OTCPK:VREYD - Post by User
Post by
LNGStrongon Apr 27, 2020 3:59pm
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Post# 30959238
tog fundamentals
tog fundamentalsi want to get into TOG more than my current position but i'm worried about balance sheet and cash flow as wti has slid so much with over-production and a glut of oil to drawn down over the next 12-18months.
looking at TOG's 2019YE it seems like they're only hedged ~3500bbl/s of 28,500bbl's total. How well will TOG cope with low oil pricing given the headwinds in the next few quarters?