With xto doing a great job of hedging why didn't hgt hedge at $ 8.50 like xto the payout would be 2.3 greater . any ideas? line pay"s about 2.20 a year and is hedges to 2011 at 8.50
If I want a hedge for my leveraged Natural gas plays, I will buy my own, thanks. I want companies to focus on profiting from natural gas in the long-term, not market timing/ speculation activities, and just make some cash. Keep it simple stupid.
I am glad my xto was hedged, hgt would be paying .49 cwnts a month vs. A year . Hedging is smart business
Well HGT is not leveraged, since US Royalty Trust are not allowed to have hedges or debt or acquire new oil and gas assets.
Amroys are not allowed to hedge.