RE:Hedging explainedThey went for a single and should have gone for a home run. Oil prices were turning and the banks forced them into such hedging to protect their loans, management was protesting their contracts with zero regard for shareholders. We needed a home run. Not hedging based on survival. 2022 hedges are terrible, we lose $130 million at current oil prices. That sounds ultra conservative to protect the company but the shareholder gets hosed bigtime. The goal should be shareholder upside and they went for protection against bankruptcy. After the last 7 years I want upside not a survival strategy.