itchy fingersQ4 is going to be bad for all Canadian e&p companies which dont have some hedging in place . Overall VET has 59% of their production from Canada and targets mostly LSB an C5 whose prices have dropped 32% last few weeks however that discount is offset or hedged by their production from European operations that get far higher pricing .
Sentiment is just brutal at the moment but once it turns these prices will prove to be eye popping value .