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Josh Young: Energy Value Chain Analysis (Offshore & Onshore)

Value Hive Podcast

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How Do You Think About Hedge Rates for for Each Name?

I think hurdle rates are important obviously for for any investor but especially when you come across maybe an industry that you think is on the is on the crux of a longer cycle. One way I think about it is underwriting to sort of a flat price scenario for producers or a sort of flat activity perspective for service companies and then just hit it with whatever sort of negative stuff might happen. It's something where especially this is where we'll get bigger in in the stocks is where we can see a scenario where things get worse maybe even much worse and we can still be in a positive return total on the idea over a two or three year period. That kind of strategy has worked really well for

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