oversoldEarnings this week, huge weather system bearing down on the east coast has bumped the price of natgas futures, stock is waaay oversold, 10 down days. Topped up on friday.
From last quarter:
"ARC delivered average daily production of 158,444 barrels of oil equivalent ("boe") (1) per day to generate funds from operations (2) of $144.6 million ($0.41 per share) during the three months ended September 30, 2020. With funds from operations generated during the period, ARC declared dividends of $21.2 million ($0.06 per share), invested $52.6 million in development activities, and strengthened its financial position by reducing net debt (2) by $93.3 million or 10 per cent."