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Continental Cashed In Its Hedges. Now What?
2014-12-23 16:37:17| Electronics - Topix.net
Last quarter Continental Resources made a big move by monetizing its hedge book for some $433 million. Continental's hedging contracts, in which counterparties agreed to pay over $90 per barrel no matter the going price, have become more and more valuable as the price of oil has dropped and dropped.
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Category:Electronics and Electrical