RE:Zero Hedging Debt, Hedges 2022 look great....I think they'll take a significant impairment in 2022 due to hedges. That's just me. I'm insanely bullish on the oil price. They've got it all set up for a large and predictable cash flow and debt repayment. I liked the hedges a lot last year and they weren't needed.
MyHoneyPot wrote:
What really excited me about CPG, and what really reduces the risk for an investor is their Hedge book going into 2022.
A lot of companies avoid putting their risk management costs out there, some companies loose more than a billion dollars in risk management in a year.
2022 Hedges
CPG's 2022 hedges look fantastic, and i don't expect any large hedging losses here, and they are just going to have super charged cash flow.
2022 will be the year for CPG and i expect the stock to double from here in 2022.
IMHO