GREY:BNPUF - Post by User
Comment by
shambano1on Oct 09, 2015 9:11am
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Post# 24178505
RE:RE:BNP has strong hedges for 2016/17
RE:RE:BNP has strong hedges for 2016/17they are focusing on ther best plays and these plays alone can keep them growing production for years to come, so with all of their land, it won't hurt if they sell some land to help lower debt and make their bankers less nervous.
I'm not advocating selling the family jewwls, or buring the furniture during winter to keep warm..
less debt also means stronger balance sheet and they can add land to their best plays at reasonable metrics.
great long term safe investment, it's too bad they killed the SP with the commodity crash
not many companies are hedged out 2-3 years like BNP and still pay a decent dividend
but DYODD