GREY:WFREF - Post by User
Post by
qwqwon Jun 03, 2015 9:56pm
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Post# 23795286
TBE owners take note
TBE owners take noteI calculated TBE oil hedging gains for the second half of 2015.
It's not looking too good.They have gains of $25 mil on the WTI hedges
but $15 mil worth of losses on the WTI to WCS spread.The net gain
is only $10 mil for the second half of 2015.Their Q1 hedging gain
was $43 mil.