SXY
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0.00% $4.60 senex energy limited

I agree keithkamp. If most of our Oil is hedged until end 2016,...

  1. BennyTheBall
    386 Posts.
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    20/08/15
    19:58
    Post #: 15845882
    I agree keithkamp. If most of our Oil is hedged until end 2016, then 0.14 is not a Valuation number.

    From the way I read NYMEX historical data Oil has fallen ~75% last 12 months, whereas Natural Gas only down ~25%.

    If SXY is Long/Strong in Gas (just ask TUI), then the SP is nonsense.

    GLTA
    SXY Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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