RE:RE:Using $100mm /qtr in FCF As for this comment, it’s simply wrong
“You're missing that they aren't selling barrels for $70 bucks. It's mostly hedged at much cheaper prices.”
I don’t know how to post an image to a URL, but I have a chart that shows VET as having the lowest hedges in NA shale companies and nearly unhedged after Q2 2021 [about 1500 bbls oil vs 85000 boe production]
If you want the picture, send me an email at james_craigen@hotmail.com
I KNOW that this is right, or I wouldn’t own 100k shares of this company