Reminder of Reference Prices Journey used for 2021 Natural gas AECO $3.20 Today 12 month futures $4.48 Spot price $5.09
OIL WTI $66. Today $81.40
FX .80 cents today .81 cents
I would guess annualized cash flow at this stage is close to $1 per share.
Fourth quarter results will be outstanding..
Cant wait for 3rd quarter report.
Regarding hedges I would hope Journey over the next 6 weeks or so considers hedging some production..Especially natural gas.