ARC Resources Ltd T.ARX

Management Stupidity

[MyHoneyPot]

Management came up with a plan for ARC when energy prices were at all time lows, sell off extra transportation capacity, optimize wells and improve efficiecy, and pay down 2% debt. 

Then when the entire economic backdrop changes, what do management do, the same thing they were going to do when the returns were low, and they needed to fix everything. 

Now higher cashflow automaticly fix the balance sheet, why do we want to keep the same objectives in mind as when AECO was a dollar and oil less than 40 dollars. 

Management is really bad, and they may be good accountants and engineers, but they are for sure not business leaders. The have missed so much opportunity upside, that the two of them remind me of two old grannies sitting in their rocking chairs knitting. 

 

IMHO

[stocktalk]

Agree on all pionts ARX is on the wrong path, compared to TOU which has taken off. IMHO

[Trapped]

People, it's not exactly a competition. Given current valuations, I just feel ARX has greater upside potential from here on a relative basis. To each his own, IMHO and GLTA.

[MyHoneyPot]

Who cares what you think Trapped, you have never grown up and we are tired of your immature tantrums. We really don't want you to think to much its not good for you, neither is it fruitful.  IMHO

[Trapped]

Said the idiot who throws immature tantrums on the daily! Thanks for the Friday laugh, Goofball!

[Trapped]

And just a few grammar corrections, HoneyTool: to much should be too much And from your other incoherent posts: Could of should be Could have. I always think you sound like an imbecile whenever you get that wrong :)

[Burgersandfries]

MHP has some good points for sure. Ok every post is saying the same thing and it's a bit too much now we all get it. I do wonder given your articulate point of view why on earth didn't you sell and load up on TOU and not waste your time here?

[downwithdotcom1]

..WHY??? simple IT"S BECAUSE YOU"RE BEING BAITED..same tireless posts multiple times a day, EVERY DAY..somebody just has to be the centre of attention..its sad but more frankly IT"S TOTALLY ANNOYING..place this moron on IGNORE!!!  dwdc

[Beakr123]

MHP, your daily script isnt going to bring all the money you lost back into your pocket. Make better investment decisions next time so we dont have to listen to your constant crying about it. Your a sore loser, have a little grace.

[MyHoneyPot]

Beaker, this will be an interesting year for ARC i didn't think it was possible to have hedging losses that will trump their earnings.  Another informative post from the mascot of the cheerleading squad.  I think you have been a little to active of late, and you need to cut back to the  Alcohol {^youtubevideo|(width)425|(height)264|(rel)False|(url)https://www.youtube.com