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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: E_K_S who wrote (206087)11/8/2025 10:27:00 AM
From: robert b furman2 Recommendations  Read Replies (1) of 206202
 
Hi E_K_S,

The back up numbers discussing hedges and straddles and collers is complicated reading , but it is an underlying part of their solid business model.

So far it looks like the hedges cost them money with high crude prices and really boost revenue when prices are low.

A bit of good and bad, but safety in the numbers.

Several quarters back, the Management of VTS said with crude in the mid 60's, the dividend is very solid.

Bob
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