Oil hedges boost Stuart's cash flow

STUART Petroleum has cashed out a portion of its oil price hedges, boosting cash flow by $6.4 million to further pay down debt and prepare for future investment in growth opportunities.

Oil hedges boost Stuart's cash flow Oil hedges boost Stuart's cash flow Oil hedges boost Stuart's cash flow Oil hedges boost Stuart's cash flow Oil hedges boost Stuart's cash flow

According to the company, the latest sale of oil price hedges brings the cash from hedge sales to a total of $9.75 million during the half year ending December 31.

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