RE: hedgingWell, "knowsnothing" at least you're living up to your handle.
Perhaps you should read the press release a little closer and see the term "price insurance hedge". Next, I suggest you get off your high horse and call the company to ask the company what form the hedge is in and what term it applies to... there is more than one way to hedge gas and the press release doesn't give you the dates of the hedged period.
In short, I'm 100% confident that you, knowsnothing, have joined the ranks of lostvegas in my books as two lost souls feeling your way in the dark and calling anyone who tries to show you the light an idiot.
I could care less what you "think" you know.
I've done my DD to the nth degree... have you?
Pick up the phone and stop guessing. Sheeesh.