SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Talk to Lola:) -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (1285)10/11/1999 9:52:00 PM
From: SwampDogg  Respond to of 2010
 
RE...crude oil
RGO-T...the price is a total joke
I bought this one at $3.95 and rode it to $7.25 in the Spring. They have been hurt because they are hedged into next year for about 1/2 of their production but their Banff wells have started to produce and they will be a major player in the North sea for many years to come.
When the higher oil prices start to kick up the earnings RGO should do well despite the hedging.