GREY:BNPUF - Post by User
Post by
grantstaon Nov 08, 2017 5:46pm
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Post# 26928800
Natural gas prices were ~20% higher a year ago
Natural gas prices were ~20% higher a year agoAt these margins, a 20% drop in revenue can mean a huge drop in profit
If futures go back to the $2.80-$3.20 range then share price should jump.
Since most of BNPs production is hedged it's future pricing that matters more than spot pricing.
https://www.gasalberta.com/gas-market/market-prices?p=pricing-market.htm