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DewDiligence

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DewDiligence

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Re: semi_infinite post# 17452

Wednesday, 10/31/2018 6:41:45 PM

Wednesday, October 31, 2018 6:41:45 PM

Post# of 30508

HES—...unless they were hedging when prices were bouncing off bottom.

They hedged the overwhelming majority of their oil-price exposure during the early part of the upturn.

What's their average lifting cost?

They disclose that on every quarterly CC; I'll post the number after I listen or read a transcript.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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