ARC is Under Repairs and Maintenance
Everything Management Touches the need to fix. The shareholders can wait.
Fix the balance sheet ( They have not acheived it, there is more to be done here)
Fix Kakwa, the acquisition of a large company their going to fix. (1/2 cycle gains on hold)
Fix the risk management strategy, (that only cost 3 billion dollars, 4 dollars a share)
Fix the share float 725 million shares, (a billion buyback planned and could go on for ever.)
Fix attachie, i think management should go to the supreme court on that one. (The project can't be scantioned, treaty 8 issues, no agreements cost could change)
Fix Sunrise, i hope none of their workers were in the group blocking costal pipeline construction. (More risk with first nations and costal pipeline)
I wish management could just execute on improving free cash flow and raising the dividends.
That is the last thing in their agenda to do, is fix managments alignment with shareholders.
IMHO