When AP he took over said "i don't like hedging." Said a strong balance sheet is better. But CVE doesn't have a strong balance sheet. Now prices plummet and CVE is naked.
How do you like 'em $35/bbl Brent, $25/bbl WCS apples now AP? How many CVE shares did you buy AP?
Btw... as for those hedge losses you took from the last round which soured many... those were shotgun hedges (done out of necessity) because of the c-appy overpriced COP asset acquisition by your predecessor.