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.
- Crypto Rout: Another Stablecoin Falls After UST and Luna
- U.S. stocks bounce after retail sales and investors await Fed’s Powell
- Warren Buffett Stocks: Berkshire Hathaway Bought Netflix Rival In Q1, Sold Drug Stocks
- Billionaire George Soros Bets on These 3 ‘Strong Buy’ Stocks
- ‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth