Hedge

Lonestar Announces Increase In Borrowing Base And Increases In Oil & Gas Hedge Position

Retrieved on: 
Monday, June 17, 2019
Borrowing base, Corporate finance, Debt, Hedge, Petroleum

FORT WORTH, Texas, June 17, 2019 /PRNewswire/ --Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") announced today an increase in its borrowing base and the addition of crude oil and natural gas hedges for 2020 and 2021.

Key Points: 
  • FORT WORTH, Texas, June 17, 2019 /PRNewswire/ --Lonestar Resources US Inc. (NASDAQ: LONE) (together with its subsidiaries, "Lonestar") announced today an increase in its borrowing base and the addition of crude oil and natural gas hedges for 2020 and 2021.
  • Notably, the increase in the Borrowing Base came despite a significant decrease in the bank price deck.
  • 1
    Lonestar's Chief Executive Officer, Frank D. Bracken, III, commented, "The increase in our Borrowing Base provides another increase in liquidity for Lonestar as well as confirmation of continued performance of our producing asset base.
  • Additionally, we have strategically added to our crude oil and natural gas hedge positions to create extremely high levels of commodity price protection through 2020.

A New Approach to Investing: Randy Swan of Swan Global Investments Reveals “Investing Redefined”

Retrieved on: 
Wednesday, June 12, 2019
Professional services, Banking, Finance, Hedge, Market risk, Financial risk, Investment, Sovereign wealth funds, Non-interventionism, Articles

Randy Swan, Founder and Chief Executive Officer of Swan Global Investments (Swan), a leading provider of hedged equity solutions and mutual fund products for more than two decades, today announced the publication of his first book, Investing Redefined .

Key Points: 
  • Randy Swan, Founder and Chief Executive Officer of Swan Global Investments (Swan), a leading provider of hedged equity solutions and mutual fund products for more than two decades, today announced the publication of his first book, Investing Redefined .
  • Investing Redefined explains how advisors and investors alike can better manage risk and navigate full market cycles to reach their objectives.
  • Randy Swan is the Founder, Chief Executive Officer and Lead Portfolio Manager of Swan Global Investments and the creator of the proprietary Defined Risk Strategy (Swan DRS).
  • Swan Global Investments is an SEC registered Investment Advisor that specializes in managing money using the proprietary Defined Risk Strategy (DRS).

Two Day Seminar: Energy/Electricity Hedging, Trading, and Commodity Markets (Brisbane, United States - August 1-2, 2019) - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 30, 2019
Energy, Utilities, Market risk, Futures contract, Commodity, Hedge, Articles, Electric power distribution, Business, Economy, Renewable energy, Electricity market

What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.

Key Points: 
  • What basis risk is, and how basis, spread, LMP and delivery risks can blow up your energy and electricity hedges.
  • Why Trigger Deals are so popular, and what the difference is between the financial and physical basis ("fin" and "phys").
  • How to structure profitable energy, electric power, and petroleum transactions without exposure to price risk; and how to financially turn one commodity into another.
  • Overview of the three different energy & electric power forward markets, terminology, the purposes served by these markets, price & spread hedgers and the basics of energy and electricity physical transactions.

Whiting USA Trust II Announces Trust Quarterly Distribution

Retrieved on: 
Tuesday, May 7, 2019
Energy, Oil, Gas, Articles, Human behavior, Academic disciplines, Common law, Equity, Inheritance, Trust law, Hedge, Trust, Market

Such non-operated properties are outside the control of Whiting or the Trust and therefore, these operators may propose additional capital expenditures in the future.

Key Points: 
  • Such non-operated properties are outside the control of Whiting or the Trust and therefore, these operators may propose additional capital expenditures in the future.
  • All costless collar hedge contracts terminated as of December 31, 2014, and no additional hedges are allowed to be placed on Trust assets.
  • Additionally, the estimated time when the market price of the Trust units should decline to zero is based on the economic rights of the Trust units.
  • The trading price of the Trust units is affected by factors outside of the control of the Trust or Whiting, including actions of market participants, among others.

Hedgerow Netting Petition

Retrieved on: 
Thursday, May 2, 2019
Environmental law in the United Kingdom, Cricket nets, Environment of the United Kingdom, Hedge, Wildlife and Countryside Act, Natural environment, Architecture

Thursday, May 2, 2019A parliamentary petition calling on the Government to make 'netting' hedgerows to prevent birds from nesting a criminal offence had over 350,000 signatures by 2 May 2019.

Key Points: 
  • House of Commons Library

    A parliamentary petition calling on the Government to make 'netting' hedgerows to prevent birds from nesting a criminal offence had over 350,000 signatures by 2 May 2019.

  • The petitionis a response to recent reports in the press on the use of nets by developers to prevent birds nesting in or near development sites.
  • There have been articles in a number of publications including The Guardian and the BBC, which includes an interactive map of where nets have been reported.
  • In response the reports, Natural England set outthat there is no specific regulation of the use of netting, but that developers must comply with theWildlife and Countryside Act 1981and any planning requirements.

