ARC Resources Ltd T.ARX

Is Arx heading to 10

[angelnicky]

with the warm weather and low gas prices
hedging is looking good now 
something not lining up

[Quintessential1]

You seem to hold "hedging" up like it issome kind of magic lose button.  1. it is possible to come out ahead with hedges especially when gas prices are going down.     (If commodity prices stay at these levels ARX hedging losses will be less for 2023)  2. If ARX had bad hedges in place ( I have seen the blame put on VII Gens and with their debt I do not  doubt

[MyHoneyPot]

ARX will never make back the billions that it has lost in hedging.  IMHO

[Quintessential1]

They already did IMO.   The hedges and the debt came with VII.    ARX fixed the debt but they could not fix the hedges or I think they couldn't I am not sure what CVE did to mitigate theirs. VII Gens was worth it but it cost. GLTA

[MyHoneyPot]

CVE bought back a lot of hedges.

[Quintessential1]

Okay so pain then or pain later.  My guess is ARX did not have the option of buying their hedges  back or it just didn't make financial sense.   CVE buys back shares and their yield is not as high as ARX;s, When I look at POU and TOU I see smaller share floats.  How does ARX get a smaller share float? Buybacks.   Especially when the share price is

[MyHoneyPot]

Buying back shares means that you don't have any projects that would get a better return in the company. If you think that Kakwa with gas plants running at 50% could not get better returns, their highest netback projects. $120 oil  Maybe you should think about investing in something else.  I talked with POU about buying back shares and they said they can get better returns with the

[Quintessential1]

POU, TOU (looks like an old batman sound effect bubble lol).  Why are you here? Management isn't going anywhere that should be obvious. They do not have an activest investor like SU did to shake the tree.  (Answer to your Q AN...No!) So you have a jurisdiction that could be approved at any moment and you allocate zero budget to it? Or do you allocate a stipend and if it is not

[GunnerG]

You are an investor and MHP is a trader.   He would be happy drilling it all in five years and taking his money.  Others have a vision much further out.  He is a VII shareholder who got burned by VII management. VII sp was under $4, they had cut back production and the banks had them by the b@lls and had those terrible hedges. ARX merged (LOL) and unfortunately VII came with

[Quintessential1]

PMSL...everything you said rings so true it should be obvious to even him. I get that he is a trader but he should get that management are not traders obviously. They are in it for the long game and they don't care about traders even if they think they are investors. GLTY and all longs.