Post by
prested on Jun 23, 2023 11:01am
ARC Vs. VET
Could someone explain to me why Arc Energy (ARX) has gone up over the last 6 months while VET has gone down? I hold both and needless to say I am only happy about one of them.
Comment by
Quintessential1 on Jun 23, 2023 3:22pm
ARX is making all the right moves in a jurisdiction with no WFTs. Shareholder returns, debt reduction, increased production and reserves and future expansion plans. That is an attractive investment. VET will catch up and maybe even pass ARX...soon. WFTs were not VET's fault. GLTY and all.
Comment by
prested on Jun 26, 2023 1:55pm
Thanks for your comforting insight Quint.
Comment by
Quintessential1 on Aug 09, 2023 10:53am
Almost even steven now and it is not like ARX is tanking or lagging the sector. It happened a lot faster and slightly lower than I thought but it sure makes my portfolio look a lot better. Hopefully yours and others too! GLTY and all