BPT 2.06% $1.19 beach energy limited

what does the $50 barrell hedging mean, page-5

  1. 20,476 Posts.
    lightbulb Created with Sketch. 2023
    Hi all -
    I asked about hedging over a year ago. Beach is strategy is to hedge enough oil at enough of a margin to allow the company to cover it's corporate / operating. Expenses if oil was to collapse over the short term. This is why they have downside protection at that level on that percentage of prod
 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
(20min delay)
Last
$1.19
Change
-0.025(2.06%)
Mkt cap ! $2.714B
Open High Low Value Volume
$1.22 $1.23 $1.19 $6.737M 5.602M

Buyers (Bids)

No. Vol. Price($)
12 165140 $1.19
 

Sellers (Offers)

Price($) Vol. No.
$1.21 262552 6
View Market Depth
Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
BPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.