Would like to pose a question on Hedging
Say Brent reaches $95 spot soon why would Hzn go long even cover 2 years future production
Now my knowledge is very limited but it seems from a little reading that hedging a commodity can
go long as far as 9 years ..dont jump on me only read it somewhere. not saying we would go out
this far i am sure you would be giving up a fair percentage of the oil price
But would like to hear your thoughts , seems covering say 3m barrels at these higher prices would lock
in strong free cashflow for us going forward.
enjoy your weekends
How Much Oil Will HZN Produce from Beibu Gulf and Maari/Maania?, page-15
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HZN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $308.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $363.1K | 1.938M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 1365983 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 2099589 | 11 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |