New York—US independent producers are facing new pressures on their hedge positions as crude oil and natural gas prices cruise past or hover at historic highs. “You can argue it both ways if you want to,” Tristone Capital analyst Joseph Magner told Platts on June 3. “We don’t typically make judgment calls” on whether companies should or should not hedge, said Magner, adding that hedging makes more sense for those that need to finance rapid growth.
展开▼
