Same Oil, Different Checks: Hedges Split Producers Ahead of Q3 Earnings
Some producers that locked in low-$60s oil are paying out nine figures on their hedges. Those that left the upside open kept most of the rally. Energy earnings season opens Tuesday with Halliburton. Oil’s run this year has split America’s producers into two camps, and the report cards start arriving this week. Companies that locked […]
Continue Reading