Post by
soundandfury on Mar 21, 2022 12:12am
Joe
Cpg has 30% of its total boepd hedged for remainder of 2022............135,000 boepd x 30% = 40,500 bpd.....or.......cpg has 45% of its crude and condensate hedged for remainder of 2022...........88,000 bpd x 45% = 39,600..............my point is its 30% of total boepd not 46% .........imo
Comment by
BigJoe778 on Mar 21, 2022 6:34am
I didn't say 46%. I said 46.75kbd throughout 2022. You can go right to their website and find this information. It's under invest-hedges.....The graph even breaks is down into collars/swaps/3 way collars.
Comment by
Chad123 on Mar 21, 2022 8:07am
Bottom line is the stupid fcuks didn't need to hedge. Now they will lose $100M each quarter give or take a few $M..... GLWT