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Re: CRush2112 post# 1285

Thursday, 11/19/2020 11:49:37 PM

Thursday, November 19, 2020 11:49:37 PM

Post# of 1465
At today's price of about $2.60MCF, that's a lot of revenue!

Here's the natural gas futures chart:
https://www.investing.com/commodities/natural-gas-streaming-chart

If I'm figuring this right, I come up with over $69,000,000 for that time period. Did I misplace a decimal point or something? Doesn't seem possible with that much revenue this would be trading in trips.

Just the fact that this is a proven company with verifiable gas production/sales makes it a no brainer.

for the year 2020 on the link above...I found 10 gas wells producing a total over 26.6 million MCFs