RE:RE:RE:RE:The industry must issue share buybacksThere are obvious advantages to building new infrastructure, leaving half cycles 'in reserve'.
Management knows exactly what they are doing. Diversification is huge - I'd much rather have several plays in the works, than fewer running at maximum capacity. Permits are getting more and more challenging, and it makes sense to build out as much as possible to secure market share in as many plays as one has. Big picture is key.
Arc's NG, Oil, and Condensate exposure also diversifies them for the different circumstances we may face - example - today oil is down, but NG up. Owning arc is like owning a basket of oil and gas stocks - you get a 'well' balanced company - pun intended. Q2 with VII will expose arc's vast diversity and profitability.
IMO and GLTA