RE:RE:is this a good price to buy ARXWell it like this,
ARX will generate more FCF that TOU in the first quarter and has 1/2 the market cap.
ARC is about 40% Liquids last Quarter, so it really does deserve a rerating from the Gassy Players.
ARC was plauged with dismal hedges in 2022 that resulted in the loss of of a lot of FCF, In the neighborhood of a billion dollars, those are gone and once the report Q1 numbers, i think the stock will get revalued.
Arx has significant running room in Alberta, while the NE BC mess sorts itself out.
This is a great entry point for ARX with a upside in the 100 percent range.
ARX has been actively buying back and likely is close to a share float in the 600 million.
ARX has a 50% upside from here with little downside risk.
This is my opinion, and not investment advice.
IMHO