RE:TOU is up 2.68i am old enough to remember when you said dry gas was "worthless". that's a direct quote. you at various times actually thought tou would be in trouble for having so many "obsolete" gas plants.
the reason tou is outperfroming, well there are numerous, but the main one is tou remained focused on being a NAT GAS PRODUCER, while Arx unfortunately doubled their share count buying 7g. That foray brought with it more debt, expensive leases, and various operational "issues," including corrosive long term transport agreements, high decline rates that gobble up precious capital.
MyHoneyPot wrote: ARC gains are weak and aligned with weak management.
Lets pay off more 2% debt, Natural gas is 5.50 U.S. or about 42 dollars canadian a boe. Condensate is likely 74.50 or about 94 dollars canadian, and we are starving half cycle production gains, paying off 2 percent debt, and paying a high price for the hedges management put into place.
IMHO