RE:RE:Oil up ARX flat The stock only needs to average two times today's performance a week, and we would have a 70% return over the year. Slow and steady wins the race. One day we will see that 10-15% spike, it's anybody's guess when that will be - I think mid May or June after positive Q1 and go forward plan is outlined, coupled with positive Covid vaccine progress.
Shell increased its dividend today - an industry first post Covid as far as I know. It's a good sign, as dividend stocks like to compete for investors with better yield. I'm happy with capital growth or dividend, and will be happy with managements call on this - we are all just armchair CEO's and need to trust management knows best. The only thing that stresses me about this stock is how impatient some investors are on the chat - I like cool, calm, positive like minded investors, and appreciate when they post.
The only regret a year from now will be, why didn't you invest more when you could have.
IMO
MyHoneyPot wrote: Exactly pathetic performance, and i think the management itself does not know how to distinquish the company.
Last quater TOU produced just over 8400 boe of oil and about 20,000 boe of condensate.
Get the picture, this is where all the money is, according to Mike Rose brother in law Jim Riddell gas is something you really just want to flare off, and if you were in Texas that is likely what would happen to it.
ARC - produces 100,000 boe of condensate and oil, more than 3X times.
Arc's market cap is 5.7 Billion TOU market Cap is 7.9 Billion
Last quater VII generations price realized per boe was $30.92 , next quater is will like 40 dollars a boe.
TOU's market cap is 40% higher than ARC, this should never happen and next week we will see them trounce TOU in FCF.
IMHO