ARC Resources Ltd T.ARX

Oil up ARX flat

[Wildfury]

It seems that no matter how good the news is or how much WTI is up this stock is either down or flat. Trying to stay positive but come next Wednesday after market close we will see if we made the right decision to buy in. So much hype from everyone including analysts but still nothing to show for it. Personally, I don't think that institutions are buying, if they were this stock should be in the 9's by now. Who would still be shorting this stock with all of this hype and forward outlook for price appreciation. Once again, this stock is not performing as it should be and I'm blaming Arc's management for doing nothing to protect the shareholders value. Low cost producers, the number one oil & gas company for condensate, the number 3 largest producer in Canada. All these facts mean nothing if your stock has no love or support especially when oil prices are touching $65 US per barrel. Maybe it's time to boot the current management team, or change the company name BS resources oil & gas. Maybe they're trying to take this private but until shareholders start to press them on the subject of under performance, they will continue to fill their pockets with bonuses that belong too us.

[GorgeousGeorge1]

ARX followed a similar path to most of the other mid and large cap e&p's on my watchlist today. It's helpful to have a large watchlist to track relative performance accurately

[Scotchlight1001]

Please note that it was not long ago (less than a year) that TOU was ‘up one day and in the toilet the next’. It did break out. High volume typically preceeds price movement. When earnings go up, share price will go up. This occurs after the initial short squeeze. Oil price needs to stabilize for investors to believe earnings will improve. The 7 generations merger will add more oil revenue

[MyHoneyPot]

Exactly pathetic performance, and i think the management itself does not know how to distinquish the company. Last quater TOU produced just over 8400 boe of oil and about 20,000 boe of condensate.  Get the picture, this is where all the money is, according to Mike Rose brother in law Jim Riddell gas is something you really just want to flare off, and if you were in Texas that is likely what

[Grandcentral]

The stock only needs to average two times today's performance a week, and we would have a 70% return over the year. Slow and steady wins the race. One day we will see that 10-15% spike, it's anybody's guess when that will be - I think mid May or June after positive Q1 and go forward plan is outlined, coupled with positive Covid vaccine progress. Shell increased its dividend today - an

[Trapped]

Agreed, Grandcentral. I'm long on Arc and I just can't believe how impatient some investors are. Like chill people and give it a few quarters for Pete's sake. The fundamentals clearly show our time will come, so why lose sleep obsessing over day-to-day price action? Patience and GLTA!

[smocher]

Amen to that!