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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Frank who wrote (68645)6/22/2000 7:33:00 PM
From: Think4Yourself  Read Replies (3) of 95453
 
I did and am doing the exact same thing with XTO, except I got an extra 2+ bucks for my shares (lucky!). I have been an agressive buyer yesterday and today. Except for inherited hedges their NG production will be exposed to market prices starting July 1. I believe oil is also going to be at market prices (I haven't called them in three months).

EDIT: Minos, for Q2 NG is hadged at about $2.90 (It's a ladder structure). They WILL have record earnings this quarter, but the next quarter will blow away this quarter's record.
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