Veren Inc T.VRN

Lash look at it this way?

[soundandfury]

You sell your house that you lived in for 40 years for $ 800,000.00.........your a happy camper right?.........but then you hear that that same house was sold a week later for $1.2 million..........this is basically what cpg did with its hedges.......imo........and you recently put new shingles on the roof to

[JohnnyDoe]

that's not a good analogy at all. A better analogy is it costs you 20 bucks to make a pair of shoes and full retail price is 50 bucks. The shoes go on sale for 40 dollars and are sold. The transaction doesn't include a sale for 50 bucks with a 10 dollar offset for an unrealized gain. It simply includes a 40 sale against a cost of goods sold of 20. 20 bucks profitin the oil industry