I think that cccpg should limit any hedging going forwardthis might be the reason why stock is not moving as much as it should be. saddled with high costs and their hedging percentage is high considering we are in an energy bull market now?
what do you people think?
this entire heavy reliance on hedging is due to the fact that they are bloated in costs and need have certainty in their future revenue numbers.
had they done what everyone else did. get rid of any and all unnecessary people. they wouldn't have been where they are now. instead, management decided to not only give them lifetime employement guarantees. they started an employee stock plan to reward them some more LOL
you can't make this spit up