RE:RE:What Next? From their Sep 30 2020 financials we know they have 2 three way collars on as hedges.
one for 200 b/d expiring Mar 31. 45.50 / 52.00 / 65.00
one for 600 b/d expiring Dec 31. 40.00 / 50.00 / 62.45
with recent rise in oil prices, both of these hedges are good right now.
Hard to say if they will leave these on now that prices are up. They could close them out, maybe have done so already.
Really bad optics by the company, leaving shareholders in the dark.
I have only a small position in PPR, having sold at a loss on the way down.