RE:RE:RE:Natural gas continues to soarI don't get the hedges. Kelt are debt free, run like Birchcliff debt free. Hedges rarely work out for the E&P. Did they really need to manage the risk? Lost a lot of upside on bad hedges.
Now with AECO & HH > $7, I expect 'none' of the E&P's to apply hedges up there.. only much lower..
This stock is starting to drag, what are the next catalysts? It's been very very quiet, for so long. Debt free but no moves? No M&A, No real A&D. What are they doing?
~TGC.