RE: Just Numbers8 Aug 2022 16:03
DEC hedges 90% of current and next year revenues. I recently viewed Antero Resources presentation indicates 37% is the industry average. The DEC management have been consistent and have delivered and we were not complaining a couple of years ago when gas pricing was much softer.
Personally, I think North American gas is an important part of the energy transition and there is upside to the Henry Hub prices, consequently I have put some money in AR and reduced my DEC investment. You have the same issues with dividends and withholding tax that have been thoroughly explored on this forum. This is not a recommendation and do your own DD.