Are You Hedged?
February 20, 2023
Energy markets are presenting a rare opportunity to hedge. If you have market-based risk exposure, it is hard to beat the current opportunity to layer in a hedge. The natural gas March contract has hit the lowest historic price since the contract began trading in November of 2010. Six “life of contract” lows have occurred this month. Commodity Trading Advisor Stephen Schork reports that he sees weakness across the board in power calendar strips from 2024 through 2026. The time to talk to your ENGIE representative is NOW!