RE:RE:RE:Margin calls??Any company producing in Canada is going to get love. The valuations are just too low given the demand and price strip right now. Some are just more discounted than others. AAV and their MCCS technology give them another revenue stream and some leverage to ESG investing. In the long run, this is all noise. Eventually Peyto's hedges will catch up to higher strip pricing and the stock will rally. We are just discussing how much drag these hedges might put on and the impact to cashflows. The amounts right now are not really rounding error. All things considered I would have rathered they didn't up their hedges as much as they did in early March, and maybe even bought some summer 23 back... that ship has sailed though. Feels like I have been waiting for basis trades and low hedges to roll off for 3 years now.