ARC Resources Ltd T.ARX

Wait a year to fix hedges?

[MyHoneyPot]

You will simply burn another billion on share buybacks, and rob the shareholder of the true evaluation that the share should be trading for today.

Eric Nuttal knew something was wrong with ARX, the way it trading. The reality of the situation was a whale of liability on the balance sheet in the form of risk management. 

You can fix the debt and they have,  but unless you fix the risk management liability ARX will trade at a discount. ARX can't get competative results with companies like TOU with this boat anchor tied to it. 

The share buybacks are futile at this point and a waste of capital

Commodity prices are depressed time to fix the balance sheet. 

IMHO

[Quintessential1]

It is May 2023.  It is only 8 months until 2024 not a year.   Since Q2 is well on its way that means only 2 more quarters of hedging,   It is also debateable whether the hedges could be fixed even if it was worth it.   CVE bought its hedges back and is trading terribly.  I'm not sure why you think this is the fix. ARX is already trading better than

[Trapped]

I think they 100% do know better. And between William's endless rants both here and on Facebook, it's clear Terry and Bibby are living rent-free inside his head. I've said it before... If an investment no longer meets your expectations, you sell and move on to something you can believe in. You don't try to run the company from the outside by harassing IR and the BOD. It never

[MyHoneyPot]

Don't tell me how to manage my investments! The CFO of ARX is doing a disservice to the operational teams of the company and distroying what otherwise would be consider a fine tuned machine. All the shareholders of ARX, and Nine Points to boot should be pissed with the way the balance sheet is being managed.   Everyone sees the potential in the stock, liabilities are not simply

[Trapped]

Fair enough, but there's little hope for you as an investor because you're overly emotional and fixated on one company's management team. You've lost the plot and I guess that's your curse in life. Good luck to you. The point of being balanced and diversified is you don't have to lose your mind over the performance of individual equities. It's a sign that you're