RE:RE:RE:RE:HedgesMHP...need to account for the fact that another Q of hedges has already rolled off..although in net aggregate total hedging loss may be higher given the $2+ massive run in NG, the amounts hedged declined signficantly with last Q roll off so net net..still a higher hedging loss, but total volume hedged drops each Q which will limit hedging losses as we move forward..
Still will have massive cashflow on unhedged portion...they wont know what to do with all the cash..you just can;t spend that much that fast wisely.