RE:Also.. 20% of Crew's Chicago /ATP Alliance is unhedged :)...and the crazy prices lasted about 5 days.
Cheadle12 wrote: and Chicago spot spiked up to $120/MMbtu for a week there.. this alone on the unhedged volumes would provide as much cash flow as hedged @ $3 for 2 years..
crazy that this wasn't picked up.
Check their hedging numbers and slide in the presentation and you'll see.
Here's the Chicago pricing check the spike to $120!!
https://www.naturalgasintel.com/data-snapshot/daily-gpi/MCWCCITY/