SXY
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0.00% $4.60 senex energy limited

Anyone here a Beach holder? Hoping you can answer a question.Do...

  1. drg
    3,622 Posts.
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    08/03/20
    12:52
    Post #: 43366304
    Anyone here a Beach holder? Hoping you can answer a question.

    Do they have hedging in place? It seems they have none in place from what I can find in a Qrtly from last year.... ouch : (

    I am assuming SXY went the hedging path as they are in the development stage and needed assured cash flow.

    This article is brutal...

    https://www.bloomberg.com/news/articles/2020-03-07/saudis-plan-big-oil-output-hike-beginning-all-out-price-war?sref=5F8Ao01j
    Last edited by drg: 08/03/20
    SXY Price at posting: 26.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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