Re: Cpg never lost a single penny to hedgeingLash if you check the latest quarterly report it states " realized loss on derivative contracts ($13.84 per barrel).......i do understand that this was a non cash loss.......but nonetheless cpg needed to produce those barrels and incurred expenses to do so..........so the actual monetary loss is actually much greater than the stated $13.84 per barrel as that amount does not include things like operateing ecpense ....transportation..........in other words they gave away about 1/3 of its funds flow netback for absolutely no monetary gain