Investor Presentaiton
Hedge Book Overview
Hedge Position Detail
PR
FY 2022
FY 2023
FY 2024
Q4
Q1
Q2
Q3
Q4
2023
Q1
Q2
Q3
Q4
2024
WTI Fixed Price Swaps
Total Volume (Bbl)
Daily Volume (Bbl/d)
2,530,000
27,500
1,575,000
1,592,500
1,472,000
1,472,000
17,500
17,500
16,000
16,000
6,111,500
16,744
1,092,000
1,092,000
1,104,000
12,000
12,000
12,000
1,104,000
12,000
Weighted Average Price ($ / Bbl)
$89.17
$90.58
$87.64
$86.36
$84.11
$87.24
$78.46
$77.30
$76.21
$75.27
4,392,000
12,000
$76.81
WTI Collars
Total Volume (Bbl)
644,000
810,000
819,000
644,000
Daily Volume (Bbl/d)
7,000
9,000
9,000
7,000
644,000
7,000
2,917,000
0
0
0
0
0
7,992
0
0
0
0
0
Weighted Average Ceiling ($ / Bbl)
$104.17
$91.15
$91.15
$92.70
$92.70
$91.83
$0.00
$0.00
$0.00
$0.00
$0.00
Weighted Average Floor ($ / Bbl)
$80.00
$75.56
$75.56
$76.43
$76.43
$75.94
$0.00
$0.00
$0.00
$0.00
$0.00
Mid-Cush Basis Swaps
Total Volume (Bbl)
1,848,886
729,999
739,499
749,000
749,002
2,967,500
637,000
637,000
644,000
644,000
Daily Volume (Bbl/d)
20,097
8,111
8,126
8,141
8,141
8,130
7,000
7,000
7,000
Weighted Average Price ($ / Bbl)
$0.62
$0.55
$0.55
$0.52
$0.52
$0.53
$0.43
$0.43
$0.43
7,000
$0.43
2,562,000
7,000
$0.43
WTI Roll Fixed Price Swaps
Total Volume (Bbl)
2,760,000
1,350,000
1,365,000
Daily Volume (Bbl/d)
30,000
Weighted Average Price ($ / Bbl)
$1.85
15,000
$1.34
15,000
$1.25
1,380,000
15,000
$1.23
1,380,000
5,475,000
637,000
637,000
644,000
644,000
2,562,000
15,000
$1.22
15,000
7,000
7,000
7,000
7,000
7,000
$1.26
$0.75
$0.74
$0.73
$0.72
$0.74
Henry Hub Fixed Price Swaps
Total Volume (MMBtu)
Daily Volume (MMBtu/d)
Weighted Average Price ($ / MMBtu)
3,432,715
37,312
$5.86
1,670,157
18,557
$7.64
1,572,752
17,283
$4.70
1,486,925
16,162
$4.70
1,413,628
15,366
$4.90
6,143,462
16,831
$5.55
464,919
5,109
$5.01
446,321
4,905
429,388
413,899
1,754,527
4,667
4,499
4,794
$3.93
$4.01
$4.32
$4.33
Henry Hub Collars
Total Volume (MMBtu)
5,617,285
Daily Volume (MMBtu/d)
61,057
7,104,843
78,943
6,389,748
70,217
6,563,075
71,338
6,636,372
72,134
26,694,038
73,134
3,175,081
1,373,679
1,410,612
1,426,101
7,385,473
34,891
15,095
15,333
15,501
20,179
Weighted Average Ceiling ($ / MMBtu)
$9.11
$10.33
$7.62
$7.52
$8.22
$8.47
$9.44
$6.45
$6.52
$7.30
$7.91
Weighted Average Floor ($ / MMBtu)
$5.64
$4.67
$3.64
$3.64
$3.66
$3.92
$3.36
$3.00
$3.00
$3.25
$3.20
Waha Differential Basis Swaps
Total Volume (MMBtu)
6,900,000
6,075,000
6,142,500
6,210,000
6,210,000
24,637,500
1,820,000
1,820,000
1,840,000
1,840,000
7,320,000
Daily Volume (MMBtu/d)
75,000
67,500
67,500
67,500
67,500
67,500
20,000
20,000
20,000
20,000
20,000
Weighted Average Price ($ / MMBtu)
($0.72)
($1.10)
($1.30)
($1.30)
($1.30)
($1.25)
($0.59)
($0.67)
($0.66)
($0.64)
($0.64)
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