RE:RE:Earnings non-event topdop wrote: Problem with Hedging is a simple fact of Time and Mean Average Price.
The first you run out of.
The second is where you will (eventually) end up.
In a degrading commodity price environment - which is where we are now - you DON'T want, and you SHOULDN'T PERMIT, your future growth to be hamstrung by your Finance Department...
None of you reddit kids understand what a futures curve is.
Look at Jan 2026, champ.
Sell forward today, means certainty of cash flows allows for calculated capex next rolling 12mo.
Sure, the Dividend is heavy, I can agree on that, should be $0.05 to $0.06/mo until debt is below $1B.
That's up to BOD and team.
The reddit children calling for collapse of PEY share price, they haven't finished their grade 11 yet.
Calm down, stop day trading, have a pepsi and a hotdog, maybe a cigarette or two.
This ain't bitcoin and weed stocks.