RE:RE:Great Q4All correct point dwdc but we need to remember a couple of things:
1. Commodity pricing is one of the metrics that management has little control over but as far as NG pricing goes ARX is one of the better marketers of their production in the sector.
2. They are not a one trick pony relying soley on those NG prices and oil pricing is already starting to swing to the upside to take up that slack.
I would like to point out that not only is LNG coming but so is TMX bringing a narrowing of the WTI-WCS spread and an increase in demand for condy and with ARX being a 3 trick pony is the number one producer of condy in the country.
ARX should fair much better than gasier names in the short term and better overall in the long.
GLTY and all ARX BULLS
downwithdotcom1 wrote: Great Q4??? i'm not so sure...Operationally they did well BUT as all ready stated profits, CF and FCF all down materially due to nat gas price all but collasping. Yes production exceeded and LNG is a coming but right now it might be hard to justify the current share price based on current cashflow accepted metrics plus the near term outlook on gasa pricing..thank goodness for their LIQUIDS exposure ...see what happens tomorrow but i'm thinking maybe some share price softness...what do i know??? dwdc