RE:RE:From the conference callHey red2000 , I have no idea regarding the 24/25 unless they took a more conservative price estimate . Might be a question for IR .
On a side note (fun fact) , there was over 25 million shares short as of the last report . Now consider that even if every share bought so far today went to cover a short (highly unlikely) , that still leaves about 12.5 million shares short . I could see some margin calls happening this weekend for diehards and dreamers like deepdodo . Maybe deepdodo will "imagine" a margin call on his imaginary short , lol . Any thoughts ?
red2000 wrote: Hi Topdown99 !
To be exact it's 3,4B$ at 85$ WTI
That include 400M$ of 2021 !
Base on their presentation of March
2022 : 600M$ (Hedge at 68$ for 42%)
2023 : 900M$ (Hedge at 88$ for only 9%)
2024 : 760M$ (No more hedge)
2025 : 740M$ (No more hedge)
A bit surprise, this little downsize when we see boe/d expected to be at 87,000 in 2024 and 89,000 boe/d in 2025 !!
Any comments ?