RE:RE:RE:RE:Hedging Teader Tawder - 342 million in hedging lossesI'm confident both will happen soon! And yes, fact-checking is importnat when some posters have such questionable agendas.
BigJake wrote: GunnerG wrote: You are CORRECT Sunsurfer. MHP gets so much WRONG and rarely admits to false statements.
Here are some of his ramblings from a recent post. His WRONG statements have been corrected.
- After the merger the put the worst hedges in place in the industry. Actually the worst hedges came from VII when they merged.
- They announced Attachie as their number 1 project, totall unsanctions, and a black hole for cash False, they say Attachie is the LEADING DEVELOPMENT OPPORTUNITY not their number 1 project. Very different wording. Look at the capex you doofus, they are spending very little on Attachie for obvious reasons.
- The waved the flag for Sunrise, another unsanctioned project and another back hole for cash I think you mean "black hole", oye. Isn't it wise to get out of money pits?
- They have accomplished zero in terms of production gains LOL 2017 - 122,937 boe/d 2020 - 302,003. July 2022 guidance is 340,000 to 350,000boe/d. Zero gains, seriously.
- The have sold of valueable transportation Did they sell your favorite pickup truck?
- They have neglected the #1 condensate play in North America Received largest chunk of capex. I believe more than 50%.
- They have neglected their shareholder and don't know how to create value My average cost is under $10, they continue to raise dividends, debt is being paid off at a record pace.
Sunsurfer12 wrote: MHP..so one thing I'm not clear on..the December NG contract NGZ22 actually expires Nov 28th..so when ARC says they have xx hedging for 2022..assume this speaks to the expiration of the NGZ22 contract? That would mean we drop to the 10% hedges as of Nov 29th and not ~50 days from now?
Happy to hear from people with more experience on this.
Very good fact checking Gunner, now we just need ARX to break and hold the 20 dollar level and Quint to use poobear and spunk guzzler in the same sentence. You just know both are going to happen soon.