Post by
andy604 on Dec 17, 2022 6:03pm
hedges
Dont forget BTE has 18% of the oil is hedged at $78 - 96 usd
Comment by
gareez47 on Dec 18, 2022 11:49am
And 30% of Production is Louisiana Light at Eagle Ford, currently $77 US The doom and gloomers seem to latch onto headlines without figuring out how it applys to a specific stock. Do your homework before you post generalities people Eagle Ford plus WCS hedges means 50% of production is protected.
Comment by
GambinoB on Dec 18, 2022 12:00pm
Never thought of it this way. Good point
Comment by
riski on Dec 18, 2022 3:25pm
It's a great reminder. Louisiana light is what eased thr losses during the multi year oil bear where WTI flirted with it sat in the $40s for long periods of time.
Comment by
GambinoB on Dec 18, 2022 4:07pm
I assume that is all unhedged? What are those current prices and what % of production?