RE:Share Price - What's NextWhy do you two keep suggesting ARX is ignoring Kakwa when Kakwa and greater Dawson received 80% of H1 capital expenditures . $190 million spent on Kakwa (21 drilled , 35 completed) and $108 million spent in greater Dawson (21 drilled , 19 completed) . $4 million spent on Attachie . Seems to me they continue to concentrate on liquids rich Kakwa and Dawson , FCF and debt reduction .
Delta is a smoke screen which may slow reopening but it won't stop it . Oil prices remain near $70 after weeks of selling and paranoid headlines not to mention the looming nat gas shortage possible this winter .
Who knows where the algo's will push prices over the short term in this low volume market but there is value here and as heating season approaches , interest will pick up as the mercury drops . I think everyone has been surprised that both O&G stocks would sell off while prices still remain strong but it does offer the chance to grab shares on the cheap .