ARC Resources Ltd T.ARX

Great Management Strategy

[MyHoneyPot]

Keep paying down debt, lowering the enterprise value of the company with no increase in share price, the stock is a dog.

Cut the dividends, the slasher CFO slashed the divident by from 5 cents per month and now gave us a whopping 10% dividend increase to 6.6 cents a quater. I think shareholders like Trapped and Renoman1960 think they are ahead in term of dividends? Ha ha

Buying back shares with share holders money with no meaningful appreciation in stock, i guess the strategy is to do anything except what energy companies are suppose to do find oil and gas and do so economicly, is all about are CFO and his fiscal magic tricks, sorry looks like a dismal strategy to me, especialy that part regarding paying down 2% debt. 

Attachie, time to burn that TeePee down, expect Attachie to quietly go away for some time while Arx management up, and tells us the have fully delinated the lower montney and that was their strategy all allong. 

Really Arc need a mature and seasoned management team that is use to working with investors, not running field operations, and engineering crews. The real idea is to make money here, not see if you can generate all time high hedging losses, i think they have already leading in the hedging loss area. 

IMHO

[Farmer12]

Maybe you are right and these high prices will last forever. But oil and gas prices are notoriosly fickle and cyclical. The biggest example of hedging is Mexico, which hedges a huge amount of its annual production of oil to avoid a worst case scenario. Insurance is not usually a profitable investment, especially life insurance. If you buy life insurance and croak, your ungrateful descendants reap

[angelnicky]

time on management change gas up 31 cents today, look at arc today, poorly done management and ceo do not deserve any incentive packages 

[Deuteronomy818]

Dog?  Really?  in 14 days up 24%  more like a star to me

[Shaleguy]

Really. Down a buck fourty since July 5. Some star

[Deuteronomy818]

We're all going to do well thanks to Biden his admin's focus on fossil fuels, it's already started, fewer wells pumping, less NG = price +   I don't think we'll test the low in August anytime soon, it was a buying opportunity.