ARC Resources Ltd T.ARX

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[SideshowBob1]

Did anyone actually think energy was a safe investable sector for la long term value play? Give your head a shake. Years of hard work to get these gains flushed in a matter of weeks. Who in the right mind subjects themselves to this torment? Bulls take stairs bears take windows. Take your medicine folks this is going to get UGLY. One more round of capitulation followed by one more generational opportunity.

I'll give oilcos the roadmap for the way out - CUT YOUR $@!DAMN CAPEX!

[Quintessential1]

With ARX being a low cost producer that markets their production well and hedges when prudent I have no worries with the conservative mangement team and this sustainable dividend.  They already reduced capex once: "The 2024 budget represents an approximate $200 million decrease in capital spending from what was presented at ARC's June 2023 Investor Update. The decrease reflects

[Trapped]

I agree. These 'sky is falling' types are far too reactionary and they never win. Select top-quality businesses and let time do its thing.  This doesn't have to be difficult but the traders do it to themselves every time. Seriously, why do people get so excited during routine sell-offs?? I'd really like to know because they don't bother me in the least. Smart investors