Post by
Quintessential1 on Nov 25, 2022 9:54am
Trades Like An Oil Stock.
Which is fine with me as they do produce oil which is making plenty of banck at these prices.
But you know who knows how much more they are making on NG?
No, not the market.
The management because they are actually selling the product and collecting the cash.
The they are using that cash to buy back shares that the market thinks are too expensive because they think it is an oil stock.
The market will be reminded of what kind of stock ARX is at earnings when they see all of the FCF generated, the amount of debt payed down and the amount of shares repurchased and cancelled on the cheap.
And then they will want to buy. ;-)
GLTA ARX BULLS
Comment by
Trapped on Nov 25, 2022 12:35pm
So true. And what often gets lost in all the whining about this company is what excellent gas marketers they are. If you know, you know. Cheers and GLTA ARX longs.
Comment by
Windsorman on Nov 25, 2022 1:30pm
Totally agree. Lots of insider buying with extremely low multiple. I added more shares today and will continue to accumulate on the dips. GLTA.