RE:RE:RE:AECO $4.81 this morningThanks. Still don't get what you are being quoted. No one has real time available on AECO Hub prices or storage injections/withdrawals except those that have done transactions which will make up the average.
PNE said Q3 was a record from way back and we could surmise Q4 would be even better as the average AECO prices must have been about $1 above prior qtr's (without allowing for hedges in place at Sep30th going forward.)
Again, I hope they stop this ridiculous talk of a petty dividend. Just pay down debt, buy shares or, if they have to, make it a special, larger div at iregular intervals.
As I said before, Q1 '22 shud be as good as Q3 '21 and see no reason for Q2 not to be reasonable. Too far ahead to gauge 2H but it might have been reasonable for PNE to put new hedges in place by now.. Lots of uncertainty but trend to large LNG exports shud persist and hence less gas to Canadian hubs, in addition to which, everyone has some decline in prevailing prodn (PNE is what 10 to 15%, better than many) so we are all running the drill just to stand still. AMHO.