080100120140160180200FAIRMARKET
P10–P90P25–P75Median fair valueToday's market price = 100

Today’s price sits at the 66.7th percentile of modeled fair value 33% of modeled scenarios put fair value above the market.

Median fair value
94.0
index, market = 100
Upside to median
-6.0%
Last close
$125.03
2026-08-13
Confidence
high
80/100
Modeled returns

Return distributions, not point forecasts

Percentiles describe the spread of scenario outcomes under the stated method. The width of the range carries as much information as the midpoint.

One year

modeled
P90
+35.0%
P75
+18.0%
Median
+1.0%
P25
-12.0%
P10
-28.0%

52% of modeled scenarios end positive.

Scenario return distribution anchored to current economic value, income/carry where applicable, and partial valuation convergence; not a long-run-average forecast.

Three years, annualised

modeled
P90
+18.0%
P75
+11.0%
Median
+3.0%
P25
-5.0%
P10
-12.0%

Annualized multi-year scenario distribution using current fair value, economic carry/growth, and gradual rather than forced normalization.

Against the Treasury hurdle

1y Treasury
4.00%
Expected excess
-3.0%
Basis
direct

DGS1 is the preferred current annual investment-basis hurdle; modeled expected excess is not guaranteed return.

Instruments

5 in this asset class

SymbolValuationFair valueLast close1y modeled
USO
US Crude Oil
-1.0Somewhat expensive94.0$125.03+1.0%
BNO
Brent Crude Oil
Unavailable$49.74
UNG
Natural Gas
Unavailable$9.97
XLE
US Energy Sector
Unavailable$61.06
XOP
Oil and Gas Producers
Unavailable$179.17