Revenue Recognition Accounting Update 2019 (ASC 606) (California, United States - December 9-10, 2019) - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 25, 2019
Professional services, Accounting, Business, Articles, Economy, Market risk, FASB 133, Hedge, Outsourcing

Conference Speakers will include more members of the Hedgetrackers team in addition to guest speakers from other firms:

Key Points: 
  • Conference Speakers will include more members of the Hedgetrackers team in addition to guest speakers from other firms:
    Hedge Trackers CEO Helen Kane is a widely recognized leader in the application of ASC 815 (formerly FAS 133, Accounting for Derivative Instruments and Hedging Activities) within corporate environments.
  • Helen founded Hedge Trackers in 2000 as a FAS 133 consulting and outsourcing firm providing deeply technical, yet practical solutions to Fortune 100 to 1000 companies.
  • In the decade-plus since, she has provided vision and leadership underpinning the firm's evolution into a premier provider of hedge program management software, consulting, outsourced derivative accounting and knowledge transfer services.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20190425005670/en/

AEGIS Energy Risk Adds Regional Vice Presidents to Support Continued Growth

Retrieved on: 
Wednesday, April 24, 2019
Market risk, Hedge, Risk, Economy, Articles

Additionally, he led all business development activities for Dennard Lascar Investor Relations, a firm providing IR strategy support to public and pre-IPO companies.

Key Points: 
  • Additionally, he led all business development activities for Dennard Lascar Investor Relations, a firm providing IR strategy support to public and pre-IPO companies.
  • Erin Sokol will carry the same responsibilities and will serve as Regional Vice President of the North and West regions of Texas as well as Louisiana.
  • AEGIS Energy Risk is the leading fintech and advisory solutions provider for energy derivatives, having been recognized as the Hedge Advisor of the Year for the last 3 years by Energy Risk Magazine.
  • For more information, please visit AEGIS Energy Risk and follow us on LinkedIn , Twitter and Facebook .

Intercontinental Exchange Launches Eight New Regional MSCI Futures Contracts

Retrieved on: 
Tuesday, April 9, 2019
Professional services, Other Professional Services, Financial markets, Commodity markets, Futures exchanges, Economy of London, Finance, Futures contract, Intercontinental Exchange, MSCI, Derivative, Hedge, Source UK Services, Taiwan Futures Exchange

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses, announced the launch of eight new regional MSCI futures contracts.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses, announced the launch of eight new regional MSCI futures contracts.
  • ICE Futures U.S. has been instrumental in the development of the MSCI derivatives ecosystem.
  • The new MSCI futures contracts are listed below:
    ICE offers a comprehensive set of futures and options on a range of MSCI and FTSE indices, as well as a range of single stock futures and options, which enable customers to hedge against exposure to market volatility.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

NJ Jury Exonerates Hedge Fund Manager Adam Sender and Andrew Heller in Trial Brought by Fairfax Financial; Judge Vacates Punitive Damages Award and Issues Final Ruling

Retrieved on: 
Wednesday, April 3, 2019
Adam Sender, Finance, Hedge fund, Money, Conspiracy, Absolute Return + Alpha, Hedge, Magazines

NEW YORK, April 3, 2019 /PRNewswire/ --A New Jersey jury ruled in favor of hedge fund manager Adam Sender and executive Andrew Heller in a lawsuit brought in 2006 by Fairfax Financial Holdingsagainst multiple defendants, including S.A.C.

Key Points: 
  • NEW YORK, April 3, 2019 /PRNewswire/ --A New Jersey jury ruled in favor of hedge fund manager Adam Sender and executive Andrew Heller in a lawsuit brought in 2006 by Fairfax Financial Holdingsagainst multiple defendants, including S.A.C.
  • Capital, Third Point, Kynikos, and Morgan Keegan.
  • The jury found that former Exis Capital CEO/CIO Adam Sender and COO Andrew Heller did not commit commercial disparagement or engage in a civil conspiracy against Fairfax.
  • In 2016, Mr. Sender opened Sender Company & Partners (SC&P), a hedge fund based in New York.

Whiting USA Trust II Announces Trust Quarterly Distribution

Retrieved on: 
Friday, February 8, 2019
Energy, Oil, Gas, Common law, Equity, Inheritance, Trust law, Hedge, Market

The February 2019 distribution includes production of 30,786 BOE attributable to four Keystone South farm-out wells, which production generated gross proceeds of $1.4 million during the fourth quarterly payment period of 2018.

Key Points: 
  • The February 2019 distribution includes production of 30,786 BOE attributable to four Keystone South farm-out wells, which production generated gross proceeds of $1.4 million during the fourth quarterly payment period of 2018.
  • All costless collar hedge contracts terminated as of December 31, 2014, and no additional hedges are allowed to be placed on Trust assets.
  • Additionally, the estimated time when the market price of the Trust units should decline to zero is based on the economic rights of the Trust units.
  • The trading price of the Trust units is affected by factors outside of the control of the Trust or Whiting, including actions of market participants, among others.