Jul. 14 at 1:41 PM
$CRGY For only 8 of the 91 days in Q2 (during the ISR/IRN escalation) was Crude above
$70.21, their Q1 reported swap average price.
For only 2 of the 91 days was NG above
$3.91, their Q1 reported swap average price.
They are going to make a killing this quarter on their swaps thanks to Liberation Day. I think Q2, like Q1, will be very good.