RE:STOCK VALUATIONS I agree a lot of shorting and down wards pressure on Oil and Gas stocks, stellar returns and the stock go down, while in ARC case managements compensation goes up.
Special Dividends are coming to the table, TOU talked about one in the confrence call. They are forecasting being debt free year end. POU is going to pay a special dividend.
The only way to beat the cycle, is pay a significant dividend, then people are holding the stock for a return, and a 6 percent return in this day and age is pretty good and highly sustainable by ARC resoruces. Otherwise just buy back share are they are trading at a 50% discount.
IMHO