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researcher59

03/12/25 6:32 AM

#122192 RE: 2morrowsGains #122174

Small cap O&G stocks have gotten crushed by the recent plunge in crude oil prices, now at $66/bbl, down from $78/bbl in mid January. I'm way under water in my CIVI position which is now at 4 year lows. Glad I got out of VTLE which has been battered.

My AR position, a pure play on NatGas, is holding up well thanks to a cold winter and high prices, around $4.30/mcf. But NG looks overvalued so I've been shorting the futures as a hedge. KOLD is another way to bet on falling NG prices.
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worthylion

03/12/25 3:55 PM

#122234 RE: 2morrowsGains #122174

BRY Tomorrow, I'm in for an earnings play too. As you like to say: "Spin the wheel". 😆