RE:Share priceThe last press release states Obe has 65 % of their ng hedged from April to oct 2024 at 2.52.
Pure genius move...totally has a nice gain. April to oct price is having trouble staying above 2. This current cold weather isn't going to help April and on aero much and it hasn't moved yet but spot is crazy right now.
Very few companies are hedged as smartly on ng.
One of the biggest reasons for I will eventually get shares in Obe is management team is top notch here.
Obe dealt with wildfires but they still delivered great production and lots of Obe second half program will start to kick in January. January should be higher than dec production easily.