RE: +12%16 Jul 2024 14:54
Sadly for all LT holders this is sitting at or near all time lows. Mostly attractive because zero is nearby, but unfortunately that does translate to 100% loss from these levels. I hope a better understanding is provided for the July output level soon, and also more details of the new hedge arrangements.
Good luck all, hope you see a squick run up soon, and get a chance to break even or get out. Traded here many times but out now for over two years and just look in occasionally. The new UK govt net zero idiocy and shutting donw new N Sea leases sure isn't helping.