Post by
Energyinvest231 on Nov 21, 2023 11:29am
hedged.
Are traders missing the fact that SOIL is hedged for the next couple years protecting them from these lower oil prices?
Comment by
Suppe11 on Nov 22, 2023 4:19pm
Seems more like you're missing, that they hedged (some) below these lower oil prices...
Comment by
a2bman on Nov 23, 2023 9:54am
Sup, How does that change the value of the company?
Comment by
TerribleEng on Nov 23, 2023 9:29pm
Yeah... it doesn't matter what price they are hedged at. What matters in that over 2/3rds of their after royalty cashflows are not tied to commodity fluctuations.
Comment by
a2bman on Nov 24, 2023 9:03am
Thats what I thought. Its already baked in. The rest can ride the wave.
Comment by
VeritasVern on Dec 09, 2023 11:24am
What price(s) are they hedged at? Assuming levels that are considerably higher than current prices. SOIL is the Rodney Dandgerfield of stocks, too small to get noticed
Comment by
ppp on Dec 11, 2023 8:53am
Page 23 of their Dec presentation outlines all their hedges