RE:RE:RE:RE:RE:RE:Hedging Losses are Real LossesThey WILL be impressive, which makes me question some peoples' motives here. We need to keep it simple because a lot of prospective investors are trying to perform DD on ARX and they're encountering useless noise on here based on unknown petty grievances against management.
So here's all we need to know: Declining debt, decreasing share float and legacy hedges rolling off QoQ = a rapidly strengthening balance sheet and growing FCF against a rising commodity price and advantageous currency exchange rate. We win in terms of a rising dividend yield (all but a matter of time) and the potential for prodigious share price appreciation in the near term.
At this point, I firmly believe this thing is going to $20+ this year based on current fundamentals and a historic macro setup for the industry in general. The rest is just noise.
topdown99 wrote: Let's keep it real fella's , wait for the year end numbers and we can take score then . Personally , I don't see how these numbers won't be impressive or historic . Prices are too good and cony is the key , I can;t wait to see how much more FCF Arx generated than Tou .