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Few U.S. Shale Companies Added To Hedges In Q2

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A new Reuters report on the hedging positions of the 30 largest U.S. shale companies shows that only about one third of the companies chose to add to hedges and lock in $60/bbl crude oil prices during Q2. For now, many companies are holding off for a rebound in crude prices, but bounceback has yet to materialize.

The Numbers

According to the report, only 12 of the 30 companies added to their hedges in Q2 by increasing their outstanding oil options, swaps or other derivative positions by a total of 36 million barrels. On the other hand, 14 of the 30 top shale companies saw their net...


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