MARKETING
Energy Corporation
of America is an aggregator of natural gas volumes, selling
approximately 20 BCF annually.
A major part of the
Company's marketing strategy includes continuous monitoring
of the natural gas market, discovering long-term sales opportunities
and capturing volumes and prices at thresholds that meet or
exceed the Company's financial goals.
The prices of Natural
Gas and Crude Oil are extremely volatile. ECA is exposed to
this risk and uses hedging to capture high prices, stabilize
revenues and to protect against adverse price movements.
ECA utilizes NYMEX
futures pricing and OTC Swaps, Collars and Options in its hedging
program. |
