RE:Based on the last 1/4baystreetslime wrote: With production up 5% and the hedging in place we should see .10 a share in earnings on this 1/4
Even if there is a loss with oil going up and short covering going on things look tough to short.
Some alalysts are predicting a .13 a share loss so anything better than that and it will be time to run for cover
Unfortunately their hedging position changes from around 48% to 8 % in 2018 and without an oil price recovery will not be good for bte, Unfortunately this one is a purely speculative play betting on solvency