Post by
Margin321 on Apr 28, 2021 3:47pm
Earnings after market with call tomorrow am
You have to admit that the market is acting like the numbers will be pretty good.
Comment by
deepblue on Apr 28, 2021 6:18pm
Earnings miss but up in after hrs trading. Debt reduction is falling faster than anticipated. Tomorrow could go either way. Glta
Comment by
autofocus111 on Apr 29, 2021 12:28am
The oil/condensate hedges through EOY suck rocks. ~15% swap @ $47 ~40% 3-way capped at ~$53 ~5% collar capped at $46 That leaves ~40% of production free to capture full WTI price. Not bad overall but it hurts to see so much upside left on the table at current oil prices. At least there's still negligible 2022 oil hedges so far.
Comment by
deepblue on Apr 29, 2021 9:59am
Looking good this morning. Another upgrade from TD to buy with $31 usd target.
Comment by
deepblue on Apr 29, 2021 11:15am
Another upgrade...TPH raised to $34 usd.
Comment by
Margin321 on Jun 03, 2021 11:42am
The fact that OVV still has negligible hedges for 2022 despite current pricing - is a strong predictor that prices might be lower next year. So far just taking the opposite approach to their hedging has been the right choice.