ARX - is Under Siege A 2.5 billion dollars balance sheet Risk Management Strategy, will keep this company from any appreciable gains for at least another year.
Worst run company in the entire sector, with the most expensive management team, who do nothing but push opportunities away, and rack up expensive risk management costs, spending capital with no returns in sight "Attachie".
Between risk management, and Dead full cycle capex projects, ARX has more dead/lost money then what they spend on capital expenditures to maintain production.
Poor Leadership.
IMHO