RE:RE:RE:Strange performanceThe Share price of SGY will take a sudden abrupt halt when it announces its Mark to Market hedging losses when it reports Q1 numbers.
Not as bad as say, BTE, or CPG or BNE, but it will take a hit, and no marketing in the world will stop investors from seeing $40 x 3,000 x 365 = 1/4 of SGY's FCF for the entire year (which will be realized over the course of 2022) vs nil going forward for OBE.
OBE just needs to let the cash roll in, pay off debt and take advantage of these prices to keep their foot on the gas on their drilling program.
The results will speak for themselves.