PENNECO’s business objective is to locate, develop, produce and profitably market oil and gas in an environmentally responsible way. Over the years, PENNECO has achieved consistent results through innovation, managerial excellence and integrity.
The company’s hedging strategy has provided stable returns in an extremely volatile commodity market. PENNECO hedges have been in the money 90% of the time, thereby achieving remarkable downside price risk protection. The financial strength of a multinational integrated oil company, the company’s hedging counter party, is an added assurance of performance.
- Elon Musk was the reason one of Apple's most famous developers left Tesla after only six months
- Virginia man with top-secret clearance charged with espionage related to passing defense secrets to China
- Steve Kerr wants the Warriors to consider positive ramifications of going to Trump White House but admits they may not get invited over criticism
- Trumpcare fixes nothing
- Buying an Xbox One makes more sense than ever, but there's still one huge problem: the PlayStation 4