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Strategies & Market Trends : World Outlook
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To: Les H who wrote (30833)5/12/2022 1:05:23 PM
From: Les H  Read Replies (1) of 50052
 
Shale Producers Face $42 Billion In Hedging Losses
By Julianne Geiger - May 03, 2022, 3:00 PM CDT
BloombergNEF: hedging losses are mounting in U.S. shale.
Hess Corp found itself spending $325 million in March to exit hedges at a serious loss.
Shale giant Pioneer lost $2 billion to exit hedges last year.

oilprice.com
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