RE:RE:RE:RE:ARXCouple of things to remember...
Pipeline changes coming in 21/22 for both oil and gas.
oil-by-rail is looking more promising (for heavy, especially)
Producers have the option of buying some assets only from others. Why buy the farm when you only need some livestock?
LNG is the only market that NEEDS dry gas, and producers without liquids are running with shoelaces undone until that is up and running.. It’s still good for heat and power, but so is wet gas, so competition is tougher.
robert41 wrote: I agree ..... I think TOU safest long term investment I like both used to own both. I wonder if Arc could be a take over candidate vs crew pony etc. Good companies like to buy good companies I think there has to be consolidation in the industry I know management doesn’t like to give up the big pay cheques but eventually something will have to give it’s really a question of who and when. Any thoughts on who might be prime take over targets. 2020 is going to be interesting!