Nat Gas above $3WTI crossed $60 and Nat gas over $3.
Production mix (% of production) IN Q3 2020
priced with reference to WTI 40%
priced with reference to Dated Brent 17%
priced with reference to AECO 28%
priced with reference to TTF and NBP 15%
Q3 2020 benchmark pricing accroding to latset financials.
WTI (US $/bbl) 40.93
Brent (US $/bbl) 43.00
AECO ($/mcf) 2.24
NBP ($/mcf) 3.67
TTF ($/mcf) 3.51
Today Feb 14 benchmark pricing
WTI (US $/bbl) $60.41 up 48%
Brent (US $/bbl) $63.20 up 47%
AECO ($/mcf) $6 up 168%
NBP ($/mcf) 6.14 up 67%
TTF ($/mcf) 6.18 up 76%
My numbers might be off slightly as prices are constantly changing...although lately they've only been going one way. Some of the numbers are hard to find and if I'm off by significant amounts somewhere please let me know.
Lets not forget in Q3 2020 VET had 83m FCF and paid off 55m of debt.
The FCF and debt repayment is going to be huge in Q1 2020 if these benchmark numbers can hold even half of these gains.