Professor Elam

Thursday July 2, 2015

Shale Drillers are losing the ability to hedge with $90 oil futures.  Prices on futures contracts have fallen so that this protection is not available. Read th article to learn how much of the recent income consisted not form drilling in Mother Earth but drilling in the futures market. We will be discussing derivatives in ACCT 3311 this summer. 

Here is the chart of SD, who would buy a bond from a company in this shape?