Oil strip
Posted: Fri May 06, 2022 2:23 pm
Rest of 2022 ... 102.62
2023 ... 88.40
2024 ... 78.92
I dont see oil shortage curing itself next 2 years.
Id like to see some EP swing for the fence.
Here's an idea Sell 2022 @ 102.42 buy the same amount for 2024 . Net hedged volume is zero but they capture the spread between the 2 years and if oil is at $110 , 2 years from now, they have their normal sales at 110 and bonus extra volume bought this year to overlay it
These guys need to think outside the box, imho!
2023 ... 88.40
2024 ... 78.92
I dont see oil shortage curing itself next 2 years.
Id like to see some EP swing for the fence.
Here's an idea Sell 2022 @ 102.42 buy the same amount for 2024 . Net hedged volume is zero but they capture the spread between the 2 years and if oil is at $110 , 2 years from now, they have their normal sales at 110 and bonus extra volume bought this year to overlay it
These guys need to think outside the box, imho!