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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (111914)10/15/2008 6:01:10 PM
From: upanddown  Read Replies (1) | Respond to of 206223
 
Dale

The info I would like to find is a central source for finding out what E&Ps and MLPs have the most favorable hedges in place for 3rd and 4th qtr. There have to be some very good hedges from this summer.

It would be nice to find them without slogging through hundreds of press releases and web sites. WLL does not appear to be one of those with favorable hedges.

Here's an example of one I own, PSE.
According to this PR, they have approx 80% of 3Q/4Q crude hedged at $101.79 and approx 50% NG hedged at $10. Even 50% of NGLs is hedged at above-market prices.
biz.yahoo.com

There has to be other E&Ps sitting pretty like PSE, but finding them is another problem.

Even with favorable hedges, another concern in the present insanity is counterparty risk.

John