"Anyone know the current prices for "casinghead mcf" as Linc had a large increase in its production in October?"
It should be Henry Hub minus transport cost. Calorific value may also require some adjustment
" Investopedia explains 'Henry Hub' The Henry Hub pipeline is the pricing point for natural gas futures on the New York Mercantile Exchange. The NYMEX contract for deliveries at Henry Hub began trading in 1990 and are deliverable 18 months in the future. The settlement prices at the Henry Hub are used as benchmarks for the entire North American natural gas market.
Looks like it was around $3.50 /mcf during October, but would depend on whether Linc/ERG had any hedging in place similar to their hedging for their oil production.
LNC Price at posting:
$1.41 Sentiment: Hold Disclosure: Held
