RE:RE:RE:RE:who would you rather? I think a lot of the arc shareholders just realized they are treated better over at tou. I don't just go by the Amount of liquids. I go by how much cash do you produce?
tou has the lowest cost liquids rich wells. those alberta liquids rich wells, each one takes a king's ransom to DCET. tou has perfected the art of efficiently turning resource into CASH. NE BC wells are much cheaper to DCET. TOU made a conscious decision to avoid the Alberta Montney money pit. NE BC LR wells strikes the perfect balance for shareholders.
besides NG is killin it right now. tou the perfect ratio
78% NG
22% liquids
MyHoneyPot wrote: Your right uncutgems, i really don't understand why TOU trades at the multiple it does. Do you realize that ARC has almost 3X the liquids TOU does, and it is my guess that they will have more FCF this quater than TOU? q2, and even more in Q3 if the prices keep strong.
What gives i think the market thinks POU's JR is a rock star, and because Mike Rose is his brother in law they give TOU a great evaluation, that is double of what ARX gets.
You heard it hear, i expect ARC to have more FCF than TOU this quater.
TOU is a great company, but these gas based companies you know, gas it a lot like air, and it hard to make money out of thin air.
IMHO