Sep. 2 at 5:14 PM
$CRGY Just your regular reminder that oil is still not above
$70 and natural gas still is below
$3. We are currently on day 64 of 92 of Q3. Like my prediction of Q1 and Q2, this is shaping up to be another great quarter for their swaps...of course, the purchase of VTLE will affect their bottom line.
WTI
* 1 day closed above
$69.79 (2025 avg swap price)
* 64 days (and counting) has been between
$62.03-
$78.24 (2025 WTI 2-way collars)
* 64 days (and counting) has been between the
$60-
$72 leg of the 3-way collars (i.e. no money lost)
Brent
* 64 days (and counting) Brent has been between
$65.00-
$91.61 (2025 Brent 2-way collars)
NG
* 0 days closed above
$4.01 (2025 avg swap price)
* 22 days (Jul 1-22) been inside
$3.11-
$5.79 (2025 NG 2-way collars)
* 42 days (and counting) been below
$3.11 (bottom of NG 2-way collars)