RE:RE:RE:CME Henry Hub movingShenty, of course the market is forward looking, but comparing ARC to PEY as far as looking at the 2022 curve isn't fair. ARC is only 31 percent hedged for 2022 (as per their January presentation) compared to PEY, which has about two thirds of their production hedged. ARC also has a much higher liquids percentage, which probably lends itself to a better FCF outcome. I'm still very constructive on PEY, and it's my largest holding, but Peyto is a very conservative operator, and their 2022 hedging program is looking pretty bad right now, so I just caution people not to get too excited. PEY will trade in the same direction as natural gas, but it's likely to lag its peers, and obviously the commodity itself. The opportunity cost of owing PEY versus a much more exposed natural gas producer gets greater with each penny that natural gas moves higher. Their cost advantage also becomes less relevant. Good luck though to all